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701 W Beardsley Avenue
Elkhart IN 46514 US

$499,000

Pending 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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Apartment

$499,000

Pending Listing ID 202613609
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701 W Beardsley Avenue *Multiple Offer Deadline - 4/23/26 10pm, Response 4/24/26*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: Apartment
  • Features
  • Full Bathrooms: 12
  • Exterior Finish: Basement, Off Street Parking, Outbuilding
  • Floor Covering: Vinyl, Carpet
  • Heating Fuels: Forced Air, Natural Gas

School Information

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

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Apartment
  • 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: 5745339581
  • listofficekey: 3yd-ECBORIN-3660
  • 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
  • yearbuilt: 1900
  • 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
  • flooring: Vinyl, Carpet
  • numberofunitstotal: 12
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 12
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • architecturalstyle: Other
  • rooms: Bathroom 10, Bedroom 2, Bedroom 15, Bathroom 8, Bathroom 5, Bathroom 9, Bathroom 11, Bathroom 6, Bedroom 1, Bedroom 10, Bedroom 7, Bedroom 4, Bedroom 14, Bedroom 13, Bedroom 3, Bedroom 6, Bathroom 3, Bedroom 9, Bedroom 12, Bathroom 2, Bedroom 5, Bedroom 16, Bathroom 1, Bedroom 8, Bathroom 7, Bathroom 4, Bedroom 11, Bathroom 12, Basement
  • 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, "CustomSourceId":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":"1178 Fremont Ct. ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"3660", "ListOfficeCity":"Elkhart", "ListOfficeCountry":"US", "ListOfficeEmail":"todd@toddstock.net", "ListOfficePostalCode":"46516", "ListOfficeStateOrProvince":"IN", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Elkhart, IN", "ListingURL":null, "MLSModificationTimestamp":"2026-05-04 18:09:12", "Neighborhoods":[{"Description":null, "Name":"Elkhart County"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":2940, "TaxDescription":"N ELKHART LOT 57 *and* N ELK 44X82 1/2 FT LOT 56", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/6/2026 8:05:40 PM GMT
Source Updated Date: 7/26/2026 12:50:39 AM 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.