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    8943 N 300 W Lake Village, IN 46349

    Pending
    For Sale
    $525,000

    Multi Family - Lake Village, IN

    Type:Single Family Attached
    Property size:
    4,608 SF
    Lot size:
    1.16 Acres
    Days on Market:
    44
    Last Refresh:
    Dec 7 at 3:06 am

    Property Features for 8943 N 300 W

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Attached
    Standard status
    Pending
    Security features
    Security Lighting, Smoke Detector(s)
    Rooms
    Basement
    APN
    560422222006000012
    Parking features
    Off Street
    Interior features
    Entrance Foyer
    Exterior features
    Corner Lot, Security Lights
    Basement Y/N
    1
    Appliances
    Range, Refrigerator
    Size
    4,608 SF
    Lot size
    1.16 Acres

    Utilities

    Heating system
    Baseboard

    Building Details

    Year built
    1972
    Architectural style
    Other

    Re/Max Executives (219) 987-2230 [email protected]

    Listing agent Trisha Potts (219) 987-2230 License #RB14046118

    Listing date Oct 25, 2025

    MLS# 828984 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

    Remodeled Multifamily Property with Expansion Potential

    Available for the first time in decades, this multifamily property presents an investment opportunity with value-add options. The property features four completely remodeled units, with three currently rented and one vacant for easy viewing. There is potential to complete two additional units in the lower level. The seller is including already-purchased building materials, including kitchen cabinets. All units are separately metered. The property operates on well and septic systems, eliminating water and sewer charges. Situated on a 1.157-acre lot, there is potential to add storage sheds, rentable garage spaces, or potentially even a duplex or similar structure. The property contains 4,608 square feet and is located in Lake Village, Indiana.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Department Store Grocery Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Village
    County
    Newton
    State
    Indiana
    Longitude
    -87.448459
    Latitude
    41.129265

    FAQs

    What type of property is this?
    Apartment building - Multifamily property with four remodeled units and expansion possibilities.
    Where is this apartment building located?
    The property is located at 8943 N 300 W Lake Village, IN.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: - Four completely remodeled units, three currently rented for immediate income.; - Potential to add two additional units in the lower level.; - Large lot with potential to add storage, garages, or another structure.
    (219) 987-2230
    Request Owner's contact information
    8943 N 300 W Lake Village, IN 46349
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    Lake Village, IN 46349
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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
    8943 N 300 W Lake Village, IN 46349
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