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Garrett, IN

Multifamily

Garrett, IN Multifamily Properties for Sale

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Auburn, IN Avilla, IN Huntertown, IN Laotto, IN Kendallville, IN Waterloo, IN Fort Wayne, IN Leo, IN

7 properties

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Brick Triplex Near Downtown

Updated: Jun 25

Brick Triplex Near Downtown

110 S Cowen Street, Garrett, IN 46738

$220,000

2,272 sqft 0.14 AC lot

2,272‑square‑foot triplex on a 0.14‑acre parcel
Unit mix includes one 3‑bedroom, 1‑bath unit and two 1‑bedroom, 1‑bath units
Brick construction with a shingle roof; built in 1900
One water/sewer meter, 3 electric meters, and 1 gas meter
Each unit includes a stove and refrigerator

Updated Triplex with Basement

Updated: Aug 7

Updated Triplex with Basement

316 S Lee Street, Garrett, IN 46738

$219,900

2,004 sqft 0.13 AC lot

Three‑unit property with 2,004 Square Feet of building area
Two units updated within the last few years; third unit in good condition
Fully occupied, including one unit with a long‑term tenant
0.13‑acre lot with off‑street parking for 3‑4 vehicles
Separate basement access serves all units

Historic Bar with Apartments

Historic Bar with Apartments

118 N Peters Street, Garrett, IN 46738

$599,999

0.07 AC lot

Established bar business with two residential units, included furnishings, beverage inventory, and event-ready audio and projection equipment.

See what stands out in DeKalb County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in

NOI available after sign in

Local Demand available after sign in

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.

Vacant Duplex with Separate Utilities

Vacant Duplex with Separate Utilities

200 E King St, Garrett, IN 46738

$160,000

2,152 sqft

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

Updated Triplex with Off-Street Parking

Updated Triplex with Off-Street Parking

316 S Lee St, Garrett, IN 46738

$219,900

2,004 sqft

Fully occupied three-unit property with separate laundry connections, individual basement access, and multiple recent updates.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Downtown Rented Triplex

Downtown Rented Triplex

217 W 2nd, Garrett, IN 46738

Contact for pricing

Three-unit triplex is fully rented, with recent updates to the units, and is offered sold as-is.

Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 7 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.

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.

Duplex With Updated Interiors

Duplex With Updated Interiors

320 W 15th St, Auburn, IN 46706

$154,900

1,432 sqft

Occupied income property with refreshed finishes and interior improvements.

Residential Income Portfolio

Residential Income Portfolio

601 N Jackson St, Auburn, IN 46706

Contact for pricing

Investment package includes 10 properties and 36 income-producing doors across multiple cities.

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

$85,000

Estimated value

750 sqft 0.02 AC lot

109 111th E King St

APARTMENT HOUSE (UNDER 5 UNITS)

109 111th E King St, Garrett, IN 46738

$240,000

Estimated value

5,768 sqft 0.03 AC lot

411 Quincy St

APARTMENT HOUSE (UNDER 5 UNITS)

411 Quincy St, Garrett, IN 46738-1149

$105,000

Estimated value

2,400 sqft 0.10 AC lot

119 Lee St

APARTMENT HOUSE (UNDER 5 UNITS)

119 Lee St, Garrett, IN 46738-1147

$240,000

Estimated value

4,160 sqft 0.21 AC lot

1601 Quincy St

APARTMENT HOUSE (UNDER 5 UNITS)

1601 Quincy St, Garrett, IN 46738-1238

$205,000

Estimated value

2,904 sqft 0.16 AC lot

111 Franklin St

APARTMENT HOUSE (UNDER 5 UNITS)

111 Franklin St, Garrett, IN 46738-1146

$200,000

Estimated value

2,728 sqft 0.07 AC lot

212 Randolph St

APARTMENT HOUSE (UNDER 5 UNITS)

212 Randolph St, Garrett, IN 46738-1470

$250,000

Estimated value

3,591 sqft 0.07 AC lot

52 Edgewater N Dr

MOBILE HOME PARK, TRAILER PARK

52 Edgewater N Dr, Garrett, IN 46738-9612

$430,000

Estimated value

37.04 AC lot

5760 County Rd 327

MOBILE HOME PARK, TRAILER PARK

5760 County Rd 327, Garrett, IN 46738-9746

$300,000

Estimated value

5.39 AC lot

Garrett, IN Multifamily Properties Market Trends and Statistics

Explore 16 multifamily properties for sale in Garrett, IN, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 10,704 square feet of properties for sale, with an estimated market value of $1,639,799.

Sale prices for multifamily properties in Garrett, IN start at $160,000, averaging $273,299, 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

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	$273.3K

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

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