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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.

Agent Description

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

2 stories
2 full, 2 half

Amenities

Basement

Monthly Cost Estimate

$2,139/mo

20% down · 6.5% · 30 years

Principal$289
Interest$1,733
Insurance$117

Estimates only. Actual payments may vary.

Location

209 S 2nd Street

Elkhart, IN 46516

None

Features & Amenities

Exterior Features

BasementNear Walking TrailCountertops-stoneCrown MoldingDetector-smokeWater Heater GasWiring-dataWasher Hook-upNone

Property Details

Flooring

CarpetWood

Construction

Brick

Parking

Off StreetPaved or Surfaced

Heating

Forced AirNatural GasOther (Heating)

Cooling

Central Air

Appliances

DryerRange

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.

NF

Nick Foy

Agent at RE/MAX Oak Crest - Elkhart

(574) 538-8801

Listed by RE/MAX Oak Crest - Elkhart · View on Broker Site

MLS# 202623318· Source: listhub· Updated 1 days ago

Copyright © 2026 Elkhart County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

209 S 2nd Street, Elkhart, IN 46516

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