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    Elkhart, IN
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    Elkhart, IN Triplexes for Sale

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    Renovated Three-Unit Rental
    Updated: Jul 13
    Renovated Three-Unit Rental

    616 N Michigan Street, Elkhart, IN 46514

    $209,900
    1,502 sqft 0.20 AC lot
    Year built 1902
    Renovated 3‑unit rental property (renovated before current tenants moved in)
    New furnace installed this year
    Off‑street parking
    Laminate flooring
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Elkhart, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Renovated Triplex with Basement
    Renovated Triplex with Basement

    602 N Frances Street, South Bend, IN 46617

    $699,900
    2,722 sqft 0.08 AC lot

    Turnkey renovated triplex with three units and a full basement with washer and dryer.

    View details
    Brick Triplex with Common Living Area
    Brick Triplex with Common Living Area

    330 N Sunnyside Street, South Bend, IN 46617

    $695,000
    0.08 AC lot

    Partially furnished 2008-built brick triplex with three two-bedroom units and shared main-level amenities.

    View details
    Residential Triplex with 2-Car Garage
    Residential Triplex with 2-Car Garage

    412 East 4th Street, Mishawaka, IN 46544

    $249,900
    1,534 sqft

    Three currently rented units on one lot, including a 2-car garage with the rear duplex layout.

    View details
    Mishawaka Three-Unit Investment Property
    Mishawaka Three-Unit Investment Property

    803 North Main Street, Mishawaka, IN 46545

    $203,000
    2,448 sqft

    Three-unit investment property in Mishawaka with detached garage.

    View details

    Elkhart, IN Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Elkhart, IN on our real estate platform. These investment opportunities span a total of 1,502 square feet of properties for sale, with an estimated market value of $209,900.

    Sale prices for three-family homes in Elkhart, IN start at $209,900, averaging $209,900, and reaching up to $209,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 6
    Apartment buildings 4
    Quadplexes 1
    Short term rental properties 1
    Triplexes 1

    Demographics Overview

    Population 99K
    Population Growth (5Y) -0.8%
    Median Household Income $57,378
    College Educated 17.6%

    Taxes & Financing

    Tax Rate (average for all types) 2.57%
    Property Tax per SF $42.55 per SF
    Tax Rate vs County Average 0.11 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Elkhart County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Elkhart fall within the 100,000+ square foot range.

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