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    150-152 N 16Th St Chesterton, IN 46304

    For Sale
    $499,900

    Duplex - Chesterton, IN

    Type:Duplex
    Lot size:
    0.19 Acres
    Days on Market:
    16
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 150-152 N 16Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    Bathrooms
    6
    APN
    640335412001000023
    Parking features
    Driveway, Garage
    Pets allowed
    No
    Interior features
    Ceiling Fan(s), Walk-in Closet(s), Granite Counters
    Appliances
    Dishwasher, Microwave, Range, Refrigerator, Washer
    Lot size
    0.19 Acres

    Utilities

    Heating system
    Central, Forced Air, Natural Gas

    Building Details

    Year built
    2022
    Floors in Building
    2
    Architectural style
    Other

    McColly Real Estate (219) 864-7200 [email protected]

    Listing agent Paul Boyter (219) 926-1616 License #RB14020663

    Listing date Nov 20, 2025

    MLS# 831008 Listing URL

    Copyright © 2025 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.

    Overview

    New Duplex Near Indiana Dunes

    This newly completed duplex, finished in 2024, presents an investment opportunity. The property features two units, each offering 3 bedrooms, 3 bathrooms, and a one-car garage. Both sides are currently leased, providing immediate rental income. The main level showcases LVP flooring, while the primary suite includes a walk-in closet. Quality finishes such as 6-panel oak interior doors add character throughout. The property is located near downtown Chesterton and Porter, the South Shore Train Station, and Indiana Dunes State Park. The lot size is 0.19 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chesterton
    County
    Porter
    State
    Indiana
    Longitude
    -87.073957
    Latitude
    41.613115

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    FAQs

    What type of property is this?
    Duplex - Newly built duplex with immediate rental income near Indiana Dunes.
    Where is this duplex located?
    The property is located at 150-152 N 16Th St Chesterton, IN.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: - Immediate rental income from two currently leased units.; - Each unit features 3 bedrooms and 3 bathrooms with a one-car garage.; - Prime location near downtown Chesterton, Porter, and the South Shore Train Station.
    (219) 926-1616
    Request Owner's contact information
    150-152 N 16Th St Chesterton, IN 46304
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    Chesterton, IN 46304
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    150-152 N 16Th St Chesterton, IN 46304
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