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507 Prospect Street Elkhart IN 46514-2618US2 Bed, 1.00 Bath (1 Full Bath), 202541262
507 Prospect Street ElkhartIN46514-2618
339900.0000 1/1/1900 12:00:00 AM
McKinnies Realty, LLC Elkhart
1 /

Courtesy of: Jennea Schirr, McKinnies Realty, LLC Elkhart, devotedagent@gmail.com

507 Prospect Street
Elkhart IN 46514-2618 US

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1 /

Courtesy of: Jennea Schirr, McKinnies Realty, LLC Elkhart, devotedagent@gmail.com

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507 Prospect Street
Elkhart IN 46514-2618 US

$339,900

Active Listing ID 202541262
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2 bed
bath icon
1.00 Bath (1 Full)
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Lot: 0.23 Acres
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Single Family Residence

$339,900

Active Listing ID 202541262
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507 Prospect Street This unique property features two separate residences on a single tax key: a charming single-story bungalow and a spacious two-story duplex. Each duplex unit offers two bedrooms and one full bath, providing flexible living arrangements for an owner-occupant or an investor seeking strong rental returns. The main level of the duplex is occupied by a long-term tenant of over 20 years, offering immediate, stable rental income. Both the upper duplex unit and the bungalow have been recently updated, meaning minimal work is needed before moving in or renting out. Updates include new windows, flooring, HVAC systems, cabinetry, and refreshed baths. Live in the bungalow while the duplex helps pay your mortgage, or rent out all three units for excellent cash flow potential. A detached garage adds even more convenience and value. This rare and profitable property is in very good condition and truly a must-see—don’t miss your chance to own such a versatile investment!

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Property Features

  • Facts
  • Lot Size: 0.23 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 1
  • Exterior Finish: None
  • Heating Fuels: Forced Air, Natural Gas

School Information

  • School
  • Beardsley(Elementary)
  • North Side(MiddleSchool)
  • Elkhart(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 339900
  • unparsedaddress: 507 Prospect Street
  • postalcity: Elkhart
  • stateorprovince: IN
  • country: US
  • postalcode: 46514-2618
  • bathroomsfull: 1
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.23
  • lotsizeunits: Acres
  • lotsizearea: 0.23
  • livingarea: 784
  • livingareaunits: Square Feet
  • latitude: 41.689942
  • longitude: -85.984095
  • listagentfullname: Jennea Schirr
  • listagentemail: devotedagent@gmail.com
  • listagentkey: 3yd-ECBORIN-18456
  • listagentmlsid: 18456
  • listagentpreferredphone: 5742159291
  • listagentofficephone: 5742713440
  • listofficekey: 3yd-ECBORIN-10219
  • listagentstatelicense: RB14043735
  • listofficemlsid: 10219
  • disclaimer: 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.
  • sourcesystemid: ECBORIN
  • yearbuilt: 1880
  • listingcontractdate: 2025-10-11
  • listagenturl: http://McKinniesrealty.com
  • countyorparish: Elkhart County
  • parcelnumber: 20-06-05-157-011.000-012
  • elementaryschool: Beardsley
  • highschool: Elkhart
  • elementaryschooldistrict: Elkhart Community Schools
  • middleorjuniorschooldistrict: Elkhart Community Schools
  • highschooldistrict: Elkhart Community Schools
  • appliances: Range, Range - Electric
  • heating: Forced Air, Natural Gas
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • parkingfeatures: Garage, Garage - Detached
  • waterfrontyn: False
  • interiorfeatures: Cable Available, Countertops-laminate, Eat-in Kitchen, Refrigerator, Water Heater Gas
  • exteriorfeatures: None
  • architecturalstyle: Other
  • rooms: Basement, Bathroom 1, Bedroom 1, Bedroom 2
  • utilities: Cable Available, Water Available
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -85.98409, 41.68994
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"McKinnies Realty, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"devotedagent@gmail.com", "ListBrokerageCity":"Mishawaka", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"McKinnies Realty, LLC", "ListBrokeragePhone":"5742713440", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"IN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1632 E Day Road", "ListBrokerageWebsiteUrl":"http://McKinniesrealty.com", "ListOfficeAddress1":"54560 CR 17", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Elkhart", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"46516", "ListOfficeStateOrProvince":"IN", "ListPriceCurrencyType":"USD", "ListingTitle":"Site-Built Home - Elkhart, IN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/507-Prospect-St_Elkhart_IN_46514_M33856-68055?f=listhub&s=ECBORIN&m=202541262&c=rexren", "MLSModificationTimestamp":"2025-10-11T15:26:24Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Site-Built Home", "RawPropertyType":"Residential", "RoomCount":4, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1072.94, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/11/2025 5:02:12 PM GMT
Source Updated Date: 12/5/2025 6:42:08 PM GMT

Courtesy of: Jennea Schirr, McKinnies Realty, LLC Elkhart, devotedagent@gmail.com

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.

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