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Two-Story Duplex with Off-Street Parking

322 W Mitchell Street, Kendallville, IN 46755

For Sale
$199,900
Pending

INVESTMENT, Two Story, Kendallville, IN

Property Size1,882 SF
Lot Size0.17 Acres
Days on Market58

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 Basement, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bedroom 4
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 Pending
APN 57-07-33-340-149.000-020
Size 1,882 SF
Lot size 0.17 Acres

Additional Details

Tenant in Place Yes

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)

Amenities

off-street parking

Building Details

Year built 1960
Floors in Building 2
Number of units 2
Flooring type Carpet, Laminate
Roof type Asphalt, Shingle
Architectural style Other
Listing Agency: Trueblood Real Estate, LLC.
Listed By: Richard Rutledge · License IN RB16000886
Added: Sep 18 Changed: Oct 30 Last Checked: Nov 14 at 7:06AM
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.

Rey
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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

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site

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
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

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
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