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    Mentone, IN
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    Mentone, IN Residential Income Properties for Sale

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    Light Industrial-Zoned Triplex
    Updated: Oct 23
    Light Industrial-Zoned Triplex

    115 S Morgan Street, Mentone, IN 46539

    $450,000
    3.41 AC lot
    Three apartments, including a studio unit
    3.41‑acre property with light industrial zoning
    Municipal utilities and on‑site parking
    Unfinished interior area and basement
    Building constructed in 1920; metal roof and vinyl flooring
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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 1 Active listings in Mentone, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 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.

    4-Unit Multifamily Property
    4-Unit Multifamily Property

    407 Wooster Road, Winona Lake, IN 46590

    $325,000
    4,047 sqft 0.29 AC lot

    Four residences include a two-bedroom main unit and three one-bedroom apartments, with two units currently vacant.

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    6-Unit Brick Apartment Building
    6-Unit Brick Apartment Building

    316 S Washington Street, Warsaw, IN 46580

    $360,000
    2,836 sqft 0.20 AC lot

    Updated interiors include vinyl flooring, with central air serving the building.

    View details
    4-Unit Quadplex
    4-Unit Quadplex

    407 Wooster Road, Winona Lake, IN 46590

    $325,000
    4,047 sqft

    Two residences are vacant, providing flexibility for owner occupancy or tenant placement.

    View details
    Six-Unit Apartment Building with Updates
    Six-Unit Apartment Building with Updates

    316 S Washington St, Warsaw, IN 46580

    $360,000
    2,836 sqft

    Brick multifamily property with refreshed interiors, a new roof, and a practical unit mix near Downtown Warsaw.

    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.

    Horse Farm Acreage with Pond
    Horse Farm Acreage with Pond

    1825 & 1875 W Winona Avenue, Warsaw, IN 46580

    $3,000,000
    48.52 AC lot

    Horse farm within city limits with a pond, two homes, and outbuildings plus off-street parking.

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    Horse Farm Property with Pond
    Horse Farm Property with Pond

    1825 & 1875 W Winona Avenue, Warsaw, IN 46580

    $3,000,000
    3,097 sqft 48.52 AC lot

    Horse farm within city limits featuring a pond, two homes, and multiple outbuildings including a pole building and sheds.

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    Residential Lot in Hidden Hills
    Residential Lot in Hidden Hills

    94 Glen Cove Drive, Peru, IN 46970

    Contact for pricing
    1.00 AC lot

    One-acre residential lot in the Hidden Hills community.

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    Residential Lot in New Subdivision
    Residential Lot in New Subdivision

    1042 W Green Meadow Run lot: 15, Columbia City, IN 46725

    $53,500
    0.25 AC lot

    Build-ready home lot in a new 18-lot neighborhood with planned streets and nearby creek and wooded views.

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    Off-Market Properties in Mentone, IN

    Consider similar Off-Market properties in Mentone, 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.

    401 Morgan St
    MOBILE HOME PARK, TRAILER PARK

    401 Morgan St, Mentone, IN 46539

    Estimated value:
    $130,000
    264 sqft 0.77 AC lot
    View details
    6663 500th S
    MOBILE HOME PARK, TRAILER PARK

    6663 500th S, Mentone, IN 46539-9733

    Estimated value:
    $250,000
    1,152 sqft 4.74 AC lot
    View details
    110 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)

    110 Main St, Mentone, IN 46539

    Estimated value:
    $245,000
    3,879 sqft 0.08 AC lot
    View details
    301 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)

    301 Main St, Mentone, IN 46539

    Estimated value:
    $225,000
    3,103 sqft 0.03 AC lot
    View details
    101 Broadway St
    APARTMENT HOUSE (UNDER 5 UNITS)

    101 Broadway St, Mentone, IN 46539

    Estimated value:
    $255,000
    7,902 sqft 0.15 AC lot
    View details

    Mentone, IN Residential Income Properties Market Trends and Statistics

    Explore 6 residential income properties for sale in Mentone, IN on our real estate platform.

    Sale prices for residential investment properties in Mentone, IN average $450,000 — 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

    Multifamily properties 1
    Triplexes 1

    Demographics Overview

    Population 2,570
    Population Growth (5Y) +1.2%
    Median Household Income $76,750
    College Educated 10.5%

    Taxes & Financing

    Tax Rate (average for all types) 1.83%
    Property Tax per SF $23.08 per SF
    Tax Rate vs County Average 0.09 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Kosciusko County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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