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12-Unit Apartment Building
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121 East Quincy Street, Garrett, IN 46738

The property is offered as-is and has deferred maintenance alongside existing occupancy.

Property SizeContact for details
Days on Market6

Property Features for 121 East Quincy Street

General Information

Standard status Active
Property subtype Multifamily
Occupancy 58%

Property Condition

Severity Repairs Needed
Evidence deferred maintenance

Additional Details

Multifamily Units 12
Listing Agency: Weichert Realtors - Hoosier Heartland
Listed By: Trey Forbes · License #RB14050149
Source: Crexi
Added: Sep 20 Changed: Sep 24 Last Checked: Sep 24 at 2:38PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Weichert Realtors - Hoosier Heartland

Investment Insights

Based on property information with market context.

This 12-unit apartment property is offered in as-is condition and has deferred maintenance. Occupancy is 58.33%, providing a snapshot of its current operating status.

At 121 East Quincy Street in Garrett, the property is near downtown amenities and local schools.

Key Highlights

  • 12 apartment units
  • Current occupancy is 58.33%
  • Offered in as‑is condition with deferred maintenance

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Big Box & Wholesale Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units
58.3%
Occupancy

Location Intelligence

Trade Area within ½ mile

53
Businesses Nearby

Demographics for 46738, IN

8,183
Population
3,756
Households
2.2
Avg Household Size
37
Median Age
17%
College-Educated
90%
High-School Grad
26.0 sq mi
ZIP Area
315
Density / Sq Mi
$62,212
Median Household Income
$37,137
Median Earnings
$855
Median Rent
$156,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - The property is offered as-is and has deferred maintenance alongside existing occupancy.
Where is this apartment building located?
The property is located at 121 East Quincy Street Garrett, IN.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 12 apartment units; Current occupancy is 58.33%; Offered in as‑is condition with deferred maintenance
(260) 318-0929 Call to check price and availability
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