PROPERTY HIGHLIGHTS
• Beautifully maintained 4-unit property ideally situated at the intersection of Camellia Drive, Southwood Drive, and 45th Street
• The property benefits from excellent visibility and exposure along 45th Street
• Two fully renovated units with luxury finishes and two partially updated units
• Excellent curb appeal with modern finishes
• Unit mix includes one 3-bedroom, 1.5 bath and three 2-bedroom, 1-bath units
• Brick and vinyl exterior with updated mechanicals
• 2.5-car attached garage + 4-car detached garage
• Ample parking and green space
• Coin-operated Speed Queen washer and two dryers in common laundry
• Tenants are responsible for NIPSCO (electric and gas); owner pays for water and trash
• Long-term tenancy in two of the four units
LOCATION
Munster, IN is a high-demand, supply-constrained submarket of Northwest Indiana, known for its top-rated schools, proximity to Chicago, and vibrant amenities. This property is walkable to Munster’s highest-ranked elementary school and located near parks, shopping, and hospitals. Less than a 10-minute drive to the I-94 expressway, and just 2 miles from the upcoming commuter rail station. The area offers very few small multifamily rental properties, making this a rare opportunity for investors.
INVESTMENT SUMMARY
This is a rare opportunity to acquire a well-maintained multifamily property in a supply-constrained market. With two units fully renovated and two others partially updated, this is ideal for both seasoned and first-time investors seeking stable cash flow and long-term upside.
Stable current income with upside potential
• Fully leased with 12-month terms
• Below-market rents on partially updated units
• Low property tax environment compared to Illinois
Asking Price: $950,000
For financials and rent roll, please contact the listing representative directly.
CONTACT
John Svolos
219-629-2098
munster1142@gmail.com