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About This Home

This 5-bedroom, 2-bathroom residential multi family at 206 S 3rd Street in Kentland, IN is listed for $120,000. Built in 1938, on a 0.10 acres lot.

Agent 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 Features

  • Built in 1938
  • 0.10 acre lot
  • 2 stories

Property Details

2 stories
1 full
1938

Monthly Cost Estimate

$642/mo

20% down · 6.5% · 30 years

Principal$87
Interest$520
Insurance$35

Estimates only. Actual payments may vary.

Location

206 S 3rd Street

Kentland, IN 47951

Kentland Additions E

Features & Amenities

Interior Features

Laminate Counters

Exterior Features

Rain Gutters

Property Details

Pool Features

DeckPorch

Parking

Off StreetDriveway

Heating

Forced AirNatural Gas

Appliances

Electric RangeGas Range

Questions & Answers

This 5-bedroom, 2-bathroom residential multi family at 206 S 3rd Street is listed at $120,000. The estimated monthly payment is $520 based on 20% down at 6.5% interest.

Key features include: Built in 1938, 0.10 acre lot, 2 stories. Interior Features: Laminate Counters. Exterior Features: Rain Gutters.

This property is listed by Katherine Wietbrock and can be reached at 2197467742 or kcreighton@mccolly.com.

KW

Katherine Wietbrock

Agent at McColly Real Estate

(219) 746-7742

Listed by McColly Real Estate · View on Broker Site

MLS# 840271· Source: listhub· Updated 1 days ago

Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

206 S 3rd Street, Kentland, IN 47951

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