206 S 3rd Street

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Address: 206 S 3rd St, Kentland, IN 47951, USA
Chicago & Midwest + Apartment Buildings
Created date: June 7, 2026
Date last updated: September 13, 2026
Price: $95,000Investment Analyzer NEW!

Property Description

Investment Opportunity - Duplex or Single-Family Home, Your Choice! Currently zoned as a duplex, this versatile 2-story property offers multiple possibilities for investors, owner-occupants, or those looking for a multi-generational living arrangement. The main level features 2 bedrooms (one very small), a kitchen, and an ADA-accessible 3/4 bath with wheelchair ramp access. The upper level offers additional bedrooms, a second kitchen, and a full bath. An interior spiral staircase currently connects both levels and can easily be removed to restore complete separation between the units. Whether you're looking to maintain it as a duplex or convert it to a spacious single-family residence, the flexibility is yours. The home does need updating and repairs, making it an excellent opportunity to add value and build equity. Property is being sold As-Is.

Key Property Information

Listing Status: Under Contract
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $95,000
Year Built: 1938
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 5
Number of Bathrooms: 2
Address: 206 S 3rd Street, Kentland, IN 47951, USA
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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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