Elkhart, IN 46516 209 S 2nd Street

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Presented By: Nick Foy with RE/MAX Oak Crest - Elkhart; Cell: 574-538-8801
  • MLS# 202623318
  • 06/14/2026
  • Get pre-approved
  • Request Tour
  • Request Info
  • Beds • 2
  • Full/Half Baths • 2 / 2
  • SQFT • 4,252

Home Details

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.
Presented By: Nick Foy with RE/MAX Oak Crest - Elkhart; Cell: 574-538-8801

Interior Features for 209 S 2nd Street

Bedrooms

Num. of 1 Bedrooms2
Num. of 2 Bedrooms0
Num. of 3 Bedrooms0
Num. of 4 Bedrooms0
Unit 1-# of Bedrooms1
Unit 2-# of Bedrooms1
Above Grade Bedrooms2
Beds2
Below Grade Bedrooms

Bathrooms

Unit 1-# of Bathrooms1
Unit 2-# of Bathrooms1
Unit 3-# of Bathrooms2
Below Grade Baths

Other Interior Features

Unit 1 SqFt937
Unit 2 SqFt1000
Total Finished SqFt4252
Basement Y/NYes
Above Grade Finished SqFt4252
Above Grade Unfin. SqFt0
Below Grade Finished SqFt0
Below Grade Unfin. SqFt1937
Num. of Efficiencies0
BasementPartial Basement, Unfinished
Basement MaterialStone
Dishwasher(s)
Disposal(s)
Dryer(s)2
FlooringPart Carpet, Wood
Microwaves
Ranges/Ovens3
Refrigerators3
Total Number of Units3
W/D Hookups2
Washers2

Other Rooms

Total Rooms Below Grade

General for 209 S 2nd Street

Age111
Agent First NameNick
Agent Last NameFoy
Annual Electric Expense480
Annual Fuel Expense2200
Annual Insurance Expense3886
Annual Trash Expense
Architectural StyleTraditional
AreaElkhart County
Assoc. Dues FrequencyNot Applicable
Associated Document Count2
Auction Y/NNo
Bathrooms4
CityElkhart
ClassINVESTMENT
CoolingCentral Air, Window
DOM87
Elementary SchoolBeardsley
FIPS Code18039
FeaturesBasement, Near Walking Trail, Countertops-Stone, Crown Molding, Detector-Smoke, Water Heater Gas, Wiring-Data, Washer Hook-Up
Full Baths2
Half Baths2
HeatingGas, Forced Air, Radiator
High SchoolElkhart
Legal DescriptionBeardsleys 1st N 1/2 Lot 68 5 1/2X105ft Se Cor Lot 69 (Tif 75)
LocationCity/Town/Suburb
Middle SchoolNorth Side
Net Income14434
New ConstructionNo
OwnerPaysHeating, Sewer, Snow Removal, Water
ParkingLot, Off Street, Paved
Pet Restrictions Y/NNo
REONo
Rent Income24900
School DistrictElkhart Community Schools
SewerCity
StatusActive
StatusActive
Status Detail0
Stories Count2
StyleTwo Story
SubdivisionNone
Tax Year2025
Tenant PaysElectric
Total Sq Ft6189
TownshipConcord
TypeOther
Virtual TourClick here
Year Built1915

Exterior for 209 S 2nd Street

Approx. Lot Size Acres0.17
DrivewayAsphalt
ExteriorBrick
Lot DescriptionLevel
Lot Dimensions68x105
Lot Size Area7405
Number of Parking Spaces7
OutbuildingNone
PoolNo
ROOF MATERIALRubber
Road AccessCity
Road SurfaceAsphalt
Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School North Side Middle School
Elementary School Beardsley Elementary School
High School Elkhart High School

Ryan Orr

Broker / Auctioneer
Price $399,900
MLS#202623318
List Date 06/14/2026
Property Type Multi-Family
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Request Tour
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