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Half Duplex with Finished Basement

6760 Coffman Drive Schererville, IN 46375

6760 Coffman Drive, Schererville, IN, 46375
$350,000
For Sale
$350,000

SINGLE_FAMILY - Schererville, IN

Property Size2,470 SF
Lot Size0.29 Acres
Price / SF$141.70
Days on Market50

Property Features for 6760 Coffman Drive

General Information

Property type
Residential
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Laundry Room, Family Room, Basement, Bathroom 2, Bedroom 2
Parking features
Driveway, Garage, Open
Patio and Porch features
Porch, Patio
Interior features
Ceiling Fan(s), Walk-In Closet(s), Vaulted Ceiling(s), Stone Counters, Recessed Lighting, Open Floorplan, Eat-in Kitchen, Entrance Foyer
Exterior features
Rain Gutters
Basement
Sump Pump, Daylight, Storage Space, Full, Partially Finished
Appliances
Dryer, Washer, Range Hood, Refrigerator, Gas Range, Dishwasher
Standard status
Active
APN
451112379001000036
Size
2,470 SF
Lot size
0.29 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
COFFMAN ESTATES LOT 5 EX. PT. OF N'LY 86.14FT
Tax Annual Amount
2840

Utilities

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

Building Details

Year built
2005
Floors in Building
1
Listing Agency Advanced Real Estate, LLC
1121 Merrillville Rd, Crown Point, IN
Listed by Kelly Titus
Added: May 30 Checked: Jul 18 at 1:06 pm
MLS# 839847 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.

This half duplex offers a spacious 4-bedroom, 2-bath layout with nearly 2,500 sq. ft. of finished living space. The interior features vaulted ceilings and an open concept design, with newer laminate flooring in the bedrooms. The primary suite includes its own en-suite bath. Both bathrooms have updated vanities, sinks, and plumbing, with refreshed shower trim in the guest bath.

The finished basement adds nearly 900 sq. ft., including a 4th bedroom/office with egress. Major mechanicals are in great shape, with a water heater under a year old, and newer furnace and central air.

Set on one of the larger parcels in the subdivision, the backyard provides a view of the Erie Lackawanna Bike/Walk Trail, offering privacy and outdoor enjoyment. No HOA.

Key Highlights

  • Nearly 2,500 sq ft of finished living space in a 4‑bedroom, 2‑bath half duplex built in 2005
  • Open floorplan with vaulted ceilings, eat‑in kitchen, recessed lighting, stone counters, and an entrance foyer
  • Primary suite includes an en‑suite bath, plus walk‑in closet(s) in the bedrooms

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 $42.1k $17.04
− Vacancy −$2.4k −$0.95
EGI $39.7k $16.09
− OpEx −$17.9k −$7.24
NOI $21.9k $8.85
2,470 SF · lease $17.04/SF/yr · vacancy 5.60% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$312.2K
$273.2K – $364.2K (±1% cap)
NOI $21,853 @ 7.0% cap · market cap 6.24%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$689.5K
$603.3K – $804.5K (±1% cap)
NOI $48,267 @ 7.0% cap · market cap 13.79%
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

Suggested Use

Dental Office Law Firm Real Estate Agency Hair Salon Restaurant Auto Repair Shop Spa & Massage Center HVAC Service Electrical Service Nail Salon

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

FAQs

What type of property is this?
Single family property - Spacious 4-bed, 2-bath half duplex with an open layout, updated finishes, and a finished basement with egress.
Where is this single family property located?
The property is located at 6760 Coffman Drive Schererville, IN.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Nearly 2,500 sq ft of finished living space in a 4‑bedroom, 2‑bath half duplex built in 2005; Open floorplan with vaulted ceilings, eat‑in kitchen, recessed lighting, stone counters, and an entrance foyer; Primary suite includes an en‑suite bath, plus walk‑in closet(s) in the bedrooms
Contact an agent
More about this property
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