Contingent on financing and appraisal. Accepting backup offers. Multifamily 8 Plex investment opportunity in DeKalb County, Garrett, IN. Great investment for the hands on investor who knows a rare gem, as these rarely become available. A stones throw to downtown Main, this property sits at the northwest corner of S Franklin and E Keyser St. With some upgrades and remodeling, this opportunity can prove to be a true gem in the making. A total of 10 Beds & 8 Baths.
Closed
$305,000
120 S Franklin St, Garrett, IN 46738
8beds
5,368sqft
Multi Family
Built in 1878
-- sqft lot
$318,800 Zestimate®
$--/sqft
$1,002 Estimated rent
Home value
$318,800
Estimated sales range
Not available
$1,002/mo
Zestimate® history
Owner options
List your home for rent
$1,002/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,002/mo
Rent Zestimate®
Refinance and save
$1,818/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,818/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Northwest corner
Zillow last checked:
Listing updated:
Listed by:
Jennifer Streich Cell:260-302-5200,
Hosler Realty Inc - Kendallville
Bought with:
Gary Patrick
Hosler Realty Inc - Kendallville
Source: IRMLS,MLS#: 202529995
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Hot Water
Cooling
- None
Features
- Laminate Counters
- Flooring: Laminate
- Basement: Unfinished
Interior area
- Total structure area: 8,084
- Total interior livable area: 5,368 sqft
- Finished area above ground: 5,368
- Finished area below ground: 0
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Levels: Two and Half Story
- Stories: 2
Lot
- Size: 6,098 sqft
- Features: Corner Lot
Details
- Additional structures: None
- Additional parcels included: 1709-03-109-045.000-013
- Parcel number: 170903109044.000013
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1878
Utilities & green energy
- Sewer: City
- Water: City
Community & neighborhood
Location
- Region: Garrett
- Subdivision: None
HOA & financial
Other financial information
- Total actual rent: 50112
Price history
| Date | Event | Price |
|---|---|---|
| 10/10/2025 | Sold | $305,000-3.2% |
Source:  IRMLS #202529995 Report a problem | ||
| 8/4/2025 | Listed for sale | $315,000 |
Source: IRMLS #202529995 Report a problem | ||
| 8/4/2025 | Pending sale | $315,000 |
Source: IRMLS #202529995 Report a problem | ||
| 7/31/2025 | Listed for sale | $315,000+125% |
Source: IRMLS #202529995 Report a problem | ||
| 8/15/2000 | Sold | $140,000$26/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $165 +5.9% | $9,000 +4.7% |
| 2024 | $155 +21.4% | $8,600 +10.3% |
| 2023 | $128 +12.3% | $7,800 +21.9% |
| 2022 | $114 +3.6% | $6,400 +12.3% |
| 2021 | $110 | $5,700 +3.6% |
| 2020 | $110 -64.4% | $5,500 |
| 2019 | $309 +69.9% | $5,500 |
| 2018 | $182 | $5,500 |
| 2017 | $182 +65.2% | $5,500 |
| 2016 | $110 | $5,500 |
| 2014 | $110 | $5,500 |
| 2013 | $110 | $5,500 |
Find assessor info on the county website
Neighborhood: 46738
Nearby schools
GreatSchools rating
- 4/10J E Ober Elementary SchoolGrades: K-5Distance: 0.4 mi
- 5/10Garrett Middle SchoolGrades: 6-8Distance: 0.4 mi
- 5/10Garrett High SchoolGrades: 9-12Distance: 0.4 mi
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.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$318,800
2% more
+$6,376
With Zillow Showcase(estimated)
$325,176
- Indiana
- De Kalb County
- Garrett
- 46738
- 120 S Franklin St
Nearby cities
Nearby zip codes
Other Garrett Topics
