Listing courtesy of St. Joseph Realty Group · Listing agent: Stephen DiJulius · Cell: 574-250-0893
412 E 4th Street
$249,900
$267.56 / sq ft
Mishawaka, IN 46544Barbee
- Basement
- Bedrooms
- 2
- Bathrooms
- 1.5
- Living area
- 1,534 sq ft
- Lot
- 0.16 ac
- Year built
- 1920
- Type
- Other
- Listed
- May 27, 2026
- MLS #
- 202620119
About this home
Tucked into a convenient Mishawaka location, this unique property offers a rare chance to own three income-producing units on one lot. The front home features 2 bedrooms, 2 baths, while the duplex at the back includes a 1-bedroom unit and a 2-bedroom unit, plus a 2 car garage! All three units are currently rented, giving the next owner income right away without starting from scratch. Priced below the 1% rule, this property is a strong fit for investors looking to add steady cash flow, or for a future house hacker who wants flexibility down the road. With multiple units, an established rental setup, and a location that continues to draw tenant demand, this is a smart opportunity worth a closer look.
Property details
Interior
- Levels
- One
- Stories
- 1
- Total area
- 2,468 sq ft
- Finished area above grade
- 934 sq ft
- Finished area below grade
- 600 sq ft
- Unfinished area below grade
- 934 sq ft
- Below grade total
- 1,534 sq ft
- Bedrooms above grade
- 2
- Basement
- Full
- Flooring
- Carpet
- Heating
- Forced Air
- Cooling
- Central Air
- Amenities
- Ceiling Fan
Exterior & parking
- Construction
- Brick, Vinyl Siding
- Private pool
- No
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Subdivision
- Barbee
- Lot features
- Level, 0-2.9999
- Lot size (acres)
- 0.16 ac
- Lot dimensions
- 51X132
- County
- St. Joseph County
- Township
- Penn
- Platted
- Yes
- Planned unit development
- No
- Directions
- From Church St., E on 4th St., home on left.
Schools
- Elementary school
- Emmons
- Middle school
- John Young
- High school
- Mishawaka
- School district
- School City of Mishawaka
Taxes & terms
- Tax year
- 24
- Listing terms
- Cash, Conventional
- Possession
- DOC
- Parcel number
- 71-09-15-155-017.000-023
Included in the sale
- Included in sale
- Building,Land
Utilities
- Water
- City
- Sewer
- Public Sewer
Income & commercial
- Units
- 3
- Buildings
- 2
- Annual gross rent
- $30,120
- Net operating income
- $23,229
- Lease term
- 12 Months
- Pets allowed
- No
- Tenant pays
- Electricity, Heat
- Water & sewer (annual)
- $978
- Fuel (annual)
- $762
- Maintenance (annual)
- $995
Location
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