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In-PersonVirtual Tour
$ 2,450,000
Est. payment | /mo
21,280 SqFt
$ 2,450,000
Est. payment | /mo
21,280 SqFt
Open House
Fri Sep 04, 2:00pm - 4:30pm
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 21,280 sqft
Price per Sqft $115
MLS Listing ID 844656
Year Built 2000
Annual Tax Amount $35,324
Tax Year 2025
Lot Size 1.690 Acres
Property Sub-Type Multi Family
Property Description
Excellent multifamily investment opportunity in Porter consisting of 16 townhome-style units across two nearby properties: 1326-1340 Lake Charles Ave and 1365-1379 Lawson Ln. The portfolio offers approximately 21,280 SF of total building area on approximately 1.69 combined acres. All 16 units feature spacious 2-bedroom, 1.5-bath layouts with in-unit laundry hookups, private outdoor space and individually metered utilities. Tenants are responsible for electric, gas, water/sewer and trash, helping maintain a low owner expense load. The Lawson property also includes six detached garage spaces providing additional income potential. Conveniently located near I-94, US-20, the South Shore Line and Indiana Dunes National Park. Strong opportunity to acquire a sizable multifamily portfolio in an established Northwest Indiana rental market. Sale includes both properties for a total of 16 units. Contact listing broker for offering memorandum, financials and additional information.
Location
State IN
County Porter
Interior
Heating Natural Gas
Cooling Central Air
Fireplace No
Exterior
Parking Features Off Street
Utilities Available Cable Connected, Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected
Roof Type Shingle
Building
Story 2
Structure Type Vinyl Siding
Others
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Listed by Ellsbury Group
Nearby Locations
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Mark Keene
Managing Broker License ID: RB18001895