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Key Details
Sold Price $590,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 17,990 sqft
Price per Sqft $32
Subdivision Crescent Lake 01
MLS Listing ID 832830
Sold Date 02/24/26
Bedrooms 8
Full Baths 4
Half Baths 4
HOA Y/N No
Year Built 1979
Annual Tax Amount $7,197
Tax Year 2024
Lot Size 0.413 Acres
Acres 0.413
Property Sub-Type Quadruplex
Property Description
Income-Producing 4-Unit Property! Well-maintained 4-unit apartment building offering immediate income with all units currently occupied. Recent capital improvements include a 1-year-old roof and gutters, newer AC units in Units C & D (approximately 2 years old), and windows replaced within the last 7 years--helping reduce near-term maintenance and improve efficiency. This property presents a solid opportunity for investors seeking a stabilized asset with reliable performance. Conveniently located near major highways, shopping, dining, and entertainment, supporting strong tenant appeal and long-term demand. An ideal addition for both seasoned and first-time investors building a rental portfolio.
Location
State IN
County Lake
Interior
Interior Features Eat-in Kitchen
Heating Forced Air, Natural Gas
Fireplace N
Appliance Dishwasher, Refrigerator, Gas Range
Exterior
Exterior Feature Rain Gutters
Parking Features Driveway, Garage Door Opener, Detached, Garage Faces Front
Garage Spaces 4.0
Pool None
View Y/N true
View Neighborhood
Building
Lot Description Other
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Merrillville
Others
Tax ID 451218379027000030
SqFt Source Assessor
Acceptable Financing NRA20260109192017004387000000
Listing Terms NRA20260109192017004387000000
Financing Other
Pets Allowed No
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