$225,000

114 E 8th St Mishawaka, IN 46544

Estimated payment $1,449/month

Total Views 297
6 Beds
3 Baths
2,298 Sq Ft
$98 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • Level Lot
  • Multiple cooling system units

About This Home

Great add to any portfolio. This well maintained income producing property has two units one up and one down on the main house then in the back, the stand alone home has 1 bedroom 1 bathroom with a full basement. This would be perfect for someone who wants to live on site and have rental income too. Unit A offers main floor living with 3 bedrooms, 1 bath and full basement access with W/D hookups. Unit B is the upstairs unit with 2 bedrooms, 1 bath with W/D. The stand alone home offers 1 bedroom, 1 bathroom with full unfinished basement with W/D. This property offers a great location close to schools, shopping and restaurants. All appliances will stay with the sale but not warranted. Tenant Rights apply with active leases in place. Do not disturb tenants, showings require min. 24 hour notice.

Listing Agent

Valarie Lester

Berkshire Hathaway HomeServices Northern Indiana Real Estate Brokerage Phone: 574-284-2600 Listed on: 08/27/2025

Berkshire Hathaway HomeServices Northern Indiana Real Estate

Co-Listing Agent

Valerie Martz-Lowell

Berkshire Hathaway HomeServices Northern Indiana Real Estate Brokerage Phone: 574-284-2600

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,694

Year Built

  • Built in 1922

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x115
  • Level Lot

Home Design

  • Triplex
  • Traditional Architecture
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Laundry in Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Laundry in Basement

Parking

  • 1 Parking Space
  • On-Street Parking

Location

  • Suburban Location

Schools

  • Emmons Elementary School
  • John Young Middle School
  • Mishawaka High School

Utilities

  • Multiple cooling system units
  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • The owner pays for heating, sewer, tax, trash collection, water
  • Assessor Parcel Number 71-09-16-436-021.000-023
  • Seller Concessions Not Offered

Community Details

Overview

  • 3 Units

Pet Policy

  • Pet Restriction

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $1,869
  • Insurance Expense $1,680
  • Maintenance Expense $3,168
  • Water Sewer Expense $254

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,694

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Triplex
  • Year Built: 1922
  • Age: 103
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 6
  • Number Above Grade Bedrooms: 6
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Lot 16 Mc Inernys 1st
  • Parcel Number ID: 71-09-16-436-021.000-023
  • Platted: Yes
  • Amenities: Basement
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Monthly Gross Income: 2221
  • Year Taxes Payable: 2025
  • Special Features: None

Interior Features

  • Total Sq Ft: 3498
  • Total Finished Sq Ft: 2298
  • Above Grade Finished Sq Ft: 2298
  • Below Grade Sq Ft: 1200
  • Price Per Sq Ft: 97.91
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Flooring: Mixed
  • Total Below Grade Sq Ft: 1200
  • Number Of Ranges Ovens: 3
  • Number Ttl Rooms Below Grade: 2

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 1
  • Parking: Street

Utilities

  • Cooling: Window, Multiple Cooling Units
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Annual Fuel Expense: 1868.65
  • Annual Insurance Expense: 1680.25
  • Annual Maintenance Expense: 3167.81
  • Annual Water Sewer Expense: 254.29
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 3
  • Number Water Meters: 1

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: School City of Mishawaka
  • Elementary School: Emmons
  • Middle School: John Young
  • High School: Mishawaka
  • Elementary School: Emmons

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 40x115
  • Estimated Lot Sq Ft: 4792
  • Estimated Lot Size Acres: 0.11

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Heating, Sewer, Tax, Trash Collection, Water
  • Tenant Pays: Cable, Electric

Multi Family

  • Gross Monthly Rent: 1685
  • Number Of Dryers: 2
  • Number Of Refrigerators: 3
  • Number Of Units: 3
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Num Of Units Rented: 2

Tax Info

  • Annual Property Tax: 2694.01

MLS Schools

  • High School: Mishawaka
  • Middle School: John Young
  • School District: School City of Mishawaka

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,939 $193,500 $15,100 $178,400
2023 $2,937 $125,200 $6,600 $118,600
2022 $2,937 $125,200 $6,600 $118,600
2021 $2,405 $116,300 $7,300 $109,000
2020 $2,458 $103,900 $8,100 $95,800
2019 $2,338 $98,400 $7,800 $90,600
2018 $2,756 $96,600 $7,300 $89,300
2017 $3,052 $95,300 $7,300 $88,000
2016 $2,577 $106,400 $7,300 $99,100
2014 $2,844 $105,200 $7,300 $97,900
2013 $2,953 $105,200 $7,300 $97,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2025 08/27/25 For Sale $225,000 +181.3% $98 / Sq Ft
05/29/2015 05/29/15 Sold $80,000 -10.0% $35 / Sq Ft
04/08/2015 04/08/15 Pending -- -- --
08/25/2014 08/25/14 For Sale $88,900 -- $39 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- Meridian Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $840,000 New Conventional
Closed $53,809 New Conventional
Source: Public Records

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    Section Image

Source: Indiana Regional MLS

MLS Number: 202534292

Indiana Regional MLS

APN: 71-09-16-436-021.000-023