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Two-Story Duplex with Off-Street Parking
New
For Sale
$199,900

322 W Mitchell Street, Kendallville, IN 46755

INVESTMENT, Two Story, Kendallville, IN

Property Size1,882 SF
Lot Size0.17 Acres
Price / SF$106.22
Days on Market2

Property Features for 322 W Mitchell Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 4, Bedroom 1, Basement, Bathroom 2, Bedroom 2, Bedroom 3
Parking 4
Parking features Off Street
Lot features City/ Town/ Suburb, Corner
Elementary school South 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 Traveling North on S Main St take a left on to West Mitchell St, Property will be on your right with parking out front.
Subdivision Noble County
Standard status Active
APN 57-07-33-340-149.000-020
Size 1,882 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description MITCHELLS ADD S 1/2 EX E 89' LOT 306 PS MITHCHELLS ADD EX E 89' LOT 305 P (340-150)
Tax Annual Amount 1400
Legal Description MITCHELLS ADD S 1/2 EX E 89' LOT 306 PS MITHCHELLS ADD EX E 89' LOT 305 P (340-150)

Building Details

Year built 1960
Floors in Building 2
Number of units 2
Flooring type Carpet, Laminate
Roof type Shingle, Asphalt
Architectural style Other
Listing Agency: Trueblood Real Estate, LLC.
Listed By: Richard Rutledge · License #RB16000886
Added: Sep 18 Changed: Sep 19 Last Checked: Sep 19 at 7:06PM
MLS# 202638905

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.

This two-story duplex contains 1,882 square feet on a 0.17-acre corner lot. Built in 1960, the property includes two residential units, a basement, carpet and laminate flooring, and an asphalt shingle roof. Off-street parking is available, with additional street parking nearby. Furniture supplied by the owner in Unit 2 conveys with the property.

Both units are occupied under leases extending through October 1, 2027. Unit 1 tenants pay their own electric and gas, while the owner covers water and trash. The owner currently pays all utilities for the furnished Unit 2. The property is located at 322 W Mitchell Street, within blocks of downtown Kendallville, with shopping, restaurants, and downtown amenities nearby. Showings require 48 hours’ tenant notice.

Key Highlights

  • Two‑unit duplex with 1,882 square feet of building area
  • 0.17‑acre corner lot with off‑street and additional street parking
  • Both units leased through October 1, 2027

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Dental Office HVAC Service Parking Lot & Garage 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
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

488
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 - Fully leased units have agreements extending through October 1, 2027, with furnished accommodations in the second unit.
Where is this duplex located?
The property is located at 322 W Mitchell Street Kendallville, IN.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,882 square feet of building area; 0.17‑acre corner lot with off‑street and additional street parking; Both units leased through October 1, 2027
More about this property
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