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    Garrett, IN
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    Garrett, IN Triplexes 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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    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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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Garrett, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Tudor Triplex with Renovated Units
    Tudor Triplex with Renovated Units

    3025 N Anthony Boulevard, Fort Wayne, IN 46805

    $625,000
    3,945 sqft 0.25 AC lot

    Renovated Tudor-style triplex configured for short- or mid-term rentals, with central air, garage parking, and privacy fencing.

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    Newly Remodeled Triplex
    Newly Remodeled Triplex

    1018 Oneida St, Fort Wayne, IN 46805

    $280,000
    1,680 sqft

    Permitted multifamily property with R3 zoning and recent comprehensive renovations.

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    Storefront Building with Upper Apartments
    Storefront Building with Upper Apartments

    214 & 218 S Main Street, Kendallville, IN 46755

    $419,900
    0.18 AC lot

    Mixed-use storefront building with two main-level commercial spaces and three occupied apartments above.

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

    214 S Main Street, Kendallville, IN 46755

    Contact for pricing
    15,249 sqft

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

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    Garrett, IN Triplexes Market Trends and Statistics

    Explore 3 triplexes for sale in Garrett, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 4,276 square feet of properties for sale, with an estimated market value of $439,900.

    Sale prices for three-family homes in Garrett, IN start at $219,900, averaging $219,950, and reaching up to $220,000 — 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 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 $220K

    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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