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121 E Quincy Street Garrett, IN $ 499,900
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121 E Quincy Street
$ 499,900
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121 E Quincy Street

Garrett, IN, 46738
$ 499,900
Bedrooms-- Baths12.0 Sq 5,800

Monthly Estimate*

$ 3,156

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Commercial Property for sale in Garrett, IN

for $499,900 with 12 full baths. This 5,800 square foot building was built in 1900 on a lot size of 0.07.

Investor Special: 12-Unit Value-Add Opportunity. Multi-Family Acquisition Opportunity! This 12 -unit commercial asset property at 121 E Quincy Street represents a powerhouse addition to any commercial portfolio. The ability for one revenue stream diversification under a single roof. This massive logistical and financial asset exhibits heavy value-add/rehab and is selling strictly "as-is". With the sheer scale, unit count, and strong tenant footprint, it creates a massive equity-building framework for value-add investors and rehabbers alike. Current occupancy rate: 58.33%. Consider the BRRRR strategy or a high yielding long term hold. Sits in a highly walkable Garrett location close to downtown amenities and local schools. Opportunity Zone

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Commercial Active

Price

$ 499,900

Full Bath

12

Property Type

Commercial

Taxes

$ 4,480

Style

Unknown

Lot Size

0.07

Year Built

1900

Town/City

Garrett

County/Region

De Kalb

MLS | Web ID

202640209
Features
General
Heating Other Heating Fuel
Cooling Window
Ceiling Height 8-9 ft
Roof Other
Parking Yes Off-Street
Sewer City
# of Buildings 1
Status Active Active
Bathrooms 12
Year Built 1900
New Construction No
Subdivision None
Stories Count 2
Township Keyser
Class COMMERCIAL
Present Use Investment Property
Type Other/Unknown
Age 126
Special Features None
REO No
Status Detail 0
Area Dekalb County
City Garrett
Legal Description Op
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202640209
Agent First Name Trey
Agent Last Name Forbes
DOM 2
Tax Year 2025-2026
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Exterior
Road Access City
Exterior Stucco
Lot Size Area 3136
Lot Dimensions 25x125
Parking Type off street
Waterfront Y/N No
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Interior
Flooring Vinyl Tile
Basement/Foundation None
Walls Drywall
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* Excluded Features
List By
Trey Forbes

Listing Agent

Kendallville - Weichert, Realtors® - Hoosier Heartland

Broker

Affordability Calculator

$3,530
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,156
Monthly Property Taxes
$373
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
1237469 Elementary School
1237627 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/28/2026$499,900 Listed Price

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121 E Quincy Street, Garrett, IN, 46738 is a Commercial Property for sale at $499,900 with 5,800 sqft and a lot size of 0.07. 121 E Quincy Street has 12.0 baths and was built in 1900. The property's zip code is 46738 which is in Garrett, IN

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