813 W 3rd Street Active Save Request In-Person Tour Request Virtual Tour
Mishawaka,IN 46544-1774
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,109 sqft
Price per Sqft $96
MLS Listing ID 202511079
Style Two Story
Bedrooms 7
Full Baths 4
Year Built 1922
Tax Year 2025
Lot Size 7,405 Sqft
Property Sub-Type Fourplex
Property Description
Income-Producing 4-Plex – Nearly $4,000/Month in Projected Rent! Investors, take note! This cash-flowing 4-plex is the perfect opportunity to add a high-performing property to your portfolio. With a total projected rent of $3,950 per month across four units, plus additional income potential from the 2-car garage and unfinished basement with laundry hookups, this property is an income-generating powerhouse! *Unit Breakdown: Unit 1: 3-bed, 1-bath – Projected Rent: $1,000/month; Unit 2: 1-bed, 1-bath – Projected Rent: $850/month; Unit 3: 2-bed, 1-bath – Projected Rent: $1,250/month; Unit 4: 1-bed, 1-bath – Projected Rent: $850/month. Property Features: Two units fully remodeled, ready for premium rents; Two units in decent shape, could use some TLC for added value; Separate electric meters for easy tenant management; 2-car garage – rent it out for extra income; Unfinished basement with laundry hookup – another revenue opportunity. With strong rental demand and value-add potential, this multi-family property is a smart investment whether you're looking for passive income or a long-term hold. Don't miss out—schedule your showing today!
Location
State IN
County St. Joseph County
Area St. Joseph County
Rooms
Family Room 0 x 0
Dining Room 0 x 900
Kitchen , 0
Interior
Flooring Carpet,Wood,Tile,Vinyl
Fireplaces Number 5
Laundry , 4
Exterior
Garage Spaces 1.0
Amenities Available Basement,Balcony
Building
Lot Description Level
Story 2
Structure Type Vinyl
New Construction No
Schools
Elementary Schools Lasalle
Middle Schools John Young
High Schools Mishawaka
School District School City Of Mishawaka
Others
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202511079