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Duplex With Full Basement
For Sale
$160,000

316 N State St, Kendallville, IN 46755

The R-2-zoned property contains two separate residential living spaces.

Property Size1,928 SF
Price / SF$82.99
Days on Market15

Property Features for 316 N State St

General Information

Standard status Active
Size 1,928 SF
Property subtype Residential Income
Zoning R-2

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $692
Listing Agency: F.C. Tucker Fort Wayne
Listed By: Tiffany Mote · License #RB25001347
Source: Exprealty
Added: Aug 8 Changed: Aug 20 Last Checked: Aug 22 at 12:03PM

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 F.C. Tucker Fort Wayne

Investment Insights

Based on property information with market context.

Located at 316 N State St in Kendallville, this 1,928-square-foot duplex includes two distinct residential units and a full basement. The lower residence is occupied by the owner, while the upper unit has remained unrented for several years and requires updating. R-2 zoning is in place, and the property is offered in its present as-is condition.

Its location near downtown provides convenient access to the central Kendallville area. The two-unit layout and separate living spaces provide flexibility for an owner-occupant or an investor seeking a residential income property, subject to the buyer’s intended plans and applicable requirements.

Key Highlights

  • 1,928‑square‑foot duplex with two separate living spaces
  • R‑2 zoning
  • Full basement included

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Kitchen & Bath Showroom Bakery HVAC Service (Bike/Boat/Book/etc) Store Storage Facility Skin Care Clinic

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

538
Businesses Nearby

Demographics for 46755, IN

15,721
Population
6,857
Households
2.3
Avg Household Size
40
Median Age
17%
College-Educated
85%
High-School Grad
74.9 sq mi
ZIP Area
210
Density / Sq Mi
$66,034
Median Household Income
$41,567
Median Earnings
$722
Median Rent
$160,300
Median Home Value

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?
Duplex - The R-2-zoned property contains two separate residential living spaces.
Where is this duplex located?
The property is located at 316 N State St Kendallville, IN.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: 1,928‑square‑foot duplex with two separate living spaces; R‑2 zoning; Full basement included
More about this property
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