328 N State St Unit 1-5, Kendallville, IN 46755

Property Description

Investment Opportunity! Cash-Flowing 5-Plex in Kendallville! This purpose-built, five-unit property offers over 4,000 sq. ft. With all units currently rented, the building brings in $4,095 per month. Each unit is separately metered with split utilities. Most major components have been updated within the last 5–12 years, including the roof, siding, windows, doors, concrete walkways, water heaters, HVAC systems, and a new sewer line from building to the main with an exterior cleanout. All units have been fully renovated, and the property offers off-street parking behind the building. This is a rare opportunity to own a true multi-family income property with tenants already in place. Whether you’re expanding your portfolio or stepping into investment real estate with a strong performer, this 5-plex is a must-see!