110 S Cowen Street, Garrett, IN 46738

Local realty services provided by:ERA First Advantage Realty, Inc.
110 S Cowen Street,Garrett, IN 46738
$220,000
  • 5 Beds
  • 3 Baths
  • 2,272 sq. ft.
  • Multi-family
  • Active
Listed by: tammie jones, tammie jones
Office: open door rentals and real est
MLS#:202625190
Source:Indiana Regional MLS

Price summary

  • Price:$220,000
  • Price per sq. ft.:$65.83

About this home

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%

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Home facts

  • Year built:1900
  • Listing ID #:202625190
  • Added:2 day(s) ago
  • Updated:June 27, 2026 at 07:13 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Carpet, Laminate
  • Basement Description:Full Basement
  • Living area:2,272 sq. ft.

Heating and cooling

  • Cooling:Window
  • Heating:Baseboard, Forced Air

Structure and exterior

  • Roof:Shingle
  • Year built:1900
  • Building area:2,272 sq. ft.
  • Lot area:0.14 Acres
  • Lot Features:Slope
  • Architectural Style:Two Story
  • Construction Materials:Brick
  • Levels:2 Stories

Schools

  • High school:Garrett
  • Middle school:Garrett
  • Elementary school:J.E. Ober

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$220,000
  • Price per sq. ft.:$65.83
  • Tax amount:$926

Features and amenities

  • Amenities:Ceiling Fan, Ceiling-9+, Detector-Carbon Monoxide, Detector-Smoke, Sump Pump, Water Heater Electric

Parking

  • Parking description:Gravel Parking
  • Garage spaces:1
IRMLS 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. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.