Listing courtesy of Cressy & Everett- Elkhart · Listing agent: Denver Anthony · Cell: 574-215-2101
ActiveTriplex
517 W Lexington Avenue
Elkhart, IN 46516
- Basement
- Bedrooms
- 4
- Bathrooms
- 3
- Living area
- 2,371 sq ft
- Lot
- 0.25 ac
- Year built
- 1925
- Type
- Triplex
- Listed
- January 30, 2026
- MLS #
- 202603080
About this home
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.
Monthly payment estimate
$1,621/mo
- Principal & interest
- $1,232
- Property taxes
- $323
- Homeowners insurance
- $66
- Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
- Taxes: the seller's 2025 bill as reported to the MLS. Yours may differ once your own deductions apply.
- Insurance: estimated at 0.35% of the price per year.
- An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
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Property details
Interior
- Levels
- Two
- Stories
- 2
- Total area
- 3,628 sq ft
- Finished area above grade
- 2,371 sq ft
- Unfinished area below grade
- 1,257 sq ft
- Below grade total
- 1,257 sq ft
- Bedrooms above grade
- 4
- Basement
- Full, Unfinished
- Flooring
- Wood
- Heating
- Natural Gas, Forced Air
- Amenities
- Fenced Yard, Fireplace, Porch Covered
Exterior & parking
- Construction
- Aluminum Siding, Vinyl Siding, Masonry
- Private pool
- No
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Lot features
- Corner Lot
- Lot size (acres)
- 0.25 ac
- Lot dimensions
- 66x165
- County
- Elkhart County
- Township
- Concord
- Platted
- Yes
- Planned unit development
- No
- Directions
- Riverside to Lexington
Schools
- Elementary school
- Mary Feeser
- Middle school
- North Side
- High school
- Elkhart
- School district
- Elkhart Community Schools
Taxes & terms
- Annual taxes
- $3,875
- Tax year
- 2025
- Possession
- DOC
- Parcel number
- 20-06-05-376-006.000-012
Included in the sale
- Included in sale
- Building,Land,Lease
Utilities
- Water
- City
- Sewer
- Public Sewer
Income & commercial
- Units
- 3
- Annual gross rent
- $29,820
- Net operating income
- $23,345
- Lease term
- 12 Months
- Parking spaces
- 3
- Pets allowed
- No
- Tenant pays
- Electricity, Fuel
- Water & sewer (annual)
- $2,600
Location
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