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    Garrett, IN
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    Garrett, IN Residential Income Properties for Sale

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    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
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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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    Historic Bar With Apartment Income
    Historic Bar With Apartment Income

    118 N Peters St, Garrett, IN 46738

    $599,999
    3,612 sqft

    Includes a moveable six-way grandfathered liquor license, bar inventory, event equipment, and two residential apartments.

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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
    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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    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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    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.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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 24 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, 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.

    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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    Tenant-Occupied Duplex with Garage
    Tenant-Occupied Duplex with Garage

    341 W 15th St, Auburn, IN 46706

    $149,995
    1,572 sqft

    Two leased apartments provide an established residential income configuration with separate utility responsibility for occupants.

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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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    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.

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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 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 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.

    View details
    Residential Land in Summerset Ridge
    Residential Land in Summerset Ridge

    2311 Chandler Way lot: 91, Auburn, IN 46706

    $50,900
    0.24 AC lot

    Residential land for sale in established Auburn subdivision.

    View details

    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 Residential Income Properties Market Trends and Statistics

    Explore 16 residential income properties for sale in Garrett, IN, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 12,044 square feet of properties for sale, with an estimated market value of $2,024,798.

    Sale prices for residential income properties in Garrett, IN start at $165,000, averaging $337,466, 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 3
    Apartment buildings 1
    Duplexes 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 $320K

    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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