Property profile

465 Simpson Ave Elkhart, IN 46516

OFF-MARKET
Residential income homes
Property ID
US31-0484715
3,827 SF 0.27 ac lot Built 1980
Individually Owned 4-yr Hold
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Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1980
Construction WOOD
Total area 3,827 SF
Lot 0.27 ac (11,892 SF)
Zoning code ZO01
APN 20-06-04-478-017.000-012
UPID US31-0484715

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company

Location

465 Simpson Ave Elkhart, IN 46516-4754
Elkhart metro Census 1901 ELKHART-GOSHEN, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2022
5 recorded transactions
2022
Price N/A
2011
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

ZO01 · Elkhart, IN

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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