3 months on rocket

684-670 Strong Ave, Elkhart, IN, 46514

$2,890,000

0 Baths
Multi
Schools Nearby

Location

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Property Highlights

Home TypeQuadruplex
Year Built1926
HeatingHot Water
CoolingNone
MLS #202401364
Lot Size1.00 Acres
StatusActive

About 684-670 Strong Ave

INVESTMENT OPPORTUNITY! 8 multi family buildings/32 apartments with great cash flow. Average rent is $900/month/apartment. 9% cap rate. These would make a perfect 1031 exchange investment. Located in the popular Strong Avenue area of Elkhart. Close to the Riverwalk, Aquatic Center, restaurants, shops and all that downtown Elkhart has to offer.

Property Details

Property Features

Property Information:

  • Year Built: 1926
  • Stories: 2

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Elkhart
  • Office Phone: (574) 293-1010
  • Listing Agent: Heidi Gaskill

Virtual/3D Tour

  • Virtual Tour: 684-670 Strong Ave

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Lot Features

Lot Information:

  • Lot Size: 1.00 Acres

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: None

School Info

Assigned Schools Information:

  • Elkhart Memorial High School, Public District Grades 9-12
  • West Side Middle School, Public District Grades 7-8
  • Mary Daly Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: N. Riverside to Strong

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,890,000
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Housing Market Comparison

See how this home compares to others in Elkhart, IN.

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Elkhart, IN

City

Med. List Price

$245K

Med. Price/SqFt

$130

Avg. Days On Market

45

# of Sold Homes

43

684-670 Strong Ave vs Elkhart

110 DAYS ON ROCKET

+65 Days

$2,890,000

+$2.6M More

KEY TAKEAWAY

This property is $2.6M more than the Median List Price in Elkhart, IN.

Based on homes listed in April 2024

MLS Details

MLS Information:

  • MLS Number: #202401364

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Elkhart
  • Office Phone: (574) 293-1010
  • Listing Agent: Heidi Gaskill

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). 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. ©2011-2024 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 6:25:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$14.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,731

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4580548
2
/10

  • Mary Daly Elementary School

  • 1735 Strong Ave

  • 0.28 miles

  • Public District Grades KG-6

Middle School

school-card-donut-4580549
4
/10

  • West Side Middle School

  • 101 S Nappanee St

  • 0.48 miles

  • Public District Grades 7-8

High School

school-card-donut-4580550
3
/10

  • Elkhart Memorial High School

  • 2608 California Rd

  • 1.26 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,516. The most common annual income of people living in Elkhart, IN is between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

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Rocket Homes›Indiana›Elkhart County›Elkhart›46514›684-670 Strong Ave

This home is located at 684-670 Strong Ave in Elkhart, IN and zip code 46514. This home was built in 1926. It has been listed on Rocket Homes since January 12, 2024 and is currently priced at $2,890,000.

Between March 2024 and April 2024, Elkhart, IN real estate market has seen increase in the number of listings by 112.9%. In April 2024 median list price was $245,000 and the average listing age was 45 days.

From Rocket Homes Real Estate and based on county public records data.

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