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!
Active
$300,000
813 W 3rd St, Mishawaka, IN 46544
7beds
3,109sqft
Est.:
Quadruplex
Built in 1922
-- sqft lot
$286,800 Zestimate®
$--/sqft
$-- HOA
What's special
- 23 days
- on Zillow |
- 1,271 |
- 90 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: April 04, 2025 at 08:47am
Listed by:
Adam Pendl Cell:574-532-2522,
eXp Realty, LLC
Source: IRMLS,MLS#: 202511079

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas
Cooling
- None
Features
- Flooring: Carpet, Wood, Tile, Vinyl
- Basement: Unfinished
Interior area
- Total structure area: 5,431
- Total interior livable area: 3,109 sqft
- Finished area above ground: 3,109
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Exterior features: Balcony
Lot
- Size: 7,405.2 Square Feet
- Dimensions: 50X150
- Features: Level
Details
- Additional structures: None
- Parcel number: 710916183003.000023
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Vinyl Siding
- Foundation: Basement
Condition
- New construction: No
- Year built: 1922
Utilities & green energy
- Sewer: City
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: Mishawaka
Financial & listing details
- Tax assessed value: $194,500
- Annual tax amount: $4,548
- Date on market: 4/3/2025
- Listing terms: Cash,Conventional,FHA,VA Loan,Other
- Inclusions: Building, Land, Lease
- Lease term: Month To Month
- Total actual rent: 10800
- Tenant pays: Electricity
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