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Two-Property Duplex Portfolio
For Sale
$375,000

607 West Warren Street, Mitchell, IN 47446

Four occupied units combine open layouts, private kitchens, laundry areas, and included appliances across two downtown properties.

Property Size3,520 SF
Price / SF$106.53
Days on Market275

Property Features for 607 West Warren Street

General Information

Standard status Active
Size 3,520 SF
Property subtype Multi Family / Apartment Building
Occupancy 100%

Units

Unit Mix 3 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 4

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $3,966

Amenities

shared laundry area
Central Air
2
No
Carpet, Laminate, Tile
4
Forced Air, Heat Pump
3
1
Crawl
7
Yes
Metal, Vinyl
Ceiling Fan, Breakfast Bar, Cable Available, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Landscaped, Open Floor Plan, Water Heater Electric, Water Heater Gas
Metal, Shingle
Laundry Facilities

Building Details

Year Built 1856
Buildings 2
Units 4
Listing Agency: Williams Carpenter Realtors
Listed By: Natasha Johns · License #RB14043733
Source: Compass
Added: Nov 28, 2025 Changed: Aug 30 Last Checked: Aug 30 at 2:11PM

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 Williams Carpenter Realtors

Investment Insights

Based on property information with market context.

This offering comprises two duplex properties totaling 3,520 square feet in downtown Mitchell. The newer corner property at 607 West Warren Street contains two matching units, each with two bedrooms, one bathroom, an open living and kitchen area, breakfast bar, laundry space, and kitchen appliances. The two units are occupied.

At 611 West Warren Street, the lower residence provides two bedrooms and one bathroom, while the upper residence has one bedroom and one bathroom. Both include living and eat-in kitchen areas, with a shared laundry space serving the property. Central air, forced-air and heat-pump systems, carpet, laminate, and tile flooring are among the documented features. Duke Energy, CenterPoint, and Mitchell City Utilities serve both properties. The owner pays water, trash, and sewer expenses.

Key Highlights

  • Two duplex properties totaling 3,520 square feet
  • Four units, all currently rented
  • 607 West Warren Street includes two 2‑bedroom, 1‑bath units

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Auto Parts Store HVAC Service (Bike/Boat/Book/etc) Store

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

4
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

256
Businesses Nearby

Demographics for 47446, IN

9,425
Population
3,998
Households
2.4
Avg Household Size
44
Median Age
17%
College-Educated
89%
High-School Grad
125.4 sq mi
ZIP Area
75
Density / Sq Mi
$53,182
Median Household Income
$33,680
Median Earnings
$765
Median Rent
$141,200
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 - Four occupied units combine open layouts, private kitchens, laundry areas, and included appliances across two downtown properties.
Where is this duplex located?
The property is located at 607 West Warren Street Mitchell, IN.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two duplex properties totaling 3,520 square feet; Four units, all currently rented; 607 West Warren Street includes two 2‑bedroom, 1‑bath units
More about this property
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