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Historic Southside Multifamily Home for Sale

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    $295,000

    • 5 Beds
    • 5 Baths
    • 2,050 Sq Ft

    308 E Madison St, Goshen, IN 46526

    Cash-flowing 5-unit apartment building for sale! Calling all investors, here is your chance to add 5 updated units to your portfolio and start making money instantly. Brand new roof just installed in 2025. 4 out of 5 units remodeled in 2024. All 5 units occupied making this a true turn-key acquisition. Act quickly, these opportunities do not present themselves often!

    Drew Overmyer At Home Realty Group

    308 E Madison St, Goshen, IN 46526

Why Live in Historic Southside

Historic Southside in Goshen is a neighborhood with homes averaging 115 years old, featuring Victorian-era, Craftsman, Traditional, and Foursquare styles. The area is primarily residential, with a CVS as the only commercial property, but it is conveniently close to downtown Goshen, which boasts over 180 businesses, including The Electric Brew coffee shop and Los Primos Mexican Grill. The South Side Soda Shop, a vintage diner, is a notable nearby attraction. While there are no parks within the neighborhood, Shanklin Park and Millrace Park are just a mile away, connected by the 2.5-mile-long Millrace Canal Trail. The Goshen Public Library is a key community hub, offering extensive outreach and hosting various events, including summer reading programs and adult education. The Historic Southside Neighborhood Association organizes annual events like a summer block party and a neighborhood yard sale. The Interurban Trolley Red Line provides public transportation along Main Street, connecting to Goshen College and downtown Elkhart. For education, Parkside Elementary School and Goshen High School are highly rated, with students transitioning through Goshen Intermediate and Goshen Junior High. The neighborhood is safer than the national average, offering a low crime risk environment.

Home Trends in Historic Southside, IN

Housing Trends

Median Sale Price
$400,000
Median Single Family Sale Price
$400,000
Average Price Per Sq Ft
$259
Number of Homes for Sale
1
Last 12 months Home Sales
10
Months of Supply
1.20
Median List Price
$439,990
Median Change From 1st List Price
9%
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