110 S Cowen Street, Garrett, IN 46738
Local realty services provided by:ERA First Advantage Realty, Inc.
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
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