684-670 Strong Ave, Elkhart, IN 46514
FOR SALE1 ACRE

684-670 Strong Ave
Elkhart, IN 46514

Riverside
  • 32 Beds
  • 32 Baths
  • 22,020 sqft (on 1 acre)
  • 32 Beds
  • 32 Baths
  • 22,020 sqft (on 1 acre)

$2,890,000

Est. Mortgage $17,399/mo*

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

INVESTMENT OPPORTUNITY! 8 multi family buildings/32 apartments with great cash flow. Average rent is $900/month/apartment. 9% cap rate. These would make a perfect 1031 exchange investment. Located in the popular Strong Avenue area of Elkhart. Close to the Riverwalk, Aquatic Center, restaurants, shops and all that downtown Elkhart has to offer.

Home Highlights

Parking
Open Parking
Outdoor
No Info
A/C
Heating only
HOA
No HOA Fee
Price/Sqft
No Info
Listed
106 days ago

Home Details for 684-670 Strong Ave

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Michigan Basement
Beds & Baths
Number of Bedrooms: 32Number of Bathrooms: 32Number of Bathrooms (full): 32
Dimensions and Layout
Living Area: 22020 Square Feet
Heating & Cooling
Heating: Hot WaterNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Hot Water
Windows, Doors, Floors & Walls
Flooring: Carpet, Laminate
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Carpet, Laminate

Exterior Features

Exterior Home Features
Roof: AsphaltOther Structures: None
Parking & Garage
No GarageHas Open ParkingParking Spaces: 32Parking: Gravel,Off Street,On Street,Off Street Parking
Frontage
Not on Waterfront
Water & Sewer
Sewer: City
Finished Area
Finished Area (above surface): 22020 Square Feet

Days on Market

Days on Market: 106

Property Information

Year Built
Year Built: 1926
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex
Building
Construction Materials: Aluminum SidingNot a New ConstructionHas Additional ParcelsDoes Not Include Home Warranty
Property Information
Included in Sale: Building, LeaseParcel Number: 200606440004.000012Additional Parcels Description: 2006-05-303-008.000-012

Price & Status

Price
List Price: $2,890,000

Location

Direction & Address
City: ElkhartCommunity: None
School Information
Elementary School: Mary DalyElementary School District: Elkhart Community SchoolsJr High / Middle School: West SideJr High / Middle School District: Elkhart Community SchoolsHigh School: ElkhartHigh School District: Elkhart Community Schools

Agent Information

Listing Agent
Listing ID: 202401364

Building

Building Area
Building Area: 31695 Square Feet

Lot Information

Lot Area: 1 Acres

Offer

Listing Terms: Cash, Conventional

Compensation

Buyer Agency Commission: 2Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Expense
Tenant Pays: Electricity

Rental

Lease Term: 12 MonthsOwner Pays: Insurance, Fuel, Grounds Care, Sewer, Snow Removal, Taxes, Trash Collection, Water

Miscellaneous

BasementMls Number: 202401364Attribution Contact: Office: 574-293-1010
Last check for updates: about 21 hours ago
Listing courtesy of Heidi Gaskill, (574) 293-1010
Berkshire Hathaway HomeServices Elkhart

Price History for 684-670 Strong Ave

DatePriceEventSource
01/12/2024$2,890,000Listed For SaleIRMLS #202401364

Similar Homes You May Like

New Listings near 684-670 Strong Ave

Comparable Sales for 684-670 Strong Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.45
Multi-Family Home
$160,000
10/27/23
4
4
2,200
0.29
Multi-Family Home
$28,000
10/06/23
4
2
2,358
0.23
Multi-Family Home
$153,000
04/23/24
2
2
1,424
0.48
Multi-Family Home
$182,500
05/24/23
4
4
1,936
0.25
Multi-Family Home
$50,000
02/09/24
3
2
1,184
0.40
Multi-Family Home
$82,150
12/04/23
4
2
1,640
0.43
Multi-Family Home
$126,000
03/14/24
3
2
2,110
0.35
Multi-Family Home
$66,000
11/03/23
3
2
1,899
0.50
Multi-Family Home
$181,555
03/22/24
4
3
1,940
0.38
Multi-Family Home
$31,500
11/15/23
5
2
1,890

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Riverside

  • Trulia User
    "Is really quiet. Residential neighborhood. Park In the neighborhood. A few Elementary, & Middle School's In the area. an one high school that comes up from off the top of my head & that is Elkhart Memorial High School."
    0
    Flag
  • Justin G.
    "Very great quite place to live nice area. Good for kids to have a place to go out and play on summer days never have to worry about them out around here. A lot of nice homes close to us clean place to live not a nasty area. School are good and well keep"
    0
    Flag
  • Justin G.
    "It’s a safe place. Good place for families to live. Even thought it’s a better place to live it’s still affordable "
    4
    Flag

LGBTQ Local Legal Protections

Heidi Gaskill, Berkshire Hathaway HomeServices Elkhart
IDX information is provided exclusively for 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 not guaranteed.
Offer of compensation is made only to participants of the Indiana Regional Multiple Listing Service, LLC (IRMLS).
684-670 Strong Ave, Elkhart, IN 46514 is a 32 bedroom, 32 bathroom, 22,020 sqft multi-family built in 1926. 684-670 Strong Ave is located in Riverside, Elkhart. This property is currently available for sale and was listed by IRMLS on Jan 12, 2024. The MLS # for this home is MLS# 202401364.