Elkhart, IN 46516 517 W Lexington Avenue

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Presented By: Denver Anthony with Cressy & Everett- Elkhart; Cell: 574-215-2101
  • MLS# 202603080
  • 01/30/2026
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  • Beds • 4
  • Baths • 3
  • SQFT • 2,371

Home Details

Great income producer! Triplex in Elkhart on a corner lot featuring 3 large units, 3 attached garages, a brick woodburning fireplace on the main level a common laundry area on the main level and new furnaces. Close to downtown, shopping and restaurants.
Presented By: Denver Anthony with Cressy & Everett- Elkhart; Cell: 574-215-2101

Interior Features for 517 W Lexington Avenue

Bedrooms

Num. of 1 Bedrooms2
Num. of 2 Bedrooms1
Num. of 3 Bedrooms0
Num. of 4 Bedrooms
Above Grade Bedrooms4
Beds4
Below Grade Bedrooms

Bathrooms

Below Grade Baths

Other Interior Features

Total Finished SqFt2371
Basement Y/NYes
Above Grade Finished SqFt2371
Above Grade Unfin. SqFt0
Below Grade Finished SqFt0
Below Grade Unfin. SqFt1257
Num. of Efficiencies0
BasementFull Basement, Unfinished
Dishwasher(s)0
Disposal(s)
Dryer(s)1
FlooringWood
Microwaves
Ranges/Ovens3
Refrigerators3
Total Number of Units3
W/D Hookups1
Washers1

Other Rooms

Total Rooms Below Grade

General for 517 W Lexington Avenue

Age101
Agent First NameDenver
Agent Last NameAnthony
Annual Electric Expense
Annual Fuel Expense
Annual Insurance Expense
Annual Trash Expense
AreaElkhart County
Assoc. Dues FrequencyNot Applicable
Associated Document Count2
Auction Y/NNo
Bathrooms3
CityElkhart
ClassINVESTMENT
CoolingNone
DOM46
Elementary SchoolMary Feeser
FIPS Code18039
FeaturesFenced Yard, Fireplace, Porch Covered
Full Baths3
Half Baths
HeatingGas, Forced Air
High SchoolElkhart
Legal DescriptionSecond South & Western Ex 16 1/2X120ft Nw Cor Lot 157
Middle SchoolNorth Side
Net Income23345.32
New ConstructionNo
OwnerPaysSewer, Water
Pet Restrictions Y/NNo
REONo
Rent Income29820
School DistrictElkhart Community Schools
SewerCity
StatusActive
StatusActive
Status Detail0
Stories Count2
StyleTwo Story
SubdivisionNone
Tax Year2025
Tenant PaysElectric, Fuel
Total Sq Ft3628
TownshipConcord
TypeTriplex
Virtual TourClick here
Year Built1925

Exterior for 517 W Lexington Avenue

Approx. Lot Size Acres0.25
ExteriorAluminum, Vinyl, Masonry
Lot DescriptionCorner
Lot Dimensions66x165
Lot Size Area10890
Number of Parking Spaces3
OutbuildingNone
PoolNo
Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School North Side Middle School
Elementary School Mary Feeser Elementary School
High School Elkhart High School

Ryan Orr

Associate
Price $225,000
MLS#202603080
List Date 01/30/2026
Property Type Multi-Family
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