813 W 3rd Street Mishawaka, IN 46544

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Fourplex • 103Y Old

$300,000

813 W 3rd Street

7 Bedrooms
4 Bathrooms
3109 sqft
0.17 Acres
Property Description

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!

Directions

Smith st, E on 3rd

Map to 813 W 3rd Street, Mishawaka, IN 46544

Property
MLS # 202511079
Date Listed 2025-04-03
Status Active
Property Type Investment
Property SubType Fourplex
Finished Square Feet 3109 sqft
Total Square Feet 5431 sqft
New Construction No
Style Two Story
Type Fourplex
Basement Yes
Bedrooms 7
Bathrooms 4
Year Taxes Payable 2025
Year Built 1922
Virtual Tour propertypanorama.com »
Days on Market 1
Room Dimensions
Living Room 1 × 1 Level
4th Bedroom 4 × 4 Level
5th Bedroom 4 × 4 Level
Bathroom Locations
Full Baths 7 Main, 1 Upper
External Features
Construction Fourplex
Lot Size 7,500 sq ft
Acreage 0.17 Acres
Lot Dimensions 50X150
Fence None
Location
Area St. Joseph County
County St. Joseph
Subdivision None
Township Penn
City Mishawaka
State IN
Zip 46544
Schools
School District School City of Mishawaka
Elementary Lasalle
Middle School John Young
High School Mishawaka
Financial
Assoc. Dues $0.00 Not Applicable

MLS# 202511079
Listing Provided Courtesy of Adam Pendl
eXp Realty, LLC
Cell: 574-532-2522

Listing updated April 4, 2025 at 12:01 pm
Last checked 2 minutes ago

IDX information provided by the Indiana Regional MLS. 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.

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