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$499,000
10,290
square ft

701 W Beardsley Avenue
Elkhart, Indiana 46514

New / MLS #202613609 / Multiple Family / Elkhart
Listing information updated 4/17/2026 at 3:43pm
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.
Exterior Type:
Brick
Basement:
Full Basement,Outside Entrance
Water Front:
No
Square Feet:
10,290
Lot Size:
0.32
Acreage:
0.32
Built:
1900
Cooling System:
Window
Stories:
2
Additional Information:
Office: 574-533-9581
Building Square Feet:
10,290
Current Net Income:
$39,155
Tax Amount:
$5,370
Tax Year:
N/A
Zip Code:
46514
City:
Elkhart
County:
Elkhart County

Listing Agent: Steve Miller

Listing Office: RE/MAX Results

Contact Information - Office: 574-533-9581

Disclaimer: IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Elkhart, IN

The city of Elkhart is in Elkhart County, Indiana. It has a population of about 51,000 people. The community is about 15 miles east of South bend, in the Michiana area. The St. Joseph River flows through the center of Elkhart....
$248,737
Average Sale Price
43
Average Days On The Market
98%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 701 W Beardsley Avenue, Elkhart, IN 46514
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701 W Beardsley Avenue, Elkhart, IN 46514 is a multiple family currently listed at $499,000. This multiple family has been listed on @properties Christie's International Real Estate since April 13th, 2026 and was built in 1900.

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