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Explore Similar Apartments Within 2 Miles of Sherman, IN

  • /4

    $186,500

    • 4 Beds
    • 3 Baths
    • 1,944 Sq Ft

    1041 Cassopolis St, Elkhart, IN 46514

    Turnkey Investment with Strong Income Potential! This well-located triplex offers a great opportunity for steady rental income. Situated on a large lot with ample off-street parking, the property is just a short walk to downtown.

    Steve Miller RE/MAX Results-Goshen

    1041 Cassopolis St, Elkhart, IN 46514
  • /18

    $148,777

    • 6 Beds
    • 2 Baths
    • 3,016 Sq Ft

    817 Middlebury St, Elkhart, IN 46516

    Great Investment Opportunity – Renovated Duplex with River Access!Don't miss this updated duplex for sale, perfectly situated in a prime location with river access! Each unit features 2 bedrooms and 1 bathroom, offering comfortable and functional living spaces ideal for tenants or extended family. Recent renovations throughout both units provide a modern touch, including updated interiors and a

    Barketa Kerns Century 21 Circle

    817 Middlebury St, Elkhart, IN 46516
  • /34

    $99,500

    • 3 Beds
    • 2 Baths
    • 1,400 Sq Ft

    1118 Cedar St, Elkhart, IN 46514

    Duplex needing reno, main level had small fire. Great location for pulling top rents. Large 2 car detached garage plus shed. Sold as is cash offers only. Rents were with NO access to garage or shed with total reno rents could be higher!!!

    Ann Connolly RE/MAX 100 Elkhart

    1118 Cedar St, Elkhart, IN 46514
  • /2

    $900,000

    • 20 Beds
    • 21 Baths
    • 14,872 Sq Ft

    226/228 & 230 W Jackson St, Elkhart, IN 46516

    Investment opportunity in Elkhart. 21 units in 2 apartment buildings (16 units) and (5 units) are fully occupied. Two car garage also onsite for additional income possibilities. New windows (2023) and new asphalt on parking lot (2022) and new TPO roof (2023)

    Zachery Hochstetler Myers Trust Real Estate

    226/228 & 230 W Jackson St, Elkhart, IN 46516
  • /36

    $119,900

    • 3 Beds
    • 2 Baths
    • 2,300 Sq Ft

    719 W Franklin St, Elkhart, IN 46516

    Are you ready to invest in your future? Look no further! This exceptional investment property boasts a solid rental history with long-term tenants who have made it their home. Rents are currently super low and could be adjusted. Don’t let this incredible opportunity slip away—seize the chance to make it yours today!

    Jennea Schirr McKinnies Realty, LLC Elkhart

    719 W Franklin St, Elkhart, IN 46516
  • /9

    $147,500

    • 4 Beds
    • 4 Baths
    • 2,028 Sq Ft

    607 W Marion St, Elkhart, IN 46516

    Great opportunity for investors looking for a multi-unit to add to their portfolio. This 4-unit property features three tenant-occupied units generating income, plus one vacant unit—perfect for immediate leasing. With recent updates including fresh paint and luxury vinyl plank flooring throughout, the interiors are clean, modern, and easy to maintain. While the building isn't fully rented, it

    Michelle Bordeau SUNRISE Realty

    607 W Marion St, Elkhart, IN 46516
  • /28

    $169,900

    • 6 Beds
    • 3 Baths
    • 2,502 Sq Ft

    301 W Jackson Blvd, Elkhart, IN 46516

    Spacious, clean well-maintained home with 4 BRS on upper level and a 5th BR in basement with egress window. Efficiency has a kitchen, full bath and a spacious living/sleeping room.

    Susan Burns Berkshire Hathaway HomeServices Elkhart

    301 W Jackson Blvd, Elkhart, IN 46516
  • /2

    $398,000

    • 8 Beds
    • 4 Baths
    • 5,970 Sq Ft

    100 S Michigan St, Elkhart, IN 46514

    This is an exceptional opportunity for investors looking to expand their portfolio or enter the real estate market. This fully occupied four-plex offers a solid cash flow and is an ideal asset for both seasoned and new investors alike. Each of the four units features two spacious bedrooms, providing comfortable living spaces that appeal to tenants. Residents can also enjoy their own private back

    David Perry RE/MAX 100

    100 S Michigan St, Elkhart, IN 46514

Why Live in Sherman

Sherman, a neighborhood in Elkhart, features homes that are predominantly Craftsman-style, with some dating back to the late 19th century. The area includes townhouses and apartments, with a higher proportion of renters than owners. Home prices range from fixer-uppers under $60,000 to move-in ready houses between $75,000 and $155,000. However, some homeowners face challenges qualifying for flood insurance due to a 2018 storm, contributing to longer market times for homes. Sherman is well-suited for walking and biking, with Langle Park and Geroldean Thursby Memorial Tot Lot offering updated playgrounds. Nearby parks accessible via footbridges include Island Park, Kardzhali Park, and NIBCO Water and Ice Park. Dining options range from fast food to local favorites like Iechyd Da Brewing Company and The Tipsy Biscuit, with multiple grocery stores within a 5-minute drive. The neighborhood is close to major annual events such as the Elkhart Jazz Festival and the Elkhart Grand Prix go-kart race. Public transportation is convenient with the Interurban Trolley Blue, Green, and Yellow Lines, and major roads and highways are easily accessible. The Indiana Toll Road is 4 miles away, and South Bend International Airport is just over 25 miles from Sherman.

Home Trends in Sherman, IN

Housing Trends

Median Sale Price
$830,000
Median Single Family Sale Price
$830,000
Average Price Per Sq Ft
$354
Number of Homes for Sale
1
Last 12 months Home Sales
4
Months of Supply
3.00
Median List Price
$847,747
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
74%
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