Home Sale Pending near Bixler Lake

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 $4,070 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!

Property Details

  • Beds: 12
  • Baths: 5.0
  • Sq Feet: 4078
  • Year Built: 0
  • Location: Bixler Lake
  • Acres: 0.250
  • County: Noble County
  • Heat/AC: Baseboard, Forced Air
  • Roof:
  • Stories: 2
  • MLS #: 202540110
  • Unit Number: 1-5

Location

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Contact Information:

Contact Agent
Listing Agent: Nicole Schnurr, Open Door Rentals and Real Estate LLC, 260-701-9646, 260-333-7368 Listing Site, Listing Status: Pending
Copyright © 2025 Upstate Alliance of REALTORS® Multiple Listing Service, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Home Sale Pending in Kendallville, Indiana
Ad Number : 7149354
Viewed: 1 times
Added: Jan 13, 2026
Updated on: Jan 13, 2026
All information provided is deemed reliable but is not guaranteed and should be independently verified.