About This Home

This 2-bedroom, 4-bathroom residential multi family at 209 S 2nd Street in Elkhart, IN is listed for $369,900 ($87 per sqft). Built in 1915, the home offers 4,252 sqft of living space on a 0.17 acres lot.

Key Features

  • Built in 1915
  • 0.17 acre lot
  • 2 stories
  • 7 parking spaces
  • Fireplace

Property Details

2 stories
2 full, 2 half
7 spaces
1915

Amenities

FireplaceA/C
Listing 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.

Monthly Cost Estimate

$1,978/mo

20% down · 6.5% · 30 years

Principal$268
Interest$1,603
Insurance$108

Estimates only. Actual payments may vary.

Location

209 S 2nd Street

Elkhart, IN 46516

Property Details

Flooring

CarpetWood

Parking

Off Street

Cooling

Central Air

Questions & Answers

This 2-bedroom, 4-bathroom residential multi family at 209 S 2nd Street is listed at $369,900 ($87/sqft). The estimated monthly payment is $1,978 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1915, 0.17 acre lot, 2 stories, 7 parking spaces, Fireplace.

This property is listed by Nick Foy.

NF

Nick Foy

Agent at WBBC Corp dba RE/MAX Excellence

Listed by WBBC Corp dba RE/MAX Excellence · Broker phone: (574) 262-0770 · Broker website

MLS# 202623318· Source: Elkhart County Board of Realtors· 135 days on PropertySimple

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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