Listing provided courtesy of McColly Real EstateNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 840271
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Request Info206 S 3rd StreetKentland, IN 47951
Multi-Family · 5 Beds · 1 Full Bath · 1 Three Quarter Bath · 0.10 Acres$115,000
Active
206 S 3rd Street Overview
- Time on Site:
- 23 days
- Visits:
- 0
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.
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206 S 3rd Street Facts & Features
- Type Multi-Family
- Lot 0.10 Acres
Details
General
Association/HOA
- Association: false
School Information
- School District: South Newton
Building Information
- New Construction: false
- Year Built: 1938
Location/Region
- County Or Parish: Newton
- Subdivision Name: Kentland Additions E
- Township: Jefferson
Rent/Lease Information
- Lease Considered: false
- Rent Includes: See Remarks
Tax Information
- Tax Annual Amount: 588.66
- Tax Year: 2025
General Information
- Listing Terms: Cash,Conventional
- Parcel Number: 561621443094000011
- Pets Allowed: Yes
- Property Condition: Fixer
- Property Sub Type: Duplex
- Property Type: Residential Income
- Special Listing Conditions: None
Interior
Parking Information
- Garage: false
Beds/Baths
- Bathrooms Full: 1
- Bathrooms Three Quarter: 1
- Bathrooms Total: 2
- Bedrooms Total: 5
Building Interior
- Above Grade Finished Area: 1792
General Information
- Accessibility Features: Accessible Full Bath,Accessible Approach with Ramp
- Appliances: Electric Range,Gas Range
- Fireplace: false
- Heating: Forced Air,Other,Natural Gas
- Interior Features: Laminate Counters
- Laundry Features: Electric Dryer Hookup,Washer Hookup,Main Level,Laundry Room,Gas Dryer Hookup
- Levels: One and One Half
- Living Area Source: Assessor
Exterior
Parking Information
- Parking Features: Driveway,Off Street,Gravel
Lot Information
- Additional Parcels: false
- Lot Features: Corner Lot,Few Trees
- Lot Size Acres: 0.1033
- Lot Size Source: Assessor
- Lot Size Square Feet: 4500
- Water Source: Public
Waterfront/View
- View: Neighborhood
- Waterfront: false
Building Exterior/Construction
- Patio And Porch Features: Deck,Porch
General Information
- Exterior Features: Rain Gutters
- Pool Features: None
- Sewer: Public Sewer
- Utilities: Electricity Connected,Water Connected,Sewer Connected,Natural Gas Connected
206 S 3rd Street Neighborhood
Community
47951 (KENTLAND) Demographics
48
Median Age
37
Population Density (per sq. mile)
23%
College Educated
$53,750
Estimated Median Income
848
Estimated Total Home Owners
275
Estimated Total Renters
76% / 24%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.206 S 3rd Street Monthly Cost
206 S 3rd Street Market Data
Based on the last 30 days in this zip code
$204,205
Average List Price
$91
Average Price per Square Foot
4
Properties Sold
61
Average Days on Market
17
Properties for Sale
206 S 3rd Street History
| Date | Value | Agent |
|---|---|---|
| 6/25/2026Source: Northwest Indiana MLS | $115,000 -4.2% |
|
| 6/6/2026Source: Northwest Indiana MLS | June 06, 2026 |