About This Home

This 2-bedroom, 1-bathroom residential multi family at 1500 W Lexington Avenue in Elkhart, IN is listed for $114,900 ($133 per sqft). Built in 1912, the home offers 866 sqft of living space on a 0.28 acres lot.

Key Features

  • Built in 1912
  • 0.28 acre lot
  • 4 parking spaces

Property Details

1 story
1 full
4 spaces
1912

Amenities

A/C
Listing Description

Tenant-occupied investment opportunity in Elkhart! This single-family home offers immediate rental income with an established tenant already in place. Property features spacious living areas, functional layout, and convenient location near shopping, schools, and major roadways. Great opportunity for investors looking to expand their portfolio or add a cash-flowing property. Please allow notice for showings due to tenant occupancy.

Monthly Cost Estimate

$615/mo

20% down · 6.5% · 30 years

Principal$83
Interest$498
Insurance$34

Estimates only. Actual payments may vary.

Location

1500 W Lexington Avenue

Elkhart, IN 46516

Property Details

Flooring

Vinyl

Cooling

Central Air

Questions & Answers

This 2-bedroom, 1-bathroom residential multi family at 1500 W Lexington Avenue is listed at $114,900 ($133/sqft). The estimated monthly payment is $615 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1912, 0.28 acre lot, 4 parking spaces.

This property is listed by Michelle Bordeau.

MB

Michelle Bordeau

Agent at Sunrise Realty

Listed by Sunrise Realty · Broker phone: 5745961394

MLS# 202620063· Source: Elkhart County Board of Realtors· 159 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.

1500 W Lexington Avenue, Elkhart, IN 46516

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