328 N State Street, Kendallville, IN 46755 - Noble County

Investment Opportunity!! Cash-Flowing 5-Plex in Kendallville! This purpose-built 5-unit property offers over 4,000 sq. ft. and has strong cash flow potential with room to raise rents. Having all units rented, this 5 plex brings in $4,200/month. Each unit is separately metered with split utilities, individual water heaters, and two units even have their own gas meters. Recent updates include a newer metal roof, vinyl siding, and updated water heaters. Tenants enjoy ample off-street parking and a convenient location close to schools, shopping, and downtown Kendallville. This is a rare chance to own a true multi-family income property with tenants already in place. Whether you’re looking to expand your portfolio or step into investment real estate with a strong performer, this 5-plex is the one to see!

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