701 W Beardsley Avenue, Elkhart, IN 46514
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701 W Beardsley Avenue, Elkhart, IN 46514
701 W Beardsley Avenue, Elkhart, IN 46514
701 W Beardsley Avenue, Elkhart, IN 46514
701 W Beardsley Avenue, Elkhart, IN 46514
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Trueblood Real Estate

Trueblood Real Estate

+1(317) 513-1395
$ 499,000
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701 W Beardsley Avenue Elkhart, IN 46514

16 Beds

12 Baths

10,290 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Apartment Building

Listing Status Active

Purchase Type For Sale

Square Footage 10,290 sqft

MLS Listing ID 202613609

Style Two Story

Bedrooms 16

Full Baths 12

Abv Grd Liv Area 10,290

Total Fin. Sqft 10290

Year Built 1900

Annual Tax Amount $2,940

Lot Size 0.320 Acres

Property Sub-Type Apartment Building

Property Description

*Multiple Offer Deadline - 4/23/26 10pm, Response 4/24/26*Investor opportunity! This 12-unit multi-family property offers strong in-place income with significant upside potential. With a pro forma gross annual income exceeding $80,000, this property is well-positioned for growth. The building includes 9 leased units, 1 owner-occupied unit, and 2 vacant units in need of improvements for occupancy—providing immediate value-add potential. Recent electrical improvements allow for future separation of utilities, offering a path to reduced expenses and increased NOI. Additional features include a pole barn, a durable rubber roof, and a boiler approximately 8–10 years old. Ideal for a buy-and-improve investor focused on building equity and maximizing returns.

Location

State IN

County Elkhart County

Area Elkhart County

Direction SW corner of N. Michigan St. and W. Beardsley Ave.

Rooms

Dining Room 0

Interior

Flooring Carpet, Vinyl

Appliance Building, Land

Laundry , 12

Exterior

Amenities Available Basement, Off Street Parking

Total Parking Spaces 12

Building

Lot Description 0-2.9999

Story 2

Structure Type Brick

New Construction No

Schools

Elementary Schools Mary Daly

Middle Schools West Side

High Schools Elkhart

School District Elkhart Community Schools

Others

Financing Cash,Conventional

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202613609

Indiana Regional MLS (IRMLS)
IDX information provided by the Indiana Regional MLS
Listed by Steve Miller • RE/MAX Results • Office: 574-533-9581

NEARBY SCHOOLS & PROPERTIES

Trueblood Real Estate

Trueblood Real Estate

Brokerage | RB14046098

+1(317) 513-1395

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701 W Beardsley Avenue

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