607 W Marion St Elkhart, IN 46516
West Central NeighborhoodEstimated payment $898/month
Total Views
22,498
4
Beds
4
Baths
2,028
Sq Ft
$69
Price per Sq Ft
Highlights
- Covered Patio or Porch
- Level Lot
- Vinyl Flooring
- Baseboard Heating
About This Home
Great opportunity for investors looking for a multi-unit to add to their portfolio. This 4-unit property features two tenant-occupied units generating income, plus two vacant units—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 offers solid income with room for growth. This is a great chance to get into a multifamily asset with built-in equity potential. Agents please read agent remarks.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,662
Year Built
- Built in 1900
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 43x165
- Level Lot
Home Design
- Quadruplex
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Vinyl Flooring
- Partially Finished Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Outdoor Features
- Covered Patio or Porch
Schools
- Mary Daly Elementary School
- West Side Middle School
- Elkhart High School
Utilities
- Baseboard Heating
- Electric Water Heater
Listing and Financial Details
- The owner pays for building insurance, lawn maintenance, maintenance, tax, water
- Assessor Parcel Number 20-06-08-126-020.000-012
Community Details
Overview
- 4 Units
Building Details
- 4 Separate Electric Meters
- 1 Separate Water Meter
- Insurance Expense $1,000
- Maintenance Expense $2,932
- Water Sewer Expense $5,108
Map
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Home Values in the Area
Average Home Value in this Area
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 | $1,663 | $86,300 | $8,400 | $77,900 |
| 2022 | $1,663 | $74,800 | $8,400 | $66,400 |
| 2021 | $1,355 | $66,100 | $8,400 | $57,700 |
| 2020 | $1,332 | $61,000 | $8,400 | $52,600 |
| 2019 | $1,219 | $56,000 | $8,400 | $47,600 |
| 2018 | $1,128 | $51,400 | $8,400 | $43,000 |
| 2017 | $1,053 | $47,800 | $8,400 | $39,400 |
| 2016 | $1,009 | $45,900 | $8,400 | $37,500 |
| 2014 | $996 | $46,700 | $8,400 | $38,300 |
| 2013 | $1,196 | $59,800 | $13,100 | $46,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/30/2025 08/30/25 | Price Changed | $140,500 | -4.7% | $69 / Sq Ft |
| 04/29/2025 04/29/25 | For Sale | $147,500 | +137.9% | $73 / Sq Ft |
| 04/18/2019 04/18/19 | Sold | $62,000 | -3.1% | $31 / Sq Ft |
| 02/04/2019 02/04/19 | Pending | -- | -- | -- |
| 01/11/2019 01/11/19 | For Sale | $64,000 | -- | $32 / Sq Ft |
Source: Indiana Regional MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | -- | Fidelity National Ttl Co Llc | |
| Quit Claim Deed | -- | Fidelity National Ttl Co Llc | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | Madison Title Agency Llc | |
| Quit Claim Deed | -- | Madison Title Agency Llc | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | Madison Title Agency Llc | |
| Sheriffs Deed | $19,125 | None Available | |
| Interfamily Deed Transfer | -- | Metropolitan Title | |
| Warranty Deed | -- | Metropolitan Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $46,500 | New Conventional | |
| Previous Owner | $46,500 | New Conventional | |
| Previous Owner | $85,500 | Unknown | |
| Previous Owner | $38,000 | Unknown |
Source: Public Records
Similar Homes in Elkhart, IN
Source: Indiana Regional MLS
MLS Number: 202515113
APN: 20-06-08-126-020.000-012
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