About This Home

This 2-bedroom, 4-bathroom multi-family at 120 N 5Th Street in Goshen, IN is listed for $275,000 ($86 per sqft). Built in 1900, the home offers 3,216 sqft of living space on a 0.12 acres lot.

Key Features

  • Built in 1900
  • 0.12 acre lot
  • 2 stories
  • Fireplace

Property Details

2 stories
2 full, 2 half
1900

Amenities

Fireplace
Listing Description

Investment Opportunity - Mixed-Use B-2 Zoned Property in Goshen Opportunity awaits with this mixed-use commercial property offering multiple income possibilities. Zoned B-2, the building features approximately three separate spaces consisting of a main-level office and two upper-level one-bedroom apartments, each with its own private entrance.

The main floor office includes a welcoming reception/work area, a fireplace, two half baths, and central air conditioning. The upper level consists of two one-bedroom, one-bath apartments, each with a full bath featuring a shower. The apartments are currently without kitchen appliances, allowing a new owner to customize as desired.

The building is heated by a hot water boiler system located in the basement. The office space is air conditioned, while the upstairs apartments do not currently have air conditioning; window units could be installed if desired. The property has not been leased or occupied for the past several years, providing a blank slate for renovation, updates, and future occupancy.

Whether you're looking for office space with residential units above or an investment property with value-add potential, this B-2 zoned building offers flexibility and opportunity in a convenient Goshen location.

Monthly Cost Estimate

$1,471/mo

20% down · 6.5% · 30 years

Principal$199
Interest$1,192
Insurance$80

Estimates only. Actual payments may vary.

Location

120 N 5Th Street

Goshen, IN 46528-3202

Property Details

Flooring

VinylCarpetWood

Cooling

Multi Units

Questions & Answers

This 2-bedroom, 4-bathroom multi-family at 120 N 5Th Street is listed at $275,000 ($86/sqft). The estimated monthly payment is $1,471 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.12 acre lot, 2 stories, Fireplace.

This property is listed by Gregory Hire.

GH

Gregory Hire

Agent at Hallmark Excellence Realty, Inc

Listed by Hallmark Excellence Realty, Inc · Broker phone: (574) 370-8864

MLS# 202630691· Source: Elkhart County Board of Realtors· 95 days on PropertySimple

Copyright © 2026 Elkhart County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

120 N 5Th Street, Goshen, IN 46528-3202

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