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Map

Directions

North on N Michigan to Cedar Right (East) on Cedar to Prospect Left (North) on Prospect to property on left hand

Description

*** Back on Market … AT NO FAULT OF SELLER!!! *** This unique property offers two properties on one tax-key … a spacious two-story duplex plus a charming single bungalow home. Each unit features 2 bedrooms and 1 full bath, for a total of three 2 bed 1 bath units, providing versatile living options for investors or owner-occupants. The main level of the duplex is already occupied by a long-term tenant of over 20 years, giving you immediate rental income! With properties in very good condition and minimal updates needed, you can move right in or start renting right away. Offering new windows, flooring, HVAC, cabinets and baths. Live in the bungalow while the duplex pays your mortgage, or rent all three units for a strong cash flow opportunity. A detached garage adds even more value and convenience. The bungalow is 2 bed 1 bath as well. This is truly a must-see to appreciate property … don’t miss your chance to own such a rare and profitable find! Since the upper level and single unit have been rehabbed current owner has not had renters … So we do not have expenses at this time and the ROI is figured at the rental prices shown for each unit and is a guesstimate. MLS#202541262 for bungalow. sqft is the two properties added together.

Details

  • Property Details

  • MLS #:
    202538768
  • Price
    $299,900
  • Bedrooms
    6
  • Baths Total
    3
  • Full Baths
    3
  • Half Baths
    0
  • Approx. Lot Size Acres
    0.23
  • Approx. Lot Size SqFt
    9,845
  • Class
    Investment
  • DOM
    135
  • Lot Dimensions
    66X149
  • New Construction
    No
  • Parcel ID#
    20-06-05-157-011.000-012
  • Property Sub-Type
    Duplex
  • State
    IN
  • Style
    Two Story
  • Subdivision
    None
  • Total Finished SqFt
    2,852
  • Total SqFt
    3,742
  • Year Built
    1880
  • Zip
    46514-2618
  • Interior Features

  • Below Grade Finished SqFt
    0
  • Other Features

  • Pool Y/N
    No
  • Waterfront Y/N
    No

Last updated: February 17 2026, 6:43 PM

Listing courtesy of: Jennea Schirr, McKinnies Realty, LLC Elkhart

IDX information provided by the Indiana Regional MLS. 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. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.

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