Crown Point, IN Multi-Family Homes for Sale

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Newest Crown Point, IN Multi-Family Homes for Sale

$259,900

5 Beds ⋅ 3 Baths

Welcome to this classic 1876 Crown Point duplex, just steps from the historic Square! Set on a spacious ~0.22-acre lot with a detached garage and large fenced backyard ideal for outdoor living, gardening, or extra parking, this property offers excellent investment or owner-occupant potential. Separate entrances (including exterior stairs to the upper unit) provide true duplex convenience. The main-level kitchen features granite counters, stainless-steel appliances (including a gas range and refrigerator), and vinyl-plank flooring. The main bath includes a relaxing jacuzzi tub. The upper unit offers its own kitchen with stainless appliances, living areas, 2 bedrooms 1 bathroom . Flooring mixes vinyl plank in the kitchens with carpet in living and bedroom spaces. Window ACs and ceiling fans keep things comfortable. Enjoy the best of both worlds: only about four blocks from downtown Crown Point restaurants, shops, and events, yet a private yard with mature trees. An unfinished basement provides storage and utility space with dual water heaters. Ideal for investors seeking rental income, or buyers ready to restore and personalize a piece of Crown Point history. Units can easily be unseperated for use as a single family home or you can leave it split for an easy income property with two seperate units. Schedule your showing today!

133 N Jackson Street, Crown Point

$544,900

Well-maintained 4-unit apartment building, multifamily asset located in Crown Point, Indiana sitting on 0.51 acres. Built in 1978, this 4-unit property provides a strong investment opportunity. Prime location near schools, a community park, and local amenities, including on-site laundry facility and hallway storage for occupants. Owner is responsible for water (cold/hot) in units and common area, electricity only in common area, for gas bill in common area, and home owner association fees. Units are fitted with in-wall electric air conditioning units, electric baseboard heating, and electric appliances including stove. Tenants are responsible for respective electric bills. First floor units include a walk out patio, second floor units include a balcony. A car port in front of the building provides ample parking spaces. Spacious grass surrounding the building with a small stream behind the property. Brand new, single-layer roof installed in 2017. Rent: Understandably these may be lower than what the market may dictates but the owners financial capabilities allows lower rents to minimize turnover. Current tenants between 5-14 yrs on premise. New owners would have the ability to adjust rent to meet their needs. Total revenue: 4,160/month (includes est value for one open vacancy) + Laundry revenue ~200/month Expenses: - HOA 150/month includes garbage 2x week, fertilizer, and mowing/snow plowing parkway and parking lot - Water 135/mo - Elec 50/mo - Gas 50/mo Misc Details: -Gas is only in laundry room to support water heaters and dryer. No gas in units. -Water heaters 10 years -Washer (~2yrs) & Dryer (~5 yrs) are Speedqueen commercial quality. -No furnaces. -Each unit is fully electric with electric baseboard heating and electric stove. Tenants pay electricity. AC wall units: - 3 bd 1st unit 3yrs old, 2nd unit is older unknown age. - 2 bd all units have new AC units 1 yr old.

8137 Pine Island Terrace, Crown Point

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