$224,900
8 beds 8 baths 4,434 sq. ft.
41.6813 -85.9772

501 W Marion Street Elkhart, IN 46516

$224,900
Est. Monthly $1,144 recalculate
8 beds 8 baths 4,434 sf
 

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922 N. Detroit Street
Warsaw, IN 46580
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922 N. Detroit Street Warsaw, IN 46580
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501 W Marion Street
Elkhart, IN 46516

Explore This Property

Multi-Family (2-4 Units) - This 8 plex is a cash cow! $54,860/yr in gross rents! This building has had great rental history and is all leased up with long term tenants. "Street level" management available. May consider a package with 416 S 6th (5 Unit), 614 Marion (6 Unit), and 721 Marion (5 Unit)
MLS # 201714335
Courtesy Of Pheasant Ridge Realty, LLC

Property Features

  • Amenities: Basement
  • Appliances: Oven
  • Architecture Style: Other
  • Exterior Type: Brick
  • Floor Covering: Carpet, Vinyl
  • Heating System: Forced Air
  • Lot Size: 0.06 Acres
  • Roof Type: Unknown
  • Rooms: Basement, Bedroom, Full Bath

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 4.75% APR
    $1,144Your estimated monthly payment
    $44,98020% Down Payment
    $224,900 $202,410
    purchase price loan amount
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    BECK ELEMENTARY SCHOOL
    Grades K-6 | Public School

    ELKHART, IN 46516
    818 MCDONALD ST
    574-295-4830
    1.1
    miles

    Total Students 500
    Student Teacher Ratio 14:1
    View School Details
    Middle School
    NORTH SIDE MIDDLE SCHOOL
    Grades 7-8 | Public School

    ELKHART, IN 46514
    300 LAWRENCE ST
    574-262-5570
    1.4
    miles

    Total Students 650
    Student Teacher Ratio 15:1

    School Rating

    2 stars View School Details
    High School
    ELKHART CENTRAL HIGH SCHOOL
    Grades 9-12 | Public School

    ELKHART, IN 46516
    1 BLAZER BLVD
    574-295-4700
    0.9
    miles

    Total Students 1751
    Student Teacher Ratio 17:1

    School Rating

    1 star View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    St Vincent Depaul School 0.7 mi Catholic PRESCHOOL-7
    Roosevelt Elementary School 0.9 mi Public K-6
    Montessori School Of Elkhart 1.0 mi Private PRESCHOOL-6
    Hawthorne Elementary School 1.0 mi Public K-6
    Pierre Moran Middle School 1.1 mi Public 7-8
    Daly Elementary School 1.3 mi Public K-6
    St Thomas The Apostle School 1.4 mi Catholic K-8
    Beardsley Elementary School 1.4 mi Public K-6
    West Side Middle School 1.4 mi Public 7-8
    Kinder Care 1.7 mi Private PRESCHOOL-PRESCHOOL
    Elkhart Area Career Center 2.0 mi Public 11-12
    Monger Elementary School 2.0 mi Public K-6
    Crossing Educational Center 2.0 mi Private 9-12
    Concord West Side Elementary School 2.0 mi Public K-4
    Riverview Elementary School 2.1 mi Public K-6
    Elkhart Memorial High School 2.1 mi Public 9-12
    Woodland Elementary School 2.8 mi Public K-6

    Local Area Information for Elkhart, IN 46516

    Median Age: 34.9
    Married: 35.1%
    Number of Households: 12,240
    Households with Children: 4,117
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Copyright © 2017 Elkhart County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
      The Multi-Family (2-4 Units) located at 501 W Marion Street, Elkhart, IN 46516 is currently for sale. 501 W Marion Street, Elkhart is listed for $224,900. This property has 8 bedrooms, 8 full bathrooms, and approximately 4,434 square feet. If the property located at 501 W Marion Street, Elkhart, IN isn't what you're looking for, search Indiana real estate to see other houses for sale in Elkhart.