206 S 3rd Street Kentland, IN $ 120,000
206 S 3rd Street
$ 120,000
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206 S 3rd Street

Kentland, IN, 47951
$ 120,000
Bedrooms5 Baths2.0

Monthly Estimate*

$ 739

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206 S 3rd Street, Kentland, IN 47951 - Image 17

Multi-Family Home for sale in Kentland, IN

for $120,000 with 5 bedrooms and 2 full baths. This home was built in 1938 on a lot size of 0.1033.

Investment Opportunity - Duplex or Single-Family Home, Your Choice! Currently zoned as a duplex, this versatile 2-story property offers multiple possibilities for investors, owner-occupants, or those looking for a multi-generational living arrangement. The main level features 2 bedrooms (one very small), a kitchen, and an ADA-accessible 3/4 bath with wheelchair ramp access. The upper level offers additional bedrooms, a second kitchen, and a full bath. An interior spiral staircase currently connects both levels and can easily be removed to restore complete separation between the units. Whether you're looking to maintain it as a duplex or convert it to a spacious single-family residence, the flexibility is yours. The home does need updating and repairs, making it an excellent opportunity to add value and build equity. Property is being sold As-Is.

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Multi-Family Active

Price

$ 120,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 588

Style

Duplex

Lot Size

0.1033

Year Built

1938

Town/City

Kentland

County/Region

Newton

MLS | Web ID

840271

Features
Interior
Interior Amenities Laminate Counters
Fireplace Y/N N
Above Grade Finished Area 1792
3/4 Baths 1
Laundry Features Electric Dryer Hookup Washer Hookup Main Level Laundry Room Gas Dryer Hookup
Total Bedrooms 5
Total Baths 2
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General
Sewer Public Sewer
Heating Forced Air Other Natural Gas
Utilities Electricity Connected Water Connected Sewer Connected Natural Gas Connected
Appliances Electric Range Gas Range
Patio/Porch Features Deck Porch
Pool Features None
Pets Allowed Yes
Year Built 1938
View Neighborhood
Township Jefferson
Levels One and One Half
Property Subtype Duplex
Tax Year 2025
Accessibility Accessible Full Bath Accessible Approach with Ramp
County Newton
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Kentland Additions E
Garage Y/N N
Rent Includes See Remarks
Full Baths 1
Status Active
Directions From 41: Turn on Kent St. Follow to Allen. West to Third. North to home.
City Kentland
High School District South Newton
Lot Size Square Feet 4500
Listing Terms Cash Conventional
Tax Annual Amount 588.66
Property Condition Fixer
Lease Considered Y/N N
Standard Status Active
Legal Description N1/2 LOTS 16 & 17 BLK 5 ORIGINAL PLAT KENTLAND
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Exterior
Exterior Amenities Rain Gutters
Parking Features Driveway Off Street Gravel
Lot Features Corner Lot Few Trees
Water Source Public
Lot Size Acres 0.1033
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Katherine Wietbrock

Listing Agent

Mccolly Real Estate

Broker

kcreighton@mccolly.com

Email

Affordability Calculator

$788
Per Month
94%
6%
0%
Monthly Principal & Interest
$739
Monthly Property Taxes
$49
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4043984 Elementary School
4043983 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/6/2026$120,000 Listed Price

Map


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206 S 3rd Street, Kentland, IN, 47951 is a Multi-Family Home for sale at $120,000 with a lot size of 0.1033. 206 S 3rd Street has 5 bedrooms, 2.0 baths, and was built in 1938. The property's zip code is 47951 which is in Kentland, IN