Tour
$1,484 Closing Credit¹
#202510321, Adam Pendl, Listing Office: eXp Realty, LLC
$300,000 List price
813 W 3rd St Mishawaka, IN 46544
$3,563
Closing credit¹
0.2 acres
Multi-Family
Property details
About 813 W 3rd St
Income-Producing 4-Plex – Nearly $4,000/Month in Projected Rent! Investors, take note! This cash-flowing 4-plex is the perfect opportunity to add a high-performing property to your portfolio. With a total projected rent of $3,950 per month across four units, plus additional income potential from the 2-car garage and unfinished basement with laundry hookups, this property is an income-generating powerhouse! *Unit Breakdown: Unit 1: 3-bed, 1-bath – Projected Rent: $1,000/month; Unit 2: 1-bed, 1-bath – Projected Rent: $850/month; Unit 3: 2-bed, 1-bath – Projected Rent: $1,250/month; Unit 4: 1-bed, 1-bath – Projected Rent: $850/month. Property Features: Two units fully remodeled, ready for premium rents; Two units in decent shape, could use some TLC for added value; Separate electric meters for easy tenant management; 2-car garage – rent it out for extra income; Unfinished basement with laundry hookup – another revenue opportunity. With strong rental demand and value-add potential, this multi-family property is a smart investment whether you're looking for passive income or a long-term hold. Don't miss out—schedule your showing today!
Highlights
Home typeQuadruplex
HeatingNatural Gas
StatusActive
Lot size0.17 Acres
Year built1922
MLS #202511079
Virtual tour
Summary
- MLS Number: 202511079
- Office Name: eXp Realty, LLC
- Office Phone: (574) 532-2522
- Listing Agent: Adam Pendl
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. ©2011-2025 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: 4/5/2025, 12:15:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$300,000
813 W 3rd St
$3,563
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 28, 2021 | Home Sold | $185,000 |
| Feb 19, 2015 | Home Sold | $40,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $164,000 | $3,849 |
| 2021 | $142,300 | $3,011 |
| 2020 | $127,300 | $2,889 |
| 2019 | $121,600 | $3,408 |
| 2018 | $114,800 | $3,635 |
| 2017 | $113,500 | $2,696 |
History based on county public records data.
Nearby schools
2
Lasalle Elementary School
Public District PK-6
0.6 mi
•1511 Milburn Blvd
3
Nuner Fine Arts Academy
Public District KG-5
0.9 mi
•2716 Pleasant St
3
Emmons Elementary School
Public District KG-6
0.9 mi
•1306 S Main St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $30,000. The most common annual income of people living in Mishawaka, IN is less than $<35k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
55%
<35k
40%
35k-100k
5%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
44%
Single, No Kids
17%
Single, with Kids
20%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
12%
12-17 yrs old
24%
18-34 yrs old
38%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
NHRA Drag Racing
Where do the neighbors shop?
Family Dollar
Burlington
Big Lots
Where do the neighbors go to eat?
White Castle
Church's Chicken
Golden Corral
What do the neighbors drive?
Chevrolet
Kia
Toyota
What do the neighbors listen to?
Rock
Urban Adult Contemporary
Adult Standards
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 813 W 3rd St in Mishawaka, IN and zip code 46544. This home, which was built in 1922, sits on a 0.17 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 3, 2025 and is currently priced at $300,000.
In March 2025, from all listings sold in Mishawaka, IN there were more than 11 sold above asking price, over 30 sold below and more than 15 were sold right at the asked price. The number of homes for sale in Mishawaka, IN increased by 12.5% between February and March 2025.
From Rocket Homes Real Estate and based on county public records data.