Jackie Jacobs

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399 Commercial Street
Roanoke, IN 46793

$225,000 - Status: Active
SQFT: 1,680
MLS# 202621469

Rare opportunity to own a well-maintained duplex in the heart of Roanoke! Looking for a way to offset your mortgage with rental income? This property offers the perfect owner-occupied opportunity while also providing strong investment potential. Each unit features 2 bedrooms, 1 full bath (walk in shower), separate gas furnaces, water heaters, electric and water meters, and in-unit laundry. Current tenants are on annual leases through August 2026 and pay their own utilities, creating stable income with low owner expenses. Detached 2-car garage is reserved for owner use, making this an ideal setup for owner seeking workshop space, storage or parking while benefiting from rental income. Large off-street parking area provides ample parking for tenants and guests. The main-level offers a large front porch, a spacious living area, an eat-in kitchen, laundry/pantry room, tiled shower and storage. The upper unit features a private deck, dining area, walk-in closets, and comfortable living space filled with natural light. Appliances included ranges, refrigerators, washer and dyers remain with the property. Situated on a corner lot just blocks from downtown Roanoke's shops, restaurants, park and community events, this property combines small-town charm with convenient access to Fort Wayne. Whether you're looking to live in one unit and generate income from the other, add to your investment portfolio, or have the advantage of future rental upside, this property offers flexibility, character, and long-term potential in one of the Northeast Indiana's most desirable small-town communities.

Property Features

MLS#: 202621469
Zip: 46793
Subdivision:
Development: Jackson
Property Type: Multi Unit - Multiple
Number of Units: 2
Basement: Partial Basement, Outside Entrance Only, Unfinished
Basement: Yes
Cooling: Window
Days on Site: 9
Heating: Gas, Forced Air
Home Style: Duplex
Lot Size: 0.17 acres
Stories: 1.5
Year Built: 1886

Feature Descriptions

Above Grade Finished SQFT: 1680
Amenities: Basement, Off Street Parking, Closet(s) Walk-in, Countertops-Laminate, Deck Covered, Eat-In Kitchen, Porch Covered, Porch Open, Water Heater Electric
Exterior: Wood
Lot Description: Corner
Lot Dimensions: 66x111
Owner Pays: Building Insurance, Maintenance, Tax
Sale Inclusions: Other
Sewer: Public
Tenant Pays: Electric, Heating, Water
Total Finished SQFT: 1680
Units: 2
Water: City

Local Schools

High School: Huntington North
Middle School: Crestview
Elementary School: Roanoke
School District: Huntington County Community

399 Commercial Street | MLS# 202621469

This multi-family property located at 399 Commercial Street, Roanoke, IN 46793 is currently listed for sale with an asking price of $225,000. Commercial Street is located within the Huntington County Community school district. Search Roanoke real estate on jjacobs.coldwellbanker1stchoice.com today.

Listed By / Shown By

Listed By

Agency Name: Dream Home Designs & Realty
Agent Name: Kandi Camomile
Agency Phone: 260-355-8577

Shown By

Agent Name: Jackie Jacobs
Agent Phone: (574) 520-7707
Agency Title: Coldwell Banker 1st Choice

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Coldwell Banker 1st Choice Jackie Jacobs (574) 520-7707

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