Listed price in listed location currency (USD).
$225,000

424

MLS® 202621469

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 1680 sqft
Garage 
Taxes $1,866
Days Active 13
Lot Size 0.17 Acres
Approx. Age 1886
Avg. Price Per Sqft $133
MLS® Number 202621469

Property Address: 399 Commercial St, Roanoke, IN, 46783-1046

Average square foot calculated using Size range provided by listing agent.

Description

OPEN HOUSE: Saturday, June 20, 2026 from 11AM-1PM. 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.
MLS® Number202621469
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1886
BasementOutside Entrance Only, Partial, Unfinished
Driveway
Garage Spaces
HeatNatural Gas, Forced Air
A/CWall/Window Unit(s)

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 4, 2026List Date
$225,000List Price

Home Appraisal

This property is estimated to sell between: $225,000 and $284,000.
Similar properties in this area sold on average for: $263,700
Expected to sell in 29 days. Similar properties sold in 42 days. This home has been on eXp Realty for 13 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
399 Commercial St, Roanoke, IN

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