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916 Madison Street, Elkhart, IN 46516

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For Sale

$99,900

8 beds • 4 baths • 2,384 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $41.90
    Price per square foot

Explore this Property

Fantastic Income Opportunity! This duplex is in the process of a complete rehab, making it a rare find and ready for its new owner to maximize its full potential. Each side featuring four bedrooms and two baths total, each unit offers excellent versatility live in one and rent the other to help offset your mortgage, or rent both units for maximum return. While ROI can t yet be measured with renovations still underway and no current tenants, this is your chance to secure a unique investment opportunity. Once complete, the modern updates will add strong renter appeal, making this property a turnkey, income-producing asset. Don t miss out!
MLS# 202539215

Courtesy Of McKinnies Realty, LLC

(574) 271-3440

Property Features

  • Appliances
    Range
  • Architecture Style
    Other
  • Heating System
    Forced Air
  • Lot Size
    0.17 Acres

Map and Directions

Directions to 916 Madison Street, Elkhart, IN 46516

Home seller CENTURY 21 Circle

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Circle

(574) 293-2121
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 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. 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.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

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.

† Based on a 30-year fixed rate of 3.38% 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.