311 Hillside Ct, Elkhart, IN, 46516
About This Home
Riverfront duplex with immediate income and serious upside. Set along the St. Joseph River, this property offers a rare blend of cash flow, flexibility, and location-driven appeal. One 1-bedroom, 1-bathroom unit is currently occupied, giving the next owner income from day one, while the vacant 2-bedroom, 1-bathroom unit creates an opportunity to place a new tenant, owner-occupy, or make strategic updates to maximize rent potential. The property could use some work, but the setting is the star of the show. Riverfront multifamily properties do not come along often, especially with one unit already producing income and another ready for value-add improvements. Whether you are expanding your rental portfolio or looking for a live-in investment, this is a compelling opportunity with a location that does the heavy lifting.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1910
Materials
- Construction materials: Shingle Siding
Type & Style
- Home type: MultiFamily
- Property subType: Duplex
Interior
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Carpet
- Finished area below ground: 0
- Finished area above ground: 1,576
Heating & Cooling
- Heating features: Baseboard,Forced Air
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 2,301
- Total interior livable area: 1,576 sqft
Property
Details
- Parcel number: 200605357003.000012
Features
- Levels: One and One Half
- Stories: 1
- Has view: Yes
- On waterfront: Yes
- Waterfront features: Lake,Waterfront,River Front,River
- Waterbody name: Saint Joseph River
- Frontage length: Water Frontage(25)
Lot
- Lot size: 1,742 sqft
- Features: 0-2.9999
- Lot size dimensions: 32X52
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $404 | $4,848 |
| Home Insurance * | $59 | $708 |
| Property Taxes | $134 | $1,608 |
| Electricity | $184 | $2,212 |
| Total | $781 | $9,372 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
HailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-18 | Pending sale | $79,900 |
| 2026-06-22 | Listed for sale | $79,900 |
| 2026-02-04 | Listing removed | $89,900 |
| 2025-12-02 | Price change | $89,900 |
| 2025-10-23 | Listed for sale | $59,900 |
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