322 W Mitchell Street Kendallville, IN 46755
PRICED AT $199,900
Listing Details
- $199,900
- MLS# 202638905
- Type Multi Unit - Multiple
- Status Active
- 4 Bedrooms
- 2 full Bathrooms
- 1,882 Square Feet
- 0.170 acres Lot Size
- 1960 Year Built
- East Noble Schools Local Schools
Description
Investor opportunity in the heart of Kendallville! This fully leased duplex delivers strong, immediate cash flow with $20,111 in NET annual gross rental income after expenses, and a desirable 10% cap rate. Both units are secured with leases extending through October 1, 2027, providing an established income stream for the next owner. Unit #1 tenants pay their own electric and gas, while the owner pays water and trash; the owner currently covers all utilities for Unit 2 that is fully furnished and leased for $1400/mo. Situated on a desirable corner lot, the property offers plenty of off-street parking plus additional street parking. Located...read more
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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 09/24/2026. The listing information on this page last changed on 09/24/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 09/24/2026 12:14:28 AM EST) or MichRic (Michigan Regional Information Center) (last updated Wed 09/23/2026 11:18:00 PM EST) or NIRA MLS (last updated Wed 09/23/2026 11:04:49 PM EST) or IRMLS (last updated Wed 09/23/2026 11:12:51 PM EST). Real estate listings held by brokerage firms other than Cressy & Everett Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved. IDX 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. Data is deemed reliable but is not guaranteed accurate by the MLS
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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 09/24/2026. The listing information on this page last changed on 09/24/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 09/24/2026 12:14:28 AM EST) or MichRic (Michigan Regional Information Center) (last updated Wed 09/23/2026 11:18:00 PM EST) or NIRA MLS (last updated Wed 09/23/2026 11:04:49 PM EST) or IRMLS (last updated Wed 09/23/2026 11:12:51 PM EST). Real estate listings held by brokerage firms other than Cressy & Everett Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved. IDX 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. Data is deemed reliable but is not guaranteed accurate by the MLS
Privacy Policy / DMCA Notice / ADA Accessibility
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