Half Duplex with Attached
14826 Carey Street Cedar Lake, IN 46303
14826 Carey Street, Cedar Lake, IN, 46303
$329,500
Pending
For Sale
$329,500
Pending
SINGLE_FAMILY - Cedar Lake, IN
Property Size1,580 SF
Lot Size0.15 Acres
Days on Market404
Property Features for 14826 Carey Street
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Property condition
- Under Construction
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Laundry Room, Bedroom 1, Kitchen, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2
- Parking features
- Open, Garage, Driveway
- Patio and Porch features
- Porch, Patio
- Interior features
- Ceiling Fan(s), Walk-In Closet(s), Recessed Lighting, Open Floorplan, High Ceilings, Granite Counters
- Exterior features
- Rain Gutters
- Standard status
- Pending
- APN
- 451533476009000014
- Size
- 1,580 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Description
- LYNNSWAY UNIT 2 LOT 63 (14826-A CAREY ST)
- Tax Annual Amount
- 7
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 2025
- Floors in Building
- 1
Listing Agency
McColly Real Estate
(219) 322-5508
850 Deer Creek Dr, Schererville, IN
Listed by
Gina Guarino · License #475133794
(219) 765-6698
Added: Jun 10, 2025 Checked: Jul 18 at 3:06 pm
MLS# 822270
Listing URL
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.
Brand-new half duplex offering a spacious front living room with vaulted ceilings and an open flow into a kitchen with granite countertops and abundant cabinetry. The home provides access from the kitchen to a back patio, along with a primary bedroom that includes an ensuite bathroom and walk-in closet. Two additional bedrooms are served by a full bathroom, and the home also features a finished laundry room for added convenience. Public water and sewer are in place, and there is an attached two-car garage.
Located just minutes from Cedar Lake’s local schools, shopping, and other everyday amenities, this home is ready now for a personal tour.
Located just minutes from Cedar Lake’s local schools, shopping, and other everyday amenities, this home is ready now for a personal tour.
Key Highlights
- Brand new 2025 construction half duplex
- Spacious front living area with vaulted ceilings and open floorplan
- Granite countertops in an expansive kitchen with access to the back patio
Local Financial Insights For Apartment 5plus
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 | $17.04 |
| − Vacancy | −$1.5k | −$0.95 |
| EGI | $25.4k | $16.09 |
| − OpEx | −$11.4k | −$7.24 |
| NOI | $14.0k | $8.85 |
1,580 SF · lease $17.04/SF/yr · vacancy 5.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$199.7K
$174.7K – $233.0K
NOI $13,979 @ 7.0% cap · market cap 4.24%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$441.1K
$385.9K – $514.6K
NOI $30,875 @ 7.0% cap · market cap 9.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Brand-new half duplex with vaulted living room, granite kitchen, back patio, and an attached two-car garage.
Where is this single family property located?
The property is located at 14826 Carey Street Cedar Lake, IN.
What is the asking price?
The asking price for this property is $329,500.
What are key features of this property?
This property features: Brand new 2025 construction half duplex; Spacious front living area with vaulted ceilings and open floorplan; Granite countertops in an expansive kitchen with access to the back patio
