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About This Home
This 2-bedroom, 4-bathroom residential multi family at 209 S 2nd Street in Elkhart, IN is listed for $399,900 ($94 per sqft). the home offers 4,252 sqft of living space on a 0.17 acres lot.
Exceptional mixed-use investment opportunity in the heart of downtown Elkhart. This well-positioned building features a spacious main-level commercial storefront with excellent visibility and flexibility for retail, office, service, or creative business use, along with two upper-level residential apartments that provide additional income potential.
Each second-floor apartment offers 1 bedroom and 1 bathroom and showcases the character tenants love, including soaring 10-foot ceilings, beautiful hardwood floors, granite counters, large windows, and abundant natural light. The residential units blend historic charm with functional living spaces in a walkable downtown setting.
The main-level commercial space features an open secretary room and 5 office rooms with carpeted flooring, making it ready for a variety of business uses. The office includes two bathrooms, a kitchen, and storage room as well. Located just steps from downtown restaurants, shops, entertainment, and local employers, this property benefits from strong visibility and convenient access for both customers and tenants.
Whether you're an investor seeking multiple income streams, an owner-occupant looking to operate a business while generating rental income, or a developer looking to add value, this versatile property offers significant upside in one of Elkhart's growing downtown corridors.
Key Features
- 0.17 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$2,139/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
209 S 2nd Street
Elkhart, IN 46516
None
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 2-bedroom, 4-bathroom residential multi family at 209 S 2nd Street is listed at $399,900 ($94/sqft). The estimated monthly payment is $1,733 based on 20% down at 6.5% interest.
Key features include: 0.17 acre lot, 2 stories. Exterior Features: Basement, Near Walking Trail, Countertops-stone.
This property is listed by Nick Foy and can be reached at 5745388801 or foyinvestments@yahoo.com.


