Listing courtesy of Weichert Realtors - Hoosier Heartland · Listing agent: Trey Forbes

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121 E Quincy Street

$499,900

$86.19 / sq ft

Garrett, IN 46738

  • Basement
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Bathrooms
12
Lot
0.07 ac
Year built
1900
Type
Other
Listed
September 28, 2026
MLS #
202640209

About this home

Investor Special: 12-Unit Value-Add Opportunity. Multi-Family Acquisition Opportunity! This 12 -unit commercial asset property at 121 E Quincy Street represents a powerhouse addition to any commercial portfolio. The ability for one revenue stream diversification under a single roof. This massive logistical and financial asset exhibits heavy value-add/rehab and is selling strictly "as-is". With the sheer scale, unit count, and strong tenant footprint, it creates a massive equity-building framework for value-add investors and rehabbers alike. Current occupancy rate: 58.33%. Consider the BRRRR strategy or a high yielding long term hold. Sits in a highly walkable Garrett location close to downtown amenities and local schools. Opportunity Zone

Property details

Interior

Stories
2
Finished area above grade
5,800 sq ft
Flooring
Vinyl
Cooling
Window Unit(s)

Exterior & parking

Construction
Stucco
Parking
Off Street
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot size (acres)
0.07 ac
Lot dimensions
25x125
County
Dekalb County
Township
Keyser
Road frontage
City Street
Platted
Yes
Planned unit development
No
Directions
GPS 121 E Quincy St in Garrett

Taxes & terms

Annual taxes
$4,480
Tax year
2025
Tax abatement
No
Possession
at closing
Parcel number
17-09-03-105-014.000-013

Included in the sale

Included in sale
Building

Utilities

Water
City
Sewer
Public Sewer

Income & commercial

Water meters
2
Ceiling height
8-9 ft

Location

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