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    Garrett, IN
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    Garrett, IN Multifamily Properties for Sale

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    Auburn, IN Avilla, IN Huntertown, IN Kendallville, IN Fort Wayne, IN Leo, IN Waterloo, IN Churubusco, IN
    12-Unit Apartment Building
    Updated: Sep 28
    12-Unit Apartment Building

    121 E Quincy Street, Garrett, IN 46738

    $499,900
    0.07 AC lot
    12 apartment units on a 0.07‑acre site
    Current occupancy: 58.33%
    Built in 1900
    Off‑street parking and a basement
    Located in an Opportunity Zone
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    Historic Bar with Apartments
    Updated: Jun 2, 2025
    Historic Bar with Apartments

    118 N Peters Street, Garrett, IN 46738

    $599,999
    0.07 AC lot
    1920 historic building with bar and two residential apartments
    Two 2‑bedroom apartments within the property
    Moveable 6‑way grandfathered liquor license included
    6 additional lots, including one newly paved for parking
    New walk‑in cooler, antique keg cooler, and sound and projection system
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    Brick Triplex with Separate Meters
    Brick Triplex with Separate Meters

    110 S Cowen St, Garrett, IN 46738

    $220,000
    2,272 sqft

    Three-unit brick property near downtown Garrett with varied unit layouts, exterior basement access, and rear parking.

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    See hot listings in Garrett

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Vacant Duplex with Separate Utilities
    Vacant Duplex with Separate Utilities

    200 E King St, Garrett, IN 46738

    $165,000
    2,152 sqft

    Two-bedroom units support flexible leasing or owner-occupancy arrangements.

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    12-Unit Apartment Building
    12-Unit Apartment Building

    121 East Quincy Street, Garrett, IN 46738

    Contact for pricing

    The property is offered as-is and has deferred maintenance alongside existing occupancy.

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    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 5 Active listings in Garrett, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Renovated Duplex with Private Garages
    Renovated Duplex with Private Garages

    2104 Cortez Dr, Kendallville, IN 46755

    $224,900
    1,320 sqft

    Two updated residential units offer separate garages and refreshed interiors in Kendallville.

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    Renovated One-Story Duplex
    Renovated One-Story Duplex

    2104 Cortez Drive, Kendallville, IN 46755

    $224,900
    1,320 sqft 0.22 AC lot

    Both residences include a private garage and updated interiors.

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    Downtown Butler Buildings For Sale
    Downtown Butler Buildings For Sale

    135-137 S Broadway St, Butler, IN

    Contact for pricing
    21.41 AC lot

    Two downtown buildings with remodeling potential in Butler, Indiana.

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    Mixed-Use Property with Income Potential
    Mixed-Use Property with Income Potential

    230-232 S Bdwy St, Butler, IN

    Contact for pricing
    6,505 sqft 0.28 AC lot

    Bar, ice cream parlor, and apartments in Butler, Indiana.

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    Off-Market Properties in Garrett, IN

    Consider similar Off-Market properties in Garrett, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    111 Keyser St
    APARTMENT HOUSE (UNDER 5 UNITS)

    111 Keyser St, Garrett, IN 46738-1462

    Estimated value:
    $85,000
    750 sqft 0.02 AC lot
    View details
    109 111th E King St
    APARTMENT HOUSE (UNDER 5 UNITS)

    109 111th E King St, Garrett, IN 46738

    Estimated value:
    $240,000
    5,768 sqft 0.03 AC lot
    View details
    411 Quincy St
    APARTMENT HOUSE (UNDER 5 UNITS)

    411 Quincy St, Garrett, IN 46738-1149

    Estimated value:
    $105,000
    2,400 sqft 0.10 AC lot
    View details
    119 Lee St
    APARTMENT HOUSE (UNDER 5 UNITS)

    119 Lee St, Garrett, IN 46738-1147

    Estimated value:
    $240,000
    4,160 sqft 0.21 AC lot
    View details
    1601 Quincy St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1601 Quincy St, Garrett, IN 46738-1238

    Estimated value:
    $205,000
    2,904 sqft 0.16 AC lot
    View details
    111 Franklin St
    APARTMENT HOUSE (UNDER 5 UNITS)

    111 Franklin St, Garrett, IN 46738-1146

    Estimated value:
    $200,000
    2,728 sqft 0.07 AC lot
    View details
    212 Randolph St
    APARTMENT HOUSE (UNDER 5 UNITS)

    212 Randolph St, Garrett, IN 46738-1470

    Estimated value:
    $250,000
    3,591 sqft 0.07 AC lot
    View details
    52 Edgewater N Dr
    MOBILE HOME PARK, TRAILER PARK

    52 Edgewater N Dr, Garrett, IN 46738-9612

    Estimated value:
    $430,000
    37.04 AC lot
    View details
    5760 County Rd 327
    MOBILE HOME PARK, TRAILER PARK

    5760 County Rd 327, Garrett, IN 46738-9746

    Estimated value:
    $300,000
    5.39 AC lot
    View details

    Garrett, IN Multifamily Properties Market Trends and Statistics

    Explore 14 multifamily properties for sale in Garrett, IN, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 4,424 square feet of properties for sale, with an estimated market value of $1,484,899.

    Sale prices for multifamily properties in Garrett, IN start at $165,000, averaging $371,224, and reaching up to $599,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 2
    Duplexes 1
    Triplexes 1

    Demographics Overview

    Population 8,462
    Population Growth (5Y) -1.0%
    Median Household Income $62,212
    College Educated 20.8%

    High-Yield Neighborhoods for Investment

    Identify Garrett submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    46738 $320.8K

    Taxes & Financing

    Tax Rate (average for all types) 2.29%
    Property Tax per SF $29.39 per SF
    Tax Rate vs County Average 0.47 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in DeKalb County

    New Delisted

    How Realmo verifies these figures

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