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    Garrett, IN
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    Garrett, IN Residential Income Properties for Sale

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    Brick Triplex with Rear Parking
    Updated: Jun 25
    Brick Triplex with Rear Parking

    110 S Cowen Street, Garrett, IN 46738

    $220,000
    2,272 sqft 0.14 AC lot
    2 lots on 0.14 acres with 2,272 SF brick triplex built in 1900
    Exterior basement access plus shingle roof and fireplace
    Rear parking for the units
    RUBS water/sewer/trash: 1 water/sewer/trash meter and 3 electric meters
    Unit mix: Unit 1 3 bed/1 bath; Units 2 and 3 each 1 bed/1 bath
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    This listing looks promising.

    Here's a quick look at some key insights for

    110 S Cowen Street, Garrett, IN 46738

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    • Est. Cap Rate

      9%
      Above avg (5.9%)

    • Est. NOI

      $20K
      Annual

    • Price @ 7% Cap

      $284K
      Above asking
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    Updated Triplex With Basement Access
    Updated: Aug 7
    Updated Triplex With Basement Access

    316 S Lee Street, Garrett, IN 46738

    $219,900
    2,004 sqft 0.13 AC lot
    Fully occupied triplex with 3 residential units
    2,004 square feet on a 0.13‑acre parcel
    2 units updated within the last few years
    Separate basement access serves all 3 units
    Off‑street parking for 3–4 vehicles
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    Two-Unit Duplex with Vacancy
    Two-Unit Duplex with Vacancy

    200 E King Street, Garrett, IN 46738

    $160,000
    2,152 sqft 0.06 AC lot

    Two-bedroom units offer separate utilities, central air, and flexible occupancy for an investor or owner-occupant.

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    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.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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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    Based on your search, we've compiled 22 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, 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.

    Fully Renovated Duplex with Private Garages
    Fully Renovated Duplex with Private Garages

    2104 Cortez Drive, Kendallville, IN 46755

    $224,900
    1,320 sqft 0.22 AC lot

    A fully renovated duplex with two one-bedroom units, each with a private one-car garage.

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    Top-and-Bottom Duplex with New Roof
    Top-and-Bottom Duplex with New Roof

    334 W 5Th Street, Auburn, IN 46706

    $185,000
    1,748 sqft 0.10 AC lot

    Top-and-bottom duplex with an about one-year-old roof and tenant-covered utilities, including vinyl and carpet flooring.

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    Top/Bottom Duplex
    Top/Bottom Duplex

    334 W 5th St, Auburn, IN 46706

    $185,000
    1,748 sqft

    One unit is leased through April 2027 while the other is vacant and ready to re-lease, with tenants covering utilities.

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

    1320 Knoll Crest Dr., Kendallville, IN 46755

    Contact for pricing
    63,900 sqft

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

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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.

    Residential Land in Auburn, IN
    Residential Land in Auburn, IN

    19149 Ringo Road lot: 39, Auburn, IN 46706

    $94,900
    0.50 AC lot

    Large residential lots available with pond views, city sewer, natural gas.

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    Residential Land in Rural Setting
    Residential Land in Rural Setting

    6721 Cedar Lane, Garrett, IN 46738

    $58,400
    0.55 AC lot

    Private rural lots perfect for building a dream home.

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    Residential Land in Garrett, IN
    Residential Land in Garrett, IN

    6769 County Road 7A, Garrett, IN 46738

    $299,000
    10.79 AC lot

    Secluded rural lots perfect for building a dream home.

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    Residential Land in Summerset Ridge
    Residential Land in Summerset Ridge

    2307 Chandler Way lot: 95, Auburn, IN 46706

    $54,900
    0.32 AC lot

    Residential lot available in Summerset Ridge, Auburn, 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

    $85,000
    Estimated value
    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

    $240,000
    Estimated value
    5,768 sqft 0.03 AC lot
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details

    Garrett, IN Residential Income Properties Market Trends and Statistics

    Explore 14 residential income properties for sale in Garrett, IN, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 6,428 square feet of properties for sale, with an estimated market value of $1,199,899.

    Sale prices for residential income properties in Garrett, IN start at $160,000, averaging $299,974, 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

    Multifamily properties 6
    Triplexes 4
    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 average listing prices of real estate assets

    Neighborhood Average Price
    46738 $301.2K

    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%

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