Half Duplex Ranch
7849 Wright Street Merrillville, IN 46410
New
7849 Wright Street, Merrillville, IN, 46410
$295,000
For Sale
$295,000
SINGLE_FAMILY - Merrillville, IN
Property Size1,348 SF
Lot Size0.20 Acres
Price / SF$218.84
Days on Market2
Property Features for 7849 Wright Street
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Kitchen, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 2, Laundry Room
- Parking features
- Driveway, Open, Garage, Off Street
- Patio and Porch features
- Patio, Porch
- Interior features
- Ceiling Fan(s), Walk-In Closet(s), Open Floorplan, Eat-in Kitchen
- Basement
- Crawl Space
- Appliances
- Dryer, Washer, Refrigerator, Microwave, Gas Water Heater, Gas Range, Dishwasher
- Standard status
- Active
- APN
- 451219126037000030
- Size
- 1,348 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- FOX MOOR UNIT 1C S'LY 35.37FT OF LOT 22
- Tax Annual Amount
- 2677
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 2019
- Floors in Building
- 1
Listing Agency
Realty Executives Premier
(219) 462-2224
112 W. Clark, Valparaiso, IN
Listed by
Steve Jamrok
(219) 306-0333
Added: Jul 17 Checked: Jul 18 at 5:06 am
MLS# 842487
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 one-owner ranch half duplex offers low-maintenance main level living with three bedrooms and two bathrooms. The interior features an open concept floor plan and a spacious eat-in kitchen with ample cabinet and counter space for storage. The primary bedroom includes a private ensuite bathroom with a walk-in shower and a walk-in closet, and two additional bedrooms share a full bath.
Outside, the property includes a stone patio overlooking a spacious backyard. A convenient main floor laundry room provides direct access to the attached finished two-car garage.
The home is located in the Fox Moor Subdivision in Merrillville, Indiana, and is described as being near shopping, restaurants, everyday amenities, and major highways for quick access to the area. Interior photos are planned to be live by Monday. A Tesla charging dock in the garage is noted as not included with the sale.
Outside, the property includes a stone patio overlooking a spacious backyard. A convenient main floor laundry room provides direct access to the attached finished two-car garage.
The home is located in the Fox Moor Subdivision in Merrillville, Indiana, and is described as being near shopping, restaurants, everyday amenities, and major highways for quick access to the area. Interior photos are planned to be live by Monday. A Tesla charging dock in the garage is noted as not included with the sale.
Key Highlights
- 2019‑built 3‑bedroom, 2‑bath ranch half duplex in the Fox Moor Subdivision
- Open floorplan with an eat‑in kitchen
- Primary bedroom includes an ensuite bath with walk‑in shower and a walk‑in closet
Local Financial Insights For Multifamily LT 5
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 | $20.2k | $15.00 |
| − Vacancy | −$1.1k | −$0.80 |
| EGI | $19.1k | $14.20 |
| − OpEx | −$5.7k | −$4.26 |
| NOI | $13.4k | $9.94 |
1,348 SF · lease $15.00/SF/yr · vacancy 5.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$191.4K
$167.5K – $223.4K
NOI $13,401 @ 7.0% cap · market cap 4.54%
Second Best
Apartment 5plus
$170.4K
$149.1K – $198.8K
NOI $11,926 @ 7.0% cap · market cap 4.04%
Theoretical Best
Specialty Retail
$376.3K
$329.3K – $439.0K
NOI $26,342 @ 7.0% cap · market cap 8.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - 3-bed, 2-bath ranch half duplex with an open floor plan, stone patio, and attached finished 2-car garage.
Where is this duplex located?
The property is located at 7849 Wright Street Merrillville, IN.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 2019‑built 3‑bedroom, 2‑bath ranch half duplex in the Fox Moor Subdivision; Open floorplan with an eat‑in kitchen; Primary bedroom includes an ensuite bath with walk‑in shower and a walk‑in closet
