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515 Vistula Street

Elkhart, IN 46516
  • $80,000
  • STATUS: Active
  • ON SITE: 59 Days
  • MLS #: 202445247
UPDATED: 18 min ago
$80,000
  • 5
    BEDS
  • 0.15
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,249
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1890
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing provided by Michelle Bordeau of SUNRISE Realty: Cell: 574-339-8199.

Description

Discover the potential in this duplex, perfect for adding to your investment portfolio. The downstairs unit features 2 bedrooms, while the upstairs unit offers a cozy 1-bedroom layout. Property is now vacant, but has been an income producing rental for years. This property presents a fantastic opportunity for the right investor to bring their vision to life. With some renovation and TLC, this duplex could become a valuable asset.

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© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Melton | ERA First Advantage Realty. Data last updated: 2025-01-21T23:28:49.113.

www.movingwithteammelton.com/homes/158209375
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515 Vistula Street Elkhart, IN 46516

  • Price: $80,000
  • Status: Active
  • On Site: 59 Days
  • Updated: 18 min ago
  • MLS #: 202445247
5
Beds
2
Baths
0
½ Baths
0.15
Acres
2,249
SQFT
$36
$/SQFT
1890
Built
Neighborhood:
None
County:
Elkhart
Area:
Elkhart
Elementary School:
Beardsley
Middle School:
North Side
High School:
Elkhart
School District:
Elkhart Community Schools
Property Description
Discover the potential in this duplex, perfect for adding to your investment portfolio. The downstairs unit features 2 bedrooms, while the upstairs unit offers a cozy 1-bedroom layout. Property is now vacant, but has been an income producing rental for years. This property presents a fantastic opportunity for the right investor to bring their vision to life. With some renovation and TLC, this duplex could become a valuable asset.
Exterior Features

Exterior Wood Lot Description Level Lot Dimensions 52x126 Outbuilding None Parking Spaces 2 Pool YN No Style One and Half Story Unit1 Garage Type Detached Waterfront YN No

Interior Features

Above Grade Bedrooms 3 Above Grade Finished Sqft 2249 Above Grade Unfin Sq Ft 0 Amenities Attic StorageWater Heater Gas Basement Foundation Partial Basement Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 2 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 450 Cooling None Dishwashers 0 Disposals 0 Dryers 0 Flooring UnfinishedWoodVinyl Heating Fuel GasForced Air Microwaves 0 Ranges Ovens 2 Refrigerators 2 Rooms Below Grade 0 Total Baths 2 Total Below Grade Sqft 450 Total Sq Ft 2699 Unit1 Basement YN Yes Unit2 Basement YN No Unit2 Bathrooms 1 Unit2 Bedrooms 1 Wash Dry Hookups 0 Washers 0

Property Features

Annual Electric Expense 1200 Annual Fuel Expense 1200 Annual Gross Rent 20400 Annual Insurance Expense 1200 Annual Maint Expense 1000 Annual Misc 2040 Annual Net Income 11156.18 Annual Property Tax 1403.82 Annual Trash Expense 0 Annual Water Sewer Exp 1200 Assoc Dues Frequency Not Applicable Auction Y / N No Efficiencies 0 For Sale Or Rent For Sale Four Bedrooms 0 Gross Monthly Income 1700 Gross Monthly Rent 1700 Lease Term None New Construction No One Bedrooms 1 Owner Pays Building InsuranceElectricFuelLawn MaintenanceMaintenanceSnow RemovalTaxWater Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Other Reo YN No Sale Includes BuildingLand Sewer CityPublic Tenant Pays None Three Bedrooms 0 Township Concord Two Bedrooms 1 Unit1- Currently Rntd Y / N No Unit1- Garage /#of Cars 2 Unit1- Garage Y / N Yes Unit2- Currently Rntd Y / N No Unit2- Garage Y / N No Units Rented 0 Water Utility City Year Taxes Payable 2024

Listing provided by Michelle Bordeau of SUNRISE Realty: Cell: 574-339-8199.

© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Melton | ERA First Advantage Realty.


© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Melton | ERA First Advantage Realty. Data last updated: 2025-01-21T23:28:49.113.

 
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Team Melton | ERA First Advantage Realty
8711 W Highway 66
Newburgh IN, 47630
Listing provided by Michelle Bordeau of SUNRISE Realty: Cell: 574-339-8199.