Triplex

Elkhart, IN Triplexes for Sale

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Renovated Triplex with New Furnace
Updated: Jul 13
Renovated Triplex with New Furnace

616 N Michigan Street, Elkhart, IN 46514

$198,900
1,502 sqft 0.20 AC lot
Renovated before the current three tenants moved in
New furnace installed this year
0.2‑acre lot with total property size of 1,502 SF
Off‑street parking
Laminate flooring
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This listing looks promising.

Here's a quick look at some key insights for

616 N Michigan Street, Elkhart, IN 46514-2622

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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.

Three-Unit Triplex with Available Unit
Three-Unit Triplex with Available Unit

502 N Arthur St, South Bend, IN 46617

$365,000
2,209 sqft

Tenants pay their own electric, supporting a straightforward utility arrangement across the property.

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Spacious Three-Unit Investment Property
Spacious Three-Unit Investment Property

423 E Division St, Dowagiac, MI 49047

$199,900
3,288 sqft 0.38 AC lot

Three units, garage, and large yard investment opportunity.

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Spacious Three-Unit Investment Property
Spacious Three-Unit Investment Property

423 E Division Street, Dowagiac, MI 49047

$199,900
0.38 AC lot

Three-unit property with garage and large yard in Dowagiac, MI.

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Triplex with Three Two-Bedroom Units
Triplex with Three Two-Bedroom Units

330 N Sunnyside Street, South Bend, IN 46617

$695,000
0.08 AC lot

Triplex built in 2008 featuring three two-bedroom units and off-street parking.

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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 $198,900.

Sale prices for three-family homes in Elkhart, IN average $198,900 — 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 2
Quadplexes 2
Triplexes 1

Demographics Overview

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

High-Yield Neighborhoods for Investment

Identify Elkhart submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
46514 $209.9K
46516 $222.5K

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%

Property Size Breakdown

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

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