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Two-Story Duplex with Basement
For Sale
$155,000

316 N State Street, Kendallville, IN 46755

INVESTMENT, Two Story, Kendallville, IN

Property Size1,928 SF
Lot Size0.28 Acres
Price / SF$80.39
Days on Market47

Property Features for 316 N State Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bathroom 2, Bedroom 1, Basement, Bathroom 3, Bedroom 2, Bedroom 3, Bathroom 1
Parking 2
Parking features Garage, Off Street
Lot features Level
Elementary school North Side
Middle school East Noble
High school East Noble
Elementary school district East Noble Schools
Middle school district East Noble Schools
High school district East Noble Schools
Directions GPS will take you directly to home
Subdivision Noble County
Standard status Active
APN 57-07-33-420-088.000-020
Size 1,928 SF
Lot size 0.28 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description Mitchells Add Lot 180 & All Vac Alley
Legal Description Mitchells Add Lot 180 & All Vac Alley

Utilities

Cooling system Wall Unit(s)

Building Details

Year built 1931
Floors in Building 2
Number of units 2
Flooring type Carpet, Concrete, Unfinished, Wood, Laminate
Architectural style Other
Listing Agency: F.C. Tucker Fort Wayne
Listed By: Tiffany Mote · License #RB25001347
Added: Aug 8 Changed: Sep 15 Last Checked: Sep 23 at 12:06AM
MLS# 202632287

Copyright © 2026 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1931, this two-story duplex contains 1,928 square feet with two separate living spaces and a full basement. The lower unit is occupied by the owner, while the upper unit has been vacant for several years and requires updating before rental use. Interior finishes include wood, laminate, carpet, concrete, and unfinished areas, with wall-unit cooling. The property is offered as-is.

The 0.28-acre parcel includes off-street parking and a garage. Located near downtown Kendallville, the property carries R-2 zoning and offers a duplex configuration within Noble County.

Key Highlights

  • Two‑story duplex with 1,928 square feet
  • 0.28‑acre parcel near downtown Kendallville
  • R‑2 zoning with two separate living spaces

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Kitchen & Bath Showroom Bakery HVAC Service Storage Facility (Bike/Boat/Book/etc) Store 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
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - R-2 zoning, a full basement, and separate living spaces support flexible residential income use.
Where is this duplex located?
The property is located at 316 N State Street Kendallville, IN.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Two‑story duplex with 1,928 square feet; 0.28‑acre parcel near downtown Kendallville; R‑2 zoning with two separate living spaces
More about this property
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