x
Showing 1 of 0
X
Save

509 Prospect Street
Elkhart IN 46514-2618 US

$339,900

Active Listing ID 202538768
bed icon
4 bed
bath icon
2.00 Bath (2 Full)
lot icon
Lot: 0.23 Acres
home icon
Duplex

$339,900

Active Listing ID 202538768
Save

509 Prospect Street This unique property offers two properties on one tax-key ... a spacious two-story duplex plus a charming single bungalow home. Each unit features 2 bedrooms and 1 full bath, providing versatile living options for investors or owner-occupants. The main level of the duplex is already occupied by a long-term tenant of over 20 years, giving you immediate rental income! With properties in very good condition and minimal updates needed, you can move right in or start renting right away. Offering new windows, flooring, HVAC, cabinets and baths. Live in the bungalow while the duplex pays your mortgage, or rent all three units for a strong cash flow opportunity. A detached garage adds even more value and convenience. This is truly a must-see to appreciate property ... don’t miss your chance to own such a rare and profitable find! Since the upper level and single unit have been rehabbed current owner has not had renters ... So we do not have expenses at this time and the ROI is figured at the rental prices shown for each unit and is a guesstimate.

Collapse all

Property Features

  • Facts
  • Lot Size: 0.23 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Duplex
  • Features
  • Full Bathrooms: 2
  • Exterior Finish: Basement, Fireplace, None
  • Floor Covering: Carpet, Laminate, Tile, Vinyl, Wood
  • Heating Fuels: Forced Air, Natural Gas

School Information

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

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Duplex
  • listprice: 339900
  • unparsedaddress: 509 Prospect Street
  • postalcity: Elkhart
  • stateorprovince: IN
  • country: US
  • postalcode: 46514-2618
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.23
  • lotsizeunits: Acres
  • lotsizearea: 0.23
  • livingarea: 2068
  • livingareaunits: Square Feet
  • latitude: 41.690004
  • longitude: -85.983858
  • 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
  • listingcontractdate: 2025-09-24
  • 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
  • flooring: Carpet, Laminate, Tile, Vinyl, Wood
  • heating: Forced Air, Natural Gas
  • numberofunitstotal: 2
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: Garage, Garage - Detached
  • waterfrontyn: False
  • exteriorfeatures: Basement, Fireplace, None
  • architecturalstyle: Other
  • rooms: Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
  • entrylevel: Upper, Main
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -85.98386, 41.690002
  • 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":"Duplex - Elkhart, IN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/509-Prospect-St_Elkhart_IN_46514_M45153-13812?f=listhub&s=ECBORIN&m=202538768&c=rexren", "MLSModificationTimestamp":"2025-10-11T15:25:52Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Duplex", "RawPropertyType":"Multi Family", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/11/2025 5:02:12 PM GMT
Source Updated Date: 12/5/2025 12:40:34 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.