About 206 S 3rd Street
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.
Features of 206 S 3rd Street
| MLS® # | 840271 |
|---|---|
| Price | $95,000 |
| Bedrooms | 5 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Acres | 0.10 |
| Year Built | 1938 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active Under Contract |
Community Information
| Address | 206 S 3rd Street |
|---|---|
| Subdivision | Kentland Additions E |
| City | Kentland |
| County | Newton |
| State | IN |
| Zip Code | 47951 |
Amenities
| Utilities | Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected |
|---|---|
| Parking | Driveway, Off Street, Gravel |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Laminate Counters |
|---|---|
| Appliances | Electric Range, Gas Range |
| Heating | Forced Air, Other, Natural Gas |
| Fireplace | No |
| Has Basement | No |
| Basement | Crawl Space |
Exterior
| Exterior Features | Rain Gutters |
|---|---|
| Lot Description | Corner Lot, Few Trees |
School Information
| District | South Newton |
|---|
Additional Information
| Date Listed | June 6th, 2026 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Agent | Katherine Wietbrock |
|---|---|
| Office | McColly Real Estate |