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$365,000
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Property Description
This is an exceptional opportunity for investors looking to expand their portfolio or enter the real estate market. This fully occupied four-plex offers a solid cash flow and is an ideal asset for both seasoned and new investors alike. Each of the four units features two spacious bedrooms, providing comfortable living spaces that appeal to tenants. Residents can also enjoy their own private back deck. New roof installed in 2022. The interiors of the units have also been recently renovated. Don't miss out on this lucrative investment opportunity-secure this money-making property before it's off the market! Interior pictures to come! All units are occupied, please allow at least 24 hours notice. If you require a showing on Saturday, Sunday or Monday you must make the request by Friday.
Full Property Details
Full Property Details for 100 S Michigan St
General
- Sold For: $365,000
- Taxes: $4,396 (2024)
- Status: Closed
- Type: Multi-Family
- Source: Indiana_Regional_MLS
- MLS ID: 202520277
- Added to Site: 232 day(s) ago
Interior
- Flooring: Mixed
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 2
Exterior
- Exterior Features: Brick, Wood
- Color: Brick, Wood
Location
- Subdivision: 131x79
- Neighborhood: Elkhart County
- Driving Directions: Corner of Strong Ave and Michigan Street, Northside Blvd to Strong Street.
School Information
- Elementary School: Elkhart Community Schools
- Middle School: West Side
- High School: Elkhart
Heating & Cooling
- Cooling Type: Window
- Heating Type: Gas, Forced Air
- Heating Fuel: Gas, Forced Air
- Water Heaters: 985
Utilities
- Sewer: City
- # Gas Meters: 8
Structural Information
- Architectural Style: Two Story
- Exterior Const.: Brick, Wood
- Basement: Yes
- Basement Entrance: 46514
- Roof: Asphalt
- Stories/Levels: 2
- Finished Above Grnd: 5,970 Sq. Ft.
- Year Built: 1970
Unit Information
- Units in Building: 4
- 2 Bedroom Units: 2
Unit 1
- Square Feet: 1000
- Bedrooms: 2
Unit 2
- Bedrooms: 2
Unit 3
- Unit Description: Greater South Bend-Mishawaka AOR
- Square Feet: 5970
Unit 6
- Square Feet: 4
- Bedrooms: 4
Unit 8
- Total Bathrooms: 2
- Bedrooms: 1000
Lot Features
- Lot Size (Acres): 0.24
- Lot Size (Sq. Ft.): 10,280
- Lot Description: Corner
Financial Considerations
- Price Per Sq. Ft.: $61.14
- Assoc Fee Freq.: Not Applicable
- Tax Amount: $4,396
- Tax Year: 2024
- Terms: This is an exceptional opportunity for investors looking to expand their portfolio or enter the real estate market. This fully occupied four-plex offers a solid cash flow and is an ideal asset for both seasoned and new investors alike. Each of the four units features two spacious bedrooms, providing comfortable living spaces that appeal to tenants. Residents can also enjoy their own private back deck. New roof installed in 2022. The interiors of the units have also been recently renovated. Don
Listed by Re/Max 100, David Perry
Berkshire Hathaway HomeServices Elkhart
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Schools
Schools serving 100 S Michigan St
School District:Elkhart Community Schools
| Name | Grades | Distance |
|---|---|---|
Daly Elementary School 1735 Strong Avenue, Elkhart, IN 46514 | K-6 | 0.9 mi |
West Side Middle School 101 South Nappanee Street, Elkhart, IN 46514 | 7-8 | 1.1 mi |
Elkhart High School 2608 California Road, Elkhart, IN 46514 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 100 S Michigan St
Date
Details
Price
Change
Source
12/30/2025
Sold
$365,000
-2.67%
MLS
9/11/2025
Price Reduced
$375,000
-5.78%
MLS
5/30/2025
Listed
$398,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
100 S Michigan Street, Elkhart, IN 46514 (MLS# 202520277) is a Multi-Family property that was sold at $365,000 on December 30, 2025. Want to learn more about 100 S Michigan Street? Do you have questions about finding other Multi-Family real estate for sale in Elkhart? You can browse all Elkhart real estate or contact a Coldwell Banker agent to request more information.

