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701 W Beardsley Avenue
Elkhart IN 46514 US

$499,000

Active Listing ID 202613609
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16 bed
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12.00 Bath (12 Full)
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Lot: 0.32 Acres
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Other

$499,000

Active Listing ID 202613609
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701 W Beardsley Avenue Investor opportunity! This 12-unit multi-family property offers strong in-place income with significant upside potential. With a pro forma gross annual income exceeding $80, 000, this property is well-positioned for growth. The building includes 9 leased units, 1 owner-occupied unit, and 2 vacant units in need of improvements for occupancy—providing immediate value-add potential. Recent electrical improvements allow for future separation of utilities, offering a path to reduced expenses and increased NOI. Additional features include a pole barn, a durable rubber roof, and a boiler approximately 8–10 years old. Ideal for a buy-and-improve investor focused on building equity and maximizing returns.

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Property Features

  • Facts
  • Lot Size: 0.32 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 12
  • Exterior Finish: Basement, Off Street Parking, Outbuilding
  • Floor Covering: Carpet, Vinyl
  • Heating Fuels: Forced Air, Natural Gas

School Information

  • School
  • Mary Daly(Elementary)
  • West Side(MiddleSchool)
  • Elkhart(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 499000
  • unparsedaddress: 701 W Beardsley Avenue
  • postalcity: Elkhart
  • stateorprovince: IN
  • country: US
  • postalcode: 46514
  • bathroomsfull: 12
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.32
  • lotsizeunits: Acres
  • lotsizearea: 0.32
  • livingarea: 10290
  • livingareaunits: Square Feet
  • latitude: 41.692658
  • longitude: -85.985642
  • listagentfullname: Steve Miller
  • listagentemail: steve@startwithstellar.com
  • listagentkey: 3yd-ECBORIN-14106
  • listagentmlsid: 14106
  • listagentpreferredphone: 5742381436
  • listagentofficephone: 2604901590
  • listofficekey: 3yd-ECBORIN-3660
  • listagentstatelicense: RB14020487
  • listofficemlsid: 3660
  • disclaimer: Copyright © 2026 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: 2026-04-13
  • listagenturl: http://www.results-indiana.com
  • countyorparish: Elkhart County
  • parcelnumber: 20-06-06-279-004.000-012
  • elementaryschool: Mary Daly
  • highschool: Elkhart
  • elementaryschooldistrict: Elkhart Community Schools
  • middleorjuniorschooldistrict: Elkhart Community Schools
  • highschooldistrict: Elkhart Community Schools
  • appliances: Range
  • constructionmaterials: Brick
  • flooring: Carpet, Vinyl
  • heating: Forced Air, Natural Gas
  • numberofunitstotal: 12
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • exteriorfeatures: Basement, Off Street Parking, Outbuilding
  • architecturalstyle: Other
  • rooms: Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • otherstructures: Outbuilding
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -85.98564, 41.692657
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"RE/MAX Results", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"steve@startwithstellar.com", "ListBrokerageCity":"Goshen", "ListBrokerageCountry":"US", "ListBrokerageEmail":"larryjphillips1@gmail.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/1733/145913/20110207135021677.png", "ListBrokerageName":"RE/MAX Results", "ListBrokeragePhone":"(260) 490-1590", "ListBrokeragePostalCode":"46526", "ListBrokerageStateOrProvince":"IN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2134 Elkhart Road", "ListBrokerageWebsiteUrl":"http://www.results-indiana.com", "ListOfficeAddress1":"2134 Elkhart Rd.", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Goshen", "ListOfficeCountry":"US", "ListOfficeEmail":"larryjphillips1@gmail.com", "ListOfficePostalCode":"46526", "ListOfficeStateOrProvince":"IN", "ListPriceCurrencyType":"USD", "ListingTitle":"Apartment Building - Elkhart, IN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/701-W-Beardsley-Ave_Elkhart_IN_46514_M46091-63977?f=listhub&s=ECBORIN&m=202613609&c=rexren", "MLSModificationTimestamp":"2026-04-17T15:09:56Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Apartment Building", "RawPropertyType":"Multi Family", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/17/2026 5:01:16 PM GMT
Source Updated Date: 4/20/2026 7:14:27 PM GMT

Courtesy of: Steve Miller, RE/MAX Results, steve@startwithstellar.com

Copyright © 2026 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.