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Residential > House
Active
09/24/2025
List Price
$339,900$164/ft²

509 Prospect St
Elkhart, IN 46514

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  • Malobo BannerMalobo Banner Square
    509 Prospect St, Elkhart, IN 46514 is a 4 bed, 2 bath, 2,068 ft² house built in 1880 on a 0.230 acre lot. This house is currently for sale for $339,900. The latest TopHap estimate of the house's value is $182,548.

    Property Valuations

    Latest estimates for 509 Prospect St based on TopHap automated valuation model (AVM).

    MLS Description

    The listing agent's description. Original Listing

    This unique property offers two properties on one tax-key ... a spacious two-story duplex plus a charming single bungalow home. Each unit features 2 bedrooms and 1 full bath, providing versatile living options for investors or owner-occupants. The main level of the duplex is already occupied by a long-term tenant of over 20 years, giving you immediate rental income! With properties in very good condition and minimal updates needed, you can move right in or start renting right away. Offering new windows, flooring, HVAC, cabinets and baths. Live in the bungalow while the duplex pays your mortgage, or rent all three units for a strong cash flow opportunity. A detached garage adds even more value and convenience. This is truly a must-see to appreciate property ... don’t miss your chance to own such a rare and profitable find! Since the upper level and single unit have been rehabbed current owner has not had renters ... So we do not have expenses at this time and the ROI is figured at the rental prices shown for each unit and is a guesstimate.

    Listing Agents

    The listing agent for 509 Prospect St is Jennea Schirr.

    Current Ownership

    Information about the current owner(s).

    Property History

    509 Prospect St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

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    School Information

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    Neighborhood

    This property is located in Elkhart.

    Market Trends

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    Copyright © 2025 Elkhart County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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