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Updated Duplex Investment Property
For Sale
$259,900
Pending

2604 Schrage Avenue, Whiting, IN 46394

MULTI_FAMILY - Whiting, IN

Property SizeContact for details
Lot Size0.07 Acres
Days on Market49

Property Features for 2604 Schrage Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 6, Bedroom 2, Bedroom 1, Bedroom 5
Pets allowed Yes
Interior features Open Floorplan
Subdivision Davidsons Add 07
Directions From Calumet Ave., go East onto 129th St., North onto White Oak Ave., East onto 126th St., South on Schrage Ave. to home.
Standard status Pending
APN 450317103021000025
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description DAVIDSON'S 7TH ADD. S. 18 1/2 FT. OF LOT 2 BL. 3 N. 12 1/2 FT. OF LOT 3 BL. 3
Tax Annual Amount 2486
Legal Description DAVIDSON'S 7TH ADD. S. 18 1/2 FT. OF LOT 2 BL. 3 N. 12 1/2 FT. OF LOT 3 BL. 3

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1917
Floors in Building 2
Listing Agency: McColly Real Estate
Listed By: Lisa Reyes
Added: Jun 18 Changed: Aug 1 Last Checked: Aug 5 at 10:06AM
MLS# 840885

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 updated duplex in Whiting features an open floor plan and forced-air heating. The property has seen multiple renovations across both units, including new PEX plumbing, new water heaters, new furnaces, luxury vinyl plank flooring, and fresh paint. Kitchens have been remodeled with soft-close shaker cabinets and quartz countertops. Additional exterior improvements include a new roof and gutters.

Served by public water and public sewer, the home was built in 1917. With its two-unit configuration, it can support a range of residential income needs, whether you’re adding to an investment portfolio or seeking an owner-occupant setup.

The property includes two bathrooms and multiple bedrooms (as listed in the room breakdown), providing flexible space across both units.

Key Highlights

  • Two‑unit duplex with open floor plan and forced‑air heating
  • Renovations include new PEX plumbing, water heaters, and furnaces
  • Luxury vinyl plank flooring and fresh paint throughout

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Auto Parts Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

431
Businesses Nearby

Demographics for 46394, IN

11,725
Population
5,437
Households
2.2
Avg Household Size
41
Median Age
23%
College-Educated
86%
High-School Grad
4.7 sq mi
ZIP Area
2,495
Density / Sq Mi
$66,386
Median Household Income
$41,643
Median Earnings
$970
Median Rent
$162,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Turnkey duplex in Whiting with renovated interiors, new roof, and forced-air heating on public water and sewer.
Where is this duplex located?
The property is located at 2604 Schrage Avenue Whiting, IN.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Two‑unit duplex with open floor plan and forced‑air heating; Renovations include new PEX plumbing, water heaters, and furnaces; Luxury vinyl plank flooring and fresh paint throughout
More about this property
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