Triplex

Mentone, IN Triplexes 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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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Mentone, 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.

3-Unit Residential Triplex
3-Unit Residential Triplex

1051 Middlebury Street, Elkhart, IN 46516

$199,900
3,630 sqft 0.24 AC lot

Gas and electric service are separately metered; water and sewer are not.

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3-Unit Triplex with Tenant Storage
3-Unit Triplex with Tenant Storage

1051 Middlebury Street, Elkhart, IN 46516

$199,900
3,630 sqft

Separate gas and electric meters serve a three-unit property with on-site parking and a mix of heating and cooling systems.

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3-Unit Residential Property
3-Unit Residential Property

536 E Dayton Street, South Bend, IN 46613

$99,000
2,400 sqft 0.12 AC lot

The unit mix includes one three-bedroom apartment and two one-bedroom apartments.

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3-Unit Residential Triplex
3-Unit Residential Triplex

536 E Dayton Street, South Bend, IN 46613

$99,000
2,400 sqft

Three occupied apartments have a mix of one- and three-bedroom layouts, with appliances provided in each unit.

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Mentone, IN Triplexes Market Trends and Statistics

Explore 1 triplexes for sale in Mentone, IN on our real estate platform.

Sale prices for three-family homes 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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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)

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