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Listed by Trey Forbes • Weichert Realtors - Hoosier Heartland
$ 499,900
Est. payment | /mo
12 Baths
3,049 Sqft Lot
$ 499,900
Est. payment | /mo
12 Baths
3,049 Sqft Lot
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID IRM202640209
HOA Y/N No
Year Built 1900
Annual Tax Amount $4,480
Tax Year 2025
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 25x125
Property Sub-Type Other
Property Description
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
Location
State IN
County Dekalb County
Zoning 67-Commercial
Rooms
Basement None
Interior
Heating Other
Inclusions Building
Fireplace N
Exterior
Parking Features Off Street
View Y/N true
Building
Sewer Public Sewer
Water City
New Construction No
Others
Pets Allowed No
Tax ID 17-09-03-105-014.000-013
Acceptable Financing IRM202640209
Listing Terms IRM202640209
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202640209
IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.
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