Residential Income

Garrett, IN Residential Income Properties for Sale

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Auburn, IN Avilla, IN Huntertown, IN Kendallville, IN Fort Wayne, IN Leo, IN Waterloo, IN Churubusco, IN
12-Unit Apartment Building
Updated: Sep 28
12-Unit Apartment Building

121 E Quincy Street, Garrett, IN 46738

$499,900
0.07 AC lot
12 apartment units on a 0.07‑acre site
Current occupancy: 58.33%
Built in 1900
Off‑street parking and a basement
Located in an Opportunity Zone
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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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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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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
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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4 active listings match your search: Residential Income for sale in Garrett, IN. Based on your search, we've also compiled 17 Potential Opportunities for your consideration: 4 properties in nearby cities, 9 off-market properties to explore as potential leads, and 4 land listings with development potential.

Opportunities in Nearby Cities

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

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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C3 Zoned Commercial Development Land
C3 Zoned Commercial Development Land

12205 Coldwater Road, Fort Wayne, IN 46845

$1,350,000
6.14 AC lot

6.14-acre parcel with C3 zoning and utilities on site, positioned for retail, dining, multifamily, or a gas station.

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Apartment Buildings with Villa and Townhome Mix
Apartment Buildings with Villa and Townhome Mix

3115 Carroll Rd, Fort Wayne, IN 46818

$19,990,000
19.00 AC lot

Built in 2023, the community combines private patios, landscaped green space, ponds, and a dog park.

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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

2311 Chandler Way lot: 91, Auburn, IN 46706

$50,900
0.24 AC lot

Residential land for sale in established Auburn subdivision.

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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

Estimated value:
$85,000
750 sqft 0.02 AC lot
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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
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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
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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 13 residential income properties for sale in Garrett, IN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 4,424 square feet of properties for sale, with an estimated market value of $1,484,899.

Sale prices for residential investment properties in Garrett, IN start at $165,000, averaging $371,224, 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 4
Apartment buildings 1
Duplexes 1
Triplexes 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 $417K

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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