Two-Unit Duplex with Separate
For Sale
$235,000
418 Defiance Street, Howe, IN 46746
Two-unit property with individual gas and electric service, one leased unit, and adaptable commercial space along State Road 120.
Property Size4,356 SF
Price / SF$53.95
Days on Market153
Property Features for 418 Defiance Street
General Information
Standard status
Active
Size
4,356 SF
Property subtype
Multi Family / Duplex
Zoning
B4
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$709
Amenities
basement area for storage or storm use
finished upper-level storage above one unit
exterior outlets
Lighted signage
keypad entry on a secondary entrance
Central Air
1
Yes
Concrete, Mixed, Tile, Vinyl
2
Gas, Forced Air, Heat Pump, Multiple Heating Systems
Partial Basement, Unfinished
No
Gravel
Metal
Basement, Ceiling Fan, Off Street Parking, Attic Storage, Attic-Walk-up, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Open Floor Plan
Building Details
Year Built
1965
Buildings
1
Units
2
Tenancy
Multi
Listing Agency:
Mike Thomas Associates
(260) 463-2881
Listed By:
Daniel Orlando · License #RB14051647
(260) 463-2881
Source:
Compass
Added: Mar 31
Changed: Aug 29
Last Checked: Aug 29 at 1:53PM
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 Mike Thomas Associates
Investment Insights
Based on property information with market context.
This two-unit property at 418 Defiance Street is divided into separate spaces with individual gas meters and electric service, including 200-amp service for each unit. One unit is leased to a dog grooming business, while the second offers open commercial space with multiple entry points and a layout that previously accommodated an HVAC company. The property includes central air, multiple heating systems, a partial unfinished basement, finished upper-level storage, exterior outlets, lighted signage, and keypad entry at a secondary entrance.
Positioned along State Road 120 in Howe, the building has parking on the east side and along US 120, with additional nearby overflow options. The property is approximately 2 miles from the I-80/90 Toll Road at Exit 121 and about 5 miles from US 20. A new well was installed in 2024, with city sewer and NIPSCO gas and electric. The B4 zoning designation supports a range of commercial uses, while the metal roof is approximately 10 years old.
Positioned along State Road 120 in Howe, the building has parking on the east side and along US 120, with additional nearby overflow options. The property is approximately 2 miles from the I-80/90 Toll Road at Exit 121 and about 5 miles from US 20. A new well was installed in 2024, with city sewer and NIPSCO gas and electric. The B4 zoning designation supports a range of commercial uses, while the metal roof is approximately 10 years old.
Key Highlights
- Two separate units with individual gas meters and 200‑amp electric service
- One unit leased to a dog grooming business; second unit offers open commercial space
- New well installed in 2024 with city sewer and NIPSCO gas and electric
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
79
Businesses Nearby
Explore this area
Business Placement
Demographics for 46746, IN
4,003
Population
1,602
Households
2.5
Avg Household Size
38
Median Age
18%
College-Educated
83%
High-School Grad
71.7 sq mi
ZIP Area
56
Density / Sq Mi
$78,250
Median Household Income
$37,191
Median Earnings
$832
Median Rent
$157,000
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with individual gas and electric service, one leased unit, and adaptable commercial space along State Road 120.
Where is this duplex located?
The property is located at 418 Defiance Street Howe, IN.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Two separate units with individual gas meters and 200‑amp electric service; One unit leased to a dog grooming business; second unit offers open commercial space; New well installed in 2024 with city sewer and NIPSCO gas and electric
