$900,000

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

Estimated payment $5,554/month

Total Views 9,456
20 Beds
21 Baths
14,872 Sq Ft
$61 Price per Sq Ft

Highlights

  • Wood Flooring
  • Double Pane Windows
  • Laundry Facilities
  • Corner Lot
  • Hot Water Heating System
  • 3-minute walk to Langle Park

About This Home

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)

Listing Agent

Zachery Hochstetler

Myers Trust Real Estate Brokerage Phone: 574-215-2412 Listed on: 06/11/2025

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $9,106

Year Built

  • Built in 1900

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 166 x 114
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • 3-Story Property
  • Double Pane Windows
  • Wood Flooring

Bedrooms and Bathrooms

  • 20 Bedrooms
  • 21 Full Bathrooms

Partially Finished Basement

  • Stone or Rock in Basement
  • 3 Bathrooms in Basement
  • 3 Bedrooms in Basement
  • Crawl Space

Parking

  • 21 Parking Spaces
  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Outbuilding

Schools

  • Beardsley Elementary School
  • North Side Middle School
  • Elkhart High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • The owner pays for electric, heating, lawn maintenance, maintenance, sewer, trash collection, water
  • Assessor Parcel Number 20-06-05-332-012.000-012
  • Seller Concessions Not Offered

Community Details

Overview

  • 2 Buildings
  • 21 Units

Amenities

  • Laundry Facilities

Pet Policy

  • Pet Restriction

Building Details

  • 21 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $19,851
  • Fuel Expense $11,218
  • Insurance Expense $9,167
  • Maintenance Expense $10,265
  • Trash Expense $2,380
  • Water Sewer Expense $5,496

Property Details

Home Type

Apartment

Est. Annual Taxes

$9,106

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Apartment Building
  • Year Built: 1900
  • Age: 125
  • Style: Three Story
  • Bedrooms: 20
  • Number Above Grade Bedrooms: 17
  • Total Bathrooms: 21
  • Total Full Bathrooms: 21
  • Legal Description: BEARDS 115FT W END LOT 94 (TIF 75) BEARDS 115FT W END LOT 93 (TIF 75)
  • Parcel Number ID: 20-06-05-332-012.000-012
  • Platted: Yes
  • Amenities: Off Street Parking, Water Heater Gas
  • Inside City Limits: Yes
  • Number Below Grade Bedrooms: 3
  • Parcel Id2: 20-06-05-332-006.000-012
  • Monthly Gross Income: 9860
  • Year Taxes Payable: 2025
  • Special Features: None

Interior Features

  • Total Sq Ft: 18013
  • Total Finished Sq Ft: 14872
  • Above Grade Finished Sq Ft: 13022
  • Below Grade Finished Sq Ft: 1850
  • Below Grade Sq Ft: 3141
  • Price Per Sq Ft: 69.11
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Basement Material: Stone
  • Flooring: Wood
  • Number Below Grade Bathrooms: 3
  • Total Below Grade Sq Ft: 4991
  • Number Of Ranges Ovens: 21
  • Number Ttl Rooms Below Grade: 9

Exterior Features

  • Exterior: Brick
  • Roof Material: Rubber, Shingle
  • Stories: 3
  • Outbuilding: Outbuilding
  • Outbuilding Sq Ft: 576

Garage/Parking

  • Number Of Parking Spaces: 21
  • Parking: Lot, Paved

Utilities

  • Heating Fuel: Gas, Hot Water
  • Sewer: City
  • Water Utilities: City
  • Annual Electric: 19851
  • Annual Fuel Expense: 11218
  • Annual Insurance Expense: 9167
  • Annual Maintenance Expense: 10265
  • Annual Trash Expense: 2380
  • Annual Water Sewer Expense: 5496
  • Number Electric Meters: 21
  • Number Gas Meters: 1
  • Number Of W D Hookups: 2
  • Number Water Meters: 1

Condo/Co-op/Association

  • Common Amenities: Laundry Facilities
  • Pet Restrictions: Yes

Schools

  • School District: Elkhart Community Schools
  • Elementary School: Beardsley
  • Middle School: North Side
  • High School: Elkhart
  • Elementary School: Beardsley

Lot Info

  • Lot Description: Corner, 0-2.9999
  • Lot Dimensions: 166 x 114
  • Estimated Lot Sq Ft: 19079
  • Estimated Lot Size Acres: 0.438

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows

Rental Info

  • Owner Pays: Electric, Heating, Lawn Maintenance, Maintenance, Sewer, Trash Collection, Water
  • Tenant Pays: Cable

Multi Family

  • Gross Monthly Rent: 9860
  • Number Of Dryers: 2
  • Number Of Refrigerators: 21
  • Number Of Units: 21
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 9
  • Num Of2 Bedrooms: 4
  • Num Of Efficiencies: 8
  • Num Of Units Rented: 21

Tax Info

  • Annual Property Tax: 9106

MLS Schools

  • High School: Elkhart
  • Middle School: North Side
  • School District: Elkhart Community Schools

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

Property History

Date Event Price Change Sq Ft Price
06/11/2025 06/11/25 For Sale $900,000 -- $61 / Sq Ft
Source: Indiana Regional MLS

Source: Indiana Regional MLS

MLS Number: 202522419

Indiana Regional MLS