Multifamily

Kendallville, IN Multifamily Properties for Sale

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6 properties
Mixed-Use Retail and Residential Building
Updated: Jun 26
Mixed-Use Retail and Residential Building

214 & 218 S Main Street, Kendallville, IN 46755

$419,900
0.18 AC lot
Mixed‑use building with two commercial storefronts and three occupied apartments above
Apartment mix: two 1‑bed/1‑bath units and one 4‑bed/1‑bath unit
One commercial space is owner‑occupied and will be available at closing; second storefront and all three apartments are leased
Central air cooling, with flooring including vinyl, wood, carpet, and tile
Roof is rubber; off‑street parking is available
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Historic Downtown Mixed-Use Building
Updated: May 22, 2025
Historic Downtown Mixed-Use Building

211/213 S Main Street, Kendallville, IN 46755

$194,900
0.14 AC lot
Over 6,000 sq ft commercial building on Main Street in Historic Downtown Kendallville
Main floor offers open street‑level space with the option for one storefront or two
Upstairs framework for one 1‑bedroom apartment and one 2‑bedroom apartment
Recently restored facade
Wood flooring and flat roof
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Downtown Retail Mixed-Use Building
Downtown Retail Mixed-Use Building

104 S Main Street, Kendallville, IN 46755

$199,000
0.08 AC lot

Downtown commercial building with retail space and upper apartments, zoned C1 for retail use.

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Mixed-Use Retail and Apartment Property
Mixed-Use Retail and Apartment Property

214-218 S Main St, Kendallville, IN 46755

$419,900
15,249 sqft

Two ground-floor retail storefronts paired with three upper apartments create multiple income streams along a busy commercial corridor.

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Kendallville Age-Restricted Apartment Community
Kendallville Age-Restricted Apartment Community

1320 Knoll Crest Dr., Kendallville, IN 46755

$9,350,000
63,900 sqft

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

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Downtown Mixed-Use Retail Building
Downtown Mixed-Use Retail Building

214 S Main Street, Kendallville, IN 46755

$419,900
15,249 sqft

Mixed-use building with two retail storefronts and three occupied apartments above.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 6 Active listings in Kendallville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

Top-Bottom Duplex Income Property
Top-Bottom Duplex Income Property

334 W 5Th Street, Auburn, IN 46706

$185,000
1,748 sqft 0.10 AC lot

Top unit is vacant and ready to occupy, while bottom unit is leased through April 2027.

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Three-Unit Brick Triplex
Three-Unit Brick Triplex

110 S Cowen Street, Garrett, IN 46738

$220,000
2,272 sqft 0.14 AC lot

Brick triplex with three separate rental units and rear parking, offering a straightforward turn-key residential income setup.

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Updated Duplex with In-Unit Laundry
Updated Duplex with In-Unit Laundry

334 W 9th Street, Auburn, IN 46706

$229,900
1,846 sqft 0.18 AC lot

Two-unit duplex with remodeled bathrooms and in-unit washer/dryer in each unit, plus a one-car garage.

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Historic Bar and Two-Unit Property
Historic Bar and Two-Unit Property

118 N Peters Street, Garrett, IN 46738

$599,999
0.07 AC lot

Turnkey bar ownership with a new walk-in cooler, sound system, and two 2-bedroom residential apartments on additional lots.

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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
Wooded Homesite in Wheatfield, Indiana

4418 Oakland Court, Wheatfield, IN 46392

Contact for pricing
0.57 AC lot

Spacious, wooded 0.57-acre lot in established neighborhood.

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Expansive Land with Development Potential
Expansive Land with Development Potential

VL N Fleming Road, Fowlerville, MI 48836

$6,900,000
354.27 AC lot

350+ acres of prime land with two scenic lakes.

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University Park Developable Land
University Park Developable Land

976 Mesa Court, University Park, IL 60484

Contact for pricing
3.20 AC lot

3.2 acres with 24 concrete housing pads in University Park.

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Residential Land in Riverdale
Residential Land in Riverdale

N Lumberjack Road, Riverdale, MI 48877

Contact for pricing
0.67 AC lot

Vacant residential land suitable for building or mobile home placement.

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Off-Market Properties in Kendallville, IN

Consider similar Off-Market properties in Kendallville, 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.

Waits Rd
MOBILE HOME PARK, TRAILER PARK

Waits Rd, Kendallville, IN 46755

Value Estimation by Request
12.77 AC lot
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1206 State St
MOBILE HOME PARK, TRAILER PARK

1206 State St, Kendallville, IN 46755-1303

Value Estimation by Request
24.88 AC lot
View details

Kendallville, IN Multifamily Properties Market Trends and Statistics

Explore 8 multifamily properties for sale in Kendallville, IN, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 94,398 square feet of properties for sale, with an estimated market value of $10,189,800.

Sale prices for multifamily properties in Kendallville, IN start at $419,900, averaging $3,396,600, and reaching up to $9,350,000 — 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

Triplexes 5
Apartment buildings 1
Duplexes 1

Demographics Overview

Population 16K
Population Growth (5Y) +1.8%
Median Household Income $66,034
College Educated 24.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
46755 $2.5M

Taxes & Financing

Tax Rate (average for all types) 1.84%
Property Tax per SF $31.42 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Noble County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Kendallville fall within the 100,000+ square foot range.

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