Mishawaka, IN 46544 813 W 3rd Street

Pending
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Presented By: Adam Pendl with eXp Realty, LLC; Office: 888-611-3912
  • MLS# 202511079
  • 04/03/2025
  • Get pre-approved
  • Request Tour
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  • Beds • 7
  • Baths • 4
  • SQFT • 3,109

Home Details

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!
Presented By: Adam Pendl with eXp Realty, LLC; Office: 888-611-3912

Interior Features for 813 W 3rd Street

Bedrooms

Num. of 1 Bedrooms2
Num. of 2 Bedrooms1
Num. of 3 Bedrooms1
Num. of 4 Bedrooms0
Unit 1-# of Bedrooms2
Unit 2-# of Bedrooms1
Unit 3-# of Bedrooms3
Unit 4-# of Bedrooms1
Above Grade Bedrooms7
Beds7
Below Grade Bedrooms

Bathrooms

Unit 1-# of Bathrooms1
Unit 2-# of Bathrooms1
Unit 3-# of Bathrooms1
Below Grade Baths

Other Interior Features

Total Finished SqFt3109
Basement Y/NYes
Above Grade Finished SqFt3109
Above Grade Unfin. SqFt0
Below Grade Finished SqFt0
Below Grade Unfin. SqFt2322
Num. of Efficiencies0
BasementUnfinished
Dishwasher(s)0
Disposal(s)
Dryer(s)
FlooringCarpet, Wood, Tile, Vinyl
Microwaves
Ranges/Ovens4
Refrigerators4
Total Number of Units4
W/D Hookups1
Washers

Other Rooms

Total Rooms Below Grade1

General for 813 W 3rd Street

Age103
Agent First NameAdam
Agent Last NamePendl
Annual Electric Expense
Annual Fuel Expense
Annual Insurance Expense
Annual Trash Expense
AreaSt. Joseph County
Assoc. Dues FrequencyNot Applicable
Associated Document Count2
Auction Y/NNo
Bathrooms4
CityMishawaka
ClassINVESTMENT
CoolingNone
DOM35
Elementary SchoolLasalle
FIPS Code18141
FeaturesBasement, Balcony
Full Baths4
Half Baths
HeatingGas
High SchoolMishawaka
Legal DescriptionLOT 6 VAN DEN BOSCH ADD
Lot Number6
Middle SchoolJohn Young
Net Income6251.82
New ConstructionNo
OwnerPaysFuel, Maintenance, Sewer, Tax, Water
Pet Restrictions Y/NNo
REONo
Rent Income10800
School DistrictSchool City of Mishawaka
SewerCity
StatusPending
StatusPending
Status Detail0
Stories2
StyleTwo Story
SubdivisionNone
Tax Year2025
Tenant PaysElectric
Total Sq Ft5431
TownshipPenn
TypeFourplex
Virtual TourClick here
Year Built1922

Exterior for 813 W 3rd Street

Approx. Lot Size Acres0.17
Electric Meters4
ExteriorVinyl
Gas Meters4
Lot DescriptionLevel
Lot Dimensions50X150
Lot Size Area7500
Number of Parking Spaces4
OutbuildingNone
PoolNo
Water Meters1
Waterfront Y/NNo

Additional Details

Price History

Schools

Elementary School Lasalle Elementary School
Middle School John Young Middle School
High School Mishawaka High School

Debra Hull

Broker
Price $289,900
MLS#202511079
List Date 04/03/2025
Property Type Pending
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