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Jenny McNeil
President's Club 2023
REALTOR®, GRI
Broker Associate
2008 Realtor of the Year
(574) 532-4999
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701 W Beardsley Avenue, Elkhart, IN 46514 Photo
701 W Beardsley Avenue, Elkhart, IN 46514 Photo
701 W Beardsley Avenue, Elkhart, IN 46514 Photo
701 W Beardsley Avenue, Elkhart, IN 46514 Photo
701 W Beardsley Avenue, Elkhart, IN 46514 Photo
701 W Beardsley Avenue, Elkhart, IN 46514 Photo
701 W Beardsley Avenue, Elkhart, IN 46514 Photo
701 W Beardsley Avenue, Elkhart, IN 46514 Photo
701 W Beardsley Avenue, Elkhart, IN 46514 Photo
701 W Beardsley Avenue, Elkhart, IN 46514 Photo

5 Total Photos [Click to View All]

$499,000
Status: Active
701 W Beardsley Avenue Elkhart, IN 46514
  • Bedrooms
  • Total Baths
  • Square Feet
  • 0.32
    Acres
  • 1950
    Year Built
  • HOA

Property Description

Investor opportunity! This 12-unit multi-family property offers strong in-place income with significant upside potential. Currently generating $82,200 annually with approximately $55,000 AGI, the property includes 10 occupied units and 2 units ready for renovation and lease-up, including one vacant unit awaiting finishing touches. Recent electrical improvements allow for future separation of utilities, creating an opportunity to substantially reduce expenses and increase NOI. Additional features include a pole barn for added income potential, a durable rubber roof, and a boiler approximately 8"10 years old. Ideal for a 'buy and improve investor looking to build equity and boost returns.

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Listed By / Shown By

Listed By

Broker Name: RE/MAX Results
Broker Phone: 574-533-9581
Agent Name: Steve Miller

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Shown By

Agent Name: Jenny McNeil
Agent Phone: (574) 532-4999
Broker Title: Cressy & Everett Real Estate

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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. Data is deemed reliable but is not guaranteed accurate by the MLS

Property Features

MLS Number: 202613041
Subdivision:
County: Elkhart
Bedrooms: 0
Total Square Feet: 0
New Constuction: No
Construction: Brick
Waterfront: No
Property Type: Commercial - Business
Basement: Yes
Cooling: None
Heating: Electric, Gas, Forced Air, Multiple Heating Systems
Lot Size: 0.33 Acres
Roof Type: Shingle
Year Built: 1950

Feature Descriptions

Basement/ Foundation: Full Basement, Unfinished
Days on CressyEverett.com: 4
Exterior: Brick
Location: City
Lot Dimensions: 176 x 83
Sale Inclusions: Building
Sewer: City
Water: City

Location

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 04/17/2026. The listing information on this page last changed on 04/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 04/17/2026 12:59:47 AM EST) or MichRic (Michigan Regional Information Center) (last updated Thu 04/16/2026 11:17:53 PM EST) or NIRA MLS (last updated Thu 04/16/2026 11:04:47 PM EST) or IRMLS (last updated Thu 04/16/2026 11:12:15 PM EST). Real estate listings held by brokerage firms other than Cressy & Everett Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved. 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. Data is deemed reliable but is not guaranteed accurate by the MLS
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Agency License Information: Cressy & Everett Real Estate is licensed in the states of Indiana and Michigan.



Agent License Information: Jenny McNeil is licensed to sell real estate in the state of Indiana.

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