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1/5 $140,000
748 Monroe Street Elkhart, IN 46516
- 2 Beds
- 1 Baths
- 1,460 sq. Ft
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Property Description for 748 Monroe Street Elkhart, IN 46516
Don’t miss this incredible opportunity to add 5 buildings with 11 units to your portfolio, generating gross rents of approximately $7,000/month. Priced at $700,000, this package fits the 1% rule, making it an attractive investment. Some units have been freshly updated, adding further value to this deal. Addresses included: 420 Middlebury St., Elkhart 426 Middlebury St., Elkhart 500 Middlebury St., Elkhart 748 Monroe St., Elkhart 911 & 913 Princeton St., Elkhart (one building) Please Note: Due to a language barrier with tenants, showings will only be conducted after accepted offers. Please make your offer contingent on walkthroughs. Perfect for investors looking to expand their portfolio with a solid cash flow!
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Address:748 Monroe Street Elkhart IN 46516
Status:Active
on site: 81 days
Price:$140,000
Bedrooms:2 Beds
Bathrooms:1 Full Baths
Sq. Feet:1,460
Year Built:1892
Lot Size:0.24
County: Elkhart County
Township: Concord
School System : Elkhart Community
MLS #:202436628
Property Type:Other
Lot Dimensions:83X127
Directions:From Middlebury St., N on Monroe St., home on right.
Total Sq. Ft. :1,460
Basement:Yes
| Room | Size | Level |
| 5th Bedroom | 1 x 1 | Info Not Available |
Tax Year:23/24
Mandatory HOA Fee:$
School System:Elkhart Community
High School:Elkhart
Middle School:Pierre Moran
Elementary School:Mary Beck
Total Sq. Ft.:1,460
Listing provided courtesy of Stephen DiJulius with St. Joseph Realty Group
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
Elkhart Market Report
152
Avg. DOM
$157.15
Avg. $ / Sq.Ft.
$ 249,900
Med. List Price
The house prices in Elkhart are not dropping at the moment. There has been a increase in price of $23,122.58. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.
The housing market and house prices in Elkhart are going Up. The average house price is $250,000.00 and the average price per square feet is $157.74 per square feet. At the moment, the amount of homes listed is exactly 840 houses, with 243 with active status, 73 with pending status and 524 sold in Elkhart .
The most popular place to buy a home in Elkhart is 2001 - Elkhart - Cleveland. 2001 - Elkhart - Cleveland is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Elkhart .
The average amount of property taxes you would have to pay for a home in Elkhart is $2,458.18. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.
Properties in Elkhart are staying listed for an average of 60 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.
The last home listed in Elkhart was 697 minutes ago.
At the moment we have 4 open houses that you can visit.
The cost of the most expensive home in Elkhart is $2,995,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.
The cost of the cheapest home in Elkhart is $1,400.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.
The date of the oldest built home in Elkhart in year 1870 and the newest built house is in year 2024.
The average size of properties in Elkhart is 2088.09 sq.ft. , the biggest one being 11953 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.
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