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$285,000
2 Beds 4 Baths 202630691 MLS 3,842 SqFt. Gregory Hire
Investment Opportunity – Mixed-Use B-2 Zoned Property in Goshen Opportunity awaits with this mixed-use commercial property offering multiple income possibilities. Zoned B-2, the building features approximately three separate spaces consisting of a main-level office and two upper-level one-bedroom apartments, each with its own private entrance. The main floor office includes a welcoming reception/work area, a fireplace, two half baths, and central air conditioning. The upper level consists of two one-bedroom, one-bath apartments, each with a full bath featuring a shower. The apartments are currently without kitchen appliances, allowing a new owner to customize as desired. The building is heated by a hot water boiler system located in the basement. The office space is air conditioned, while the upstairs apartments do not currently have air conditioning; window units could be installed if desired. The property has not been leased or occupied for the past several years, providing a blank slate for renovation, updates, and future occupancy. Whether you're looking for office space with residential units above or an investment property with value-add potential, this B-2 zoned building offers flexibility and opportunity in a convenient Goshen location.

120 N 5th Street, Goshen

Listing courtesy of Gregory Hire from Hallmark Excellence Realty. Cell: 574-238-7157

$425,000
4 Beds 5 Baths 202629722 MLS 4,112 SqFt. Jami Stamm
Imagine owning a charming home just steps from the heart of one of Northern Indiana's most beloved tourist destinations. Located on historic Main Street in the quaint town of Middlebury, this property offers the ideal setting for a short-term rental, boutique Airbnb, or weekend getaway. The home sits on the Pumpkinvine Nature Trail and is just minutes away from Shipshewana's famous flea market and auctions, the Essenhaus Inn & Restaurant, Amish countryside tours, and endless opportunities for shopping, dining, and outdoor recreation. Whether visitors are coming for a girls' weekend, cycling adventure, Amish country experience, or Notre Dame football weekend, this location places them in the center of it all. Picture cozy gathering spaces, 4 thoughtfully designed bedrooms, and charming outdoor areas where guests can unwind after a day of exploring. With Middlebury's year-round tourism and limited boutique lodging options, this property presents an exciting opportunity to generate income while owning a piece of one of Indiana's most picturesque small towns. Whether you're looking to expand your investment portfolio or create a destination property with lasting appeal, this property offers location, charm, and exceptional Airbnb potential in one of the Midwest's hidden gems. All with a bonus apartment that could be rented!

435 S Main Street, Middlebury

Listing courtesy of Jami Stamm from Coldwell Banker Real Estate Group. Cell: 574-596-4868

$79,900
3 Beds 2 Baths 202624630 MLS 2,301 SqFt. Stephen DiJulius
Riverfront duplex with immediate income and serious upside. Set along the St. Joseph River, this property offers a rare blend of cash flow, flexibility, and location-driven appeal. One 1-bedroom, 1-bathroom unit is currently occupied, giving the next owner income from day one, while the vacant 2-bedroom, 1-bathroom unit creates an opportunity to place a new tenant, owner-occupy, or make strategic updates to maximize rent potential. The property could use some work, but the setting is the star of the show. Riverfront multifamily properties do not come along often, especially with one unit already producing income and another ready for value-add improvements. Whether you are expanding your rental portfolio or looking for a live-in investment, this is a compelling opportunity with a location that does the heavy lifting.

311 Hillside Court, Elkhart

Listing courtesy of Stephen DiJulius from St. Joseph Realty Group. Cell: 574-250-0893

$399,900
2 Beds 4 Baths 202623318 MLS 6,189 SqFt. Nick Foy
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.

209 S 2nd Street, Elkhart

Listing courtesy of Nick Foy from RE/MAX Oak Crest - Elkhart. Cell: 574-538-8801

$185,000
5 Beds 2 Baths 202621378 MLS 2,572 SqFt. James Bausch
**Seller is offering $15,000 in escrow updates*** Here is your own turnkey investment opportunity with long-term tenants already in place! This duplex has enjoyed consistent occupancy with no vacancies in the past four years, providing immediate cash flow from day one. Both units are separately metered for gas and electric, with tenants being responsible for all utilities. Recent improvements include a newer high-efficiency boiler heating system. The property also features a barn that generates additional rental income of $150 per month. Situated on a spacious corner lot in Goshen, this income-producing property offers stable returns, low turnover, and room to grow your investment portfolio.

122 Crescent Street, Goshen

Listing courtesy of James Bausch from RE/MAX Results. Cell: 574-742-4531

$309,000
5 Beds 2 Baths 202620768 MLS 4,300 SqFt. Adam Pendl
Solid investment opportunity with this brick duplex featuring strong rental income and classic character throughout! The lower unit offers approximately 3 bedrooms, hardwood floors, a spacious entryway, and boiler heat. Rented for $1,200/month with owner-paid utilities. The upper unit features hardwood floors, updated windows, newer bathroom, new kitchen (With quartz countertops, tile backsplash, stainless steel appliances, & pantry space), in-unit washer and dryer, and a functional 2-bedroom layout with separate living room. Rented for $1,600/month with plans to increase to $1,800/month. Property includes a large covered front porch, carport, basement with additional washer/dryer hookups, and potential to finish the attic for added value. Boiler replaced in 2021 and roof updated around 2023. Attic has extensive insulation. Average utility costs run approximately $300-$500/month. Great opportunity for owner-occupants to house hack or investors looking to add a solid property to their portfolio!

323 S 6th Street, Goshen

Listing courtesy of Adam Pendl from eXp Realty, LLC. Cell: 574-532-2522

IDX information is provided by the Indiana Regional MLS and is exclusively for the 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.

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