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14713 Coral Street, Dyer, IN, 46311
Ranch Duplex with Sunroom

14713 Coral Street Dyer, IN 46311

For Sale
$379,900

SINGLE_FAMILY - Dyer, IN

Property Size1,795 SF
Lot Size0.14 Acres
Price / SF$211.64
Days on Market13

Property Features for 14713 Coral Street

General Information

Property type Residential
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Rooms Bedroom 2, Den, Dining Room, Bathroom 2, Bedroom 1, Laundry Room, Bathroom 1
Parking features Off Street, Driveway, Garage, Open
Patio and Porch features Porch, Patio
Interior features Cathedral Ceiling(s), Walk-In Closet(s), Open Floorplan, Kitchen Island, Eat-in Kitchen, Entrance Foyer, Ceiling Fan(s)
Exterior features Lighting
Appliances Dryer, Water Softener Owned, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Gas Water Heater, Gas Range, Dishwasher, Disposal
Standard status Active
APN 451401277030000015
Size 1,795 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description GREYSTONE OF ST. JOHN UNIT 2 BL.5 PT. OF LOT 163 (14713 CORAL ST)
Tax Annual Amount 3183

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 2021
Floors in Building 1
Listing Agency: McColly Real Estate
Listed By: Suzanne Herrmann · License #475150205
Added: Jul 17 Changed: Jul 28 Last Checked: Jul 29 at 3:06PM
MLS# 842460

Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Meticulous and move-in-ready 2-bedroom, 2-bath ranch duplex with an added den/office. A welcoming foyer with skylight opens to an open-concept great room and kitchen featuring a large island, soft-close cabinetry, pull-out drawers, quartz counters, pantry, and included appliances. Dining includes a dinette area. The bright sunroom has sliders to an oversized concrete patio with a closing pergola and sun shade.

The primary suite offers a full bath and a walk-in closet with built-in dresser, shelving, and pull-down attic access. A finished laundry room includes a storage closet and cabinetry, and the den/office is finished with French doors.

Additional improvements noted include a gutter heater, closet organizers, custom blinds, an epoxy garage floor, fresh paint, and landscaped exterior finishes. Located in Dyer, Indiana (Lake County).

Key Highlights

  • 2021‑built 2‑bedroom, 2‑bath ranch duplex with den/office
  • Open floorplan with kitchen island, eat‑in kitchen/dinette, and stainless steel appliances
  • Oversized concrete patio with closing pergola and sun shade, plus porch and patio

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $26.9k $15.00
− Vacancy −$1.4k −$0.80
EGI $25.5k $14.20
− OpEx −$7.6k −$4.26
NOI $17.8k $9.94
1,795 SF · lease $15.00/SF/yr · vacancy 5.32% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$254.9K
$223.1K – $297.4K (±1% cap)
NOI $17,845 @ 7.0% cap · market cap 4.70%
Second Best
Apartment 5plus
$226.9K
$198.5K – $264.7K (±1% cap)
NOI $15,881 @ 7.0% cap · market cap 4.18%
Theoretical Best
Specialty Retail
$501.1K
$438.5K – $584.6K (±1% cap)
NOI $35,077 @ 7.0% cap · market cap 9.23%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Spa & Massage Center Hair Salon HVAC Service

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Duplex - Meticulous 2-bedroom, 2-bath ranch duplex with den/office, sunroom, and an oversized concrete patio with pergola.
Where is this duplex located?
The property is located at 14713 Coral Street Dyer, IN.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: 2021‑built 2‑bedroom, 2‑bath ranch duplex with den/office; Open floorplan with kitchen island, eat‑in kitchen/dinette, and stainless steel appliances; Oversized concrete patio with closing pergola and sun shade, plus porch and patio
More about this property
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