Garrett, IN
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    Garrett, IN Multifamily Properties for Sale

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    Auburn, IN Avilla, IN Laotto, IN
    Garrett Duplex with Rental Income
    $174,900
    2,152 SF
    Garrett Duplex with Rental Income

    200 E King Street, Garrett, IN 46738

    Duplex in Garrett, Indiana, featuring two units and rental income.
    • Solid rental income potential with one unit currently rented at $650/month with a long‑term tenant.
    • Two separate 2‑bedroom, 1‑bathroom units offer flexibility.
    • Separate utility meters for each unit simplify property management.
    • Recent exterior improvements including new siding and lower‑level windows enhance curb appeal.
    • Lower unit includes in‑unit laundry hookups, a desirable tenant amenity.
    Updated: Mar 6
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    Turnkey Bar with Income Apartments
    $599,999
    0.07 Acres
    Turnkey Bar with Income Apartments

    118 N Peters Street, Garrett, IN 46738

    Thriving bar business with grandfathered liquor license and income apartments.
    • Turnkey, Profitable Bar Business with All Inventory Included
    • Rare, Moveable 6‑Way Grandfathered Liquor License
    • Historic Building with Two Income‑Producing 2‑Bedroom Apartments
    • Six Additional Lots, Including Newly Paved Parking
    • New Walk‑In Cooler and Antique Keg Cooler
    Updated: Jun 2, 2025
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    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 2 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, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Fort Wayne Investment Opportunity
    $649,900
    2,800 SF
    Fort Wayne Investment Opportunity

    Income-generating property with storage options on 5 acres near I-69.

    14034 lima Road, Fort Wayne, IN 46818

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    Fourplex on 5 Acres
    $649,900
    4,585 SF
    Fourplex on 5 Acres

    Investment property with income potential and commercial opportunities.

    14034 Lima Road, Fort Wayne, IN 46818

    View details
    Downtown Kendallville Commercial Property For Sale
    $199,000
    6,663 SF
    Downtown Kendallville Commercial Property For Sale

    Prime commercial building in downtown Kendallville, ideal for retail.

    104 S Main Street, Kendallville, IN 46755

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    Kendallville Age-Restricted Apartment Community
    $9,350,000
    63,900 SF
    Kendallville Age-Restricted Apartment Community

    74-unit multifamily property for sale in Kendallville, Indiana.

    1320 Knoll Crest Dr., Kendallville, IN 46755

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Wooded Homesite in Wheatfield, Indiana
    Contact for pricing
    0.57 Acres
    Wooded Homesite in Wheatfield, Indiana

    Spacious, wooded 0.57-acre lot in established neighborhood.

    4418 Oakland Court, Wheatfield, IN 46392

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    Expansive Land with Development Potential
    $6,900,000
    354.27 Acres
    Expansive Land with Development Potential

    350+ acres of prime land with two scenic lakes.

    VL N Fleming Road, Fowlerville, MI 48836

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    University Park Developable Land
    Contact for pricing
    3.20 Acres
    University Park Developable Land

    3.2 acres with 24 concrete housing pads in University Park.

    976 Mesa Court, University Park, IL 60484

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    Residential Land in Mount Gilead
    Contact for pricing
    0.40 Acres
    Residential Land in Mount Gilead

    Land available in Mount Gilead with lake amenities.

    7326 State Route 19, Mount Gilead, OH 43338

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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)
    750 SF Lot: 0.02 Acres
    Value Estimation by Request

    111 Keyser St, Garrett, IN 46738-1462

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    109 111th E King St
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,768 SF Lot: 0.03 Acres
    Value Estimation by Request

    109 111th E King St, Garrett, IN 46738

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    411 Quincy St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,400 SF Lot: 0.10 Acres
    Value Estimation by Request

    411 Quincy St, Garrett, IN 46738-1149

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    119 Lee St
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,160 SF Lot: 0.21 Acres
    Value Estimation by Request

    119 Lee St, Garrett, IN 46738-1147

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    1601 Quincy St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,904 SF Lot: 0.16 Acres
    Value Estimation by Request

    1601 Quincy St, Garrett, IN 46738-1238

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    111 Franklin St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,728 SF Lot: 0.07 Acres
    Value Estimation by Request

    111 Franklin St, Garrett, IN 46738-1146

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    212 Randolph St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,591 SF Lot: 0.07 Acres
    Value Estimation by Request

    212 Randolph St, Garrett, IN 46738-1470

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    52 Edgewater N Dr
    MOBILE HOME PARK, TRAILER PARK
    Lot: 37.04 Acres
    Value Estimation by Request

    52 Edgewater N Dr, Garrett, IN 46738-9612

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    5760 County Rd 327
    MOBILE HOME PARK, TRAILER PARK
    Lot: 5.39 Acres
    Value Estimation by Request

    5760 County Rd 327, Garrett, IN 46738-9746

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    Garrett, IN Multifamily Properties Investment Opportunities Market Analysis

    Explore 11 multifamily properties for sale in Garrett, IN on our real estate platform. These investment opportunities span a total of 2,152 square feet of properties for sale, with an estimated market value of $174,900.

    Sale prices for multifamily properties in Garrett, IN start at $174,900, averaging $174,900, and reaching up to $174,900 — 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

    Duplexes 2

    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 median listing prices of real estate assets

    Neighborhood Average Price
    46738 $387.4K

    Taxes & Financing

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

    Listings Trend

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