Login

316 S Lee Street, Garrett, IN 46738

Garrett
Local realty services provided by:CENTURY 21 Bradley Realty, Inc.
316 S Lee Street,Garrett, IN 46738
$219,900
Virtual Tour
  • 3 Beds
  • 3 Baths
  • 2,004 sq. ft.
  • Multi-family
  • Pending
Listed by: ivan koblovCell: 317-850-7985
Office: keller williams indy metro ne
MLS#:202632112
Source:Indiana Regional MLS

Price summary

  • Price:$219,900
  • Price per sq. ft.:$81.29

About this home

Well maintained fully occupied triplex - one of NE Indiana's stronger, faster-appreciating submarkets. Two units thoroughly updated within the last few years; third in good condition with a long-term tenant. Unit 1 (first floor, most updated): $1,000/mo Unit 2 (upstairs, long-term tenant, about 10 yrs): $750/mo Unit 3 (back, updated): $1,050/mo Owner pays utilities and lawn care. Off-street parking for 3-4 vehicles. Separate basement access for all units. 3 separate washer/dryer connections (gas and electric) are available and currently unused. Gross: $33,600/yr NOI: $24,900/yr Cap rate: 11.3% GRM 6.5

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1900
  • Subdivision & Development:None
  • Listing ID #:202632112
  • Added:35 day(s) ago
  • Updated:September 12, 2026 at 08:11 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Mixed
  • Basement Description:Partial Basement
  • Living area:2,004 sq. ft.

Heating and cooling

  • Cooling:Window
  • Heating:Hot Water

Structure and exterior

  • Year built:1900
  • Building area:2,004 sq. ft.
  • Lot area:0.13 Acres
  • Lot Features:Irregular
  • Architectural Style:One and Half Story
  • Construction Materials:Aluminum, Brick
  • Levels:1 1/2 Stories

Schools

  • High school:Garrett
  • Middle school:Garrett
  • Elementary school:J.E. Ober

Utilities

  • Water:Public
  • Sewer:Public

Finances and disclosures

  • Price:$219,900
  • Price per sq. ft.:$81.29
  • Tax amount:$800

Parking

  • Garage spaces:1
IRMLS information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC. IN_LBAR Member Broker: James E Bradley

New listings near 316 S Lee Street