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Leased Three-Bedroom Duplex
For Sale
$499,900

150-152 N 16th Street, Chesterton, IN 46304

Residential Income, Chesterton, IN

Property SizeContact for details
Lot Size0.19 Acres
Days on Market282

Property Features for 150-152 N 16th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 6
Full bathrooms 4
Half bathrooms 2
Rooms Bathroom 4, Bedroom 4, Bathroom 5, Bedroom 2, Bedroom 5, Bedroom 6, Bathroom 2, Bedroom 1, Bedroom 3, Bathroom 3, Bathroom 6, Bathroom 1
Parking features Garage, Open, Driveway
Interior features Ceiling Fan(s), Walk-In Closet(s), Granite Counters
Appliances Dishwasher, Stainless Steel Appliance(s), Refrigerator, Range, Microwave
Subdivision Simmons Add
Lot features Back Yard, Landscaped, Front Yard
Directions Broadway to Jackson Blvd. to 16th St.
Standard status Active
APN 640335412001000023
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description SIMMONS ADD REPLAT BLK 2 LOTS 38 THROUGH 42 LOT A .17A
Tax Annual Amount 8383
Legal Description SIMMONS ADD REPLAT BLK 2 LOTS 38 THROUGH 42 LOT A .17A

Utilities

Sewer type Public Sewer
Heating system Forced Air, Central, Natural Gas
Water source Public

Building Details

Year built 2022
Floors in Building 2
Listing Agency: McColly Real Estate
Listed By: Paul Boyter · License #IN-14020663
Added: Nov 18, 2025 Changed: Aug 27 Last Checked: Aug 27 at 9:06AM
MLS# 831008

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.

This duplex contains two residential units, with each offering 3 bedrooms, 3 bathrooms, and a one-car garage. Both units are leased. Interior details include LVP flooring on the main level, granite counters, stainless steel appliances, ceiling fans, and 6-panel oak interior doors. Each primary suite includes a walk-in closet, while forced-air central heating is supplied by natural gas.

The property occupies 0.19 acres at 150-152 N 16th Street in Chesterton. Public water and public sewer serve the property, with additional parking available through driveways and open spaces. The location is near downtown Chesterton and Porter, the South Shore Train Station, and Indiana Dunes State Park.

Key Highlights

  • Two‑unit duplex with 3 bedrooms and 3 bathrooms per unit
  • Both units are leased
  • Each unit includes a one‑car garage

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Hair Salon Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

291
Businesses Nearby

Demographics for 46304, IN

26,835
Population
11,521
Households
2.3
Avg Household Size
41
Median Age
35%
College-Educated
96%
High-School Grad
57.8 sq mi
ZIP Area
464
Density / Sq Mi
$88,551
Median Household Income
$52,704
Median Earnings
$1,169
Median Rent
$278,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two occupied units offer individual garages, durable finishes, and access to public water and sewer.
Where is this duplex located?
The property is located at 150-152 N 16th Street 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: Two‑unit duplex with 3 bedrooms and 3 bathrooms per unit; Both units are leased; Each unit includes a one‑car garage
More about this property
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