Listing courtesy of Cressy & Everett - South Bend · Listing agent: Douglas Birkey · Cell: 574-292-5096
542 W 4Th Street
$205,000
$121.45 / sq ft
Mishawaka, IN 46544-1854
- Basement
- Bedrooms
- 5
- Bathrooms
- 3
- Living area
- 1,688 sq ft
- Lot
- 0.12 ac
- Year built
- 1902
- Type
- Triplex
- Listed
- September 1, 2026
- MLS #
- 202635934
About this home
Well-maintained multi-unit property offering three income-generating residences: one spacious 3-bed/1-bath unit, one 1-bed/1-bath unit, and a studio with 1 bath. All 3 units offer excellent potential for cash flow once leased. Property highlights include a welcoming covered front porch, a partial basement for storage, and excellent upkeep throughout. Conveniently located close to shopping, restaurants, and more. A solid addition to any portfolio.
Property details
Interior
- Levels
- Two
- Stories
- 2
- Total area
- 1,938 sq ft
- Finished area above grade
- 1,688 sq ft
- Unfinished area below grade
- 250 sq ft
- Below grade total
- 250 sq ft
- Bedrooms above grade
- 5
- Basement
- Michigan Basement
- Flooring
- Carpet, Vinyl
- Heating
- Natural Gas, Forced Air
- Cooling
- Central Air
- Amenities
- Basement, Countertops-Laminate, Porch Covered, Water Heater Gas, Washer Hook-Up
Exterior & parking
- Style
- Traditional
- Construction
- Aluminum Siding
- Roof
- Shingle
- Foundation
- Block
- Parking
- Gravel
- Private pool
- No
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Lot features
- Level, 0-2.9999
- Lot size (acres)
- 0.12 ac
- Lot dimensions
- 38X132
- Location type
- City/Town/Suburb
- County
- St. Joseph County
- Township
- Penn
- Lots
- 1
- Platted
- Yes
- Planned unit development
- No
- Directions
- Lincolnway West, right into Smith Street, left onto West 4th Street
Schools
- Elementary school
- Lasalle
- Middle school
- John Young
- High school
- Mishawaka
- School district
- School City of Mishawaka
Taxes & terms
- Annual taxes
- $3,355
- Tax year
- 2026
- Assessed value
- $145,200
- Tax exemptions
- No Exemptions
- Listing terms
- Cash, Conventional
- Possession
- Day of Closing
- Parcel number
- 71-09-16-186-013.000-023
Included in the sale
- Included in sale
- Building
Utilities
- Water
- City
- Sewer
- Public Sewer
- Electric provider
- Mishawaka Utility
- Gas provider
- NIPSCO
- Water provider
- Mishawaka Utility
Income & commercial
- Units
- 3
- Annual gross rent
- $33,876
- Net operating income
- $21,512
- Lease term
- Month To Month
- Parking spaces
- 3
- Pets allowed
- No
- Insurance (annual)
- $3,900
- Electric (annual)
- $3,500
- Fuel (annual)
- $1,300
- Maintenance (annual)
- $309
Location
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