TRIPLEX in DeKalb County. This brick home situated on 2 lots near downtown Garrett is a turn key investment. Unit 1 (vacant for showings:upstairs) rents is a 3 bed 1 bath and rents for $975, unit 2 is 1 bed 1 bath and rents for $685 (month to month lease, unit 3 is a 1 bed 1 bath and rents for $675 (expires 1-31-27). $2335 monthly income! Property insurance is $926/yr and taxes are $2843/yr. Each unit is RUBS Water/sewer/trash. Professional management in place. 1 water/sewer meter, 3 electric meters, basement access from exterior. Each unit has a stove/refrigerator. Unit 1 has a gas furnace (1 gas meter). Unit 2 is electric baseboard. Unit 3 is all electric baseboard heat. Parking in the rear of unit. Owner pays to mow lawn. Year 1 Estimated Value: $228,800 Year 1 Appreciation Gain: $8,800 Year 1 ROI on Cash Invested: 19.6% Year 5 Estimated Value: $267,664 Year 5 Appreciation Gain: $47,664 Year 5 ROI on Cash Invested: 105.9%
Pending
$220,000
110 S Cowen St, Garrett, IN 46738
5beds
2,272sqft
Triplex
Built in 1900
-- sqft lot
$213,300 Zestimate®
$--/sqft
$-- HOA
What's special
Brick homeBasement access from exterior
- 64 days
- 343
- 19
Zillow last checked:
Listing updated:
Listed by:
Tammie L Jones 260-438-1087,
Open Door Rentals and Real Est
Source: IRMLS,MLS#: 202625190
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Forced Air, Fireplace(s)
Cooling
- Window Unit(s)
Appliances
- Included: Electric Water Heater
Features
- Ceiling Fan(s), Ceiling-9+
- Flooring: Carpet, Laminate
- Basement: Full,Block,Sump Pump
- Has fireplace: Yes
Interior area
- Total structure area: 3,342
- Total interior livable area: 2,272 sqft
- Finished area above ground: 2,272
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Gravel, Off Street Parking
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,098 Square Feet
- Features: Sloped, City/Town/Suburb
Details
- Additional structures: None
- Additional parcels included: 1709-04-233-050.000-013
- Parcel number: 170904233020.000013
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Brick
- Foundation: Basement
- Roof: Shingle
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Gas: NIPSCO
- Sewer: City
- Water: City
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: None
Location
- Region: Garrett
Financial & listing details
- Tax assessed value: $11,500
- Annual tax amount: $2,843
- Date on market: 6/25/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Inclusions: Building, Lease
- Lease term: Month To Month,12 Months
- Total actual rent: 28620
- Tenant pays: Cable TV, Cooling, Electricity, Fuel, Sewer, Trash Collection, Water
Estimated market value
$213,300
$203,000 - $224,000
$1,152/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/17/2026 | Pending sale | $220,000 |
Source: | ||
| 7/30/2026 | Listed for sale | $220,000 |
Source: | ||
| 7/3/2026 | Pending sale | $220,000 |
Source: | ||
| 6/25/2026 | Listed for sale | $220,000+120.2% |
Source: | ||
| 1/2/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/8/2023 | Listed for rent | $750-18.9% |
Source: Zillow Rentals Report a problem | ||
| 9/22/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/22/2023 | Listed for rent | $925 |
Source: Zillow Rentals Report a problem | ||
| 3/12/2019 | Listing removed | $99,900$44/sqft |
Source: North East Indiana Realty #201825106 Report a problem | ||
| 6/12/2018 | Listed for sale | $99,900+127%$44/sqft |
Source: North East Indiana Realty #201825106 Report a problem | ||
| 12/21/2000 | Sold | $44,000$19/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $191 +5.5% | $11,500 +15% |
| 2024 | $181 -17.8% | $10,000 +9.9% |
| 2023 | $221 +1.5% | $9,100 +16.7% |
| 2022 | $217 -3.4% | $7,800 +4% |
| 2021 | $225 +0.7% | $7,500 |
| 2020 | $223 -3.4% | $7,500 |
| 2019 | $231 -34.7% | $7,500 |
| 2018 | $354 +50% | $7,500 |
| 2017 | $236 +5% | $7,500 |
| 2016 | $225 | $7,500 |
| 2014 | $225 | $7,500 |
| 2013 | $225 +8.7% | $7,500 |
| 2012 | $207 +7.1% | $7,500 |
| 2011 | $193 +9.6% | $7,500 |
| 2010 | $176 +0.3% | $7,500 |
| 2009 | $176 +7.7% | $7,500 |
| 2007 | $163 +4.6% | $7,500 |
| 2006 | $156 | $7,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 46738
Nearby schools
Schools provided by the listing agent
- Elementary: J.E. Ober
- Middle: Garrett
- High: Garrett
- District: Garrett Keyser Butler
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






