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New Construction Duplex
For Sale
$514,900

10340 Lakeview Drive, St John, IN 46373

Residential, St. John, IN

Property Size1,750 SF
Lot Size0.24 Acres
Price / SF$294.23
Days on Market89

Property Features for 10340 Lakeview Drive

General Information

Property type Residential
Property subtype Duplex
Property condition Under Construction
Zoning description residential
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 2, Family Room, Basement, Dining Room, Laundry Room
Parking features Garage, Oversize, Open, Driveway
Window features Insulated Windows
Patio and Porch features Porch
Interior features Cathedral Ceiling(s), Pantry, Open Floorplan, Kitchen Island, High Ceilings, Granite Counters, Double Vanity, Ceiling Fan(s)
Fireplace 1
Basement Full, Unfinished, Daylight
Appliances Dishwasher, Stainless Steel Appliance(s), Refrigerator, Microwave, Gas Water Heater, Gas Range
Subdivision Three Spgs Add
Lot features Back Yard, Landscaped, Front Yard, Few Trees
View Lake, Water
Elementary school district Hanover
Middle school district Hanover
High school district Hanover
Directions South on 41, east on W 93rd Ave, Right on Hart St, Left on W 99th Ave, Right to Springlake Rd, Right on Lakeview Drive.
Standard status Active
APN 451504201002000015
Size 1,750 SF
Lot size 0.24 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description THREE SPRINGS ADD PHASE 3 BL.1 PT. OF LOT 23 (10340 LAKEVIEW DR)
Tax Annual Amount 14
HOA Fee $120 Annually
Legal Description THREE SPRINGS ADD PHASE 3 BL.1 PT. OF LOT 23 (10340 LAKEVIEW DR)

Utilities

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

Amenities

fireplace
lanai
covered rear porch
professional landscaping

Building Details

Year built 2026
Floors in Building 1
Listing Agency: Keller Williams Preferred Real · Keller Williams Realty
Listed By: Thomas Cummings · License #475158776
Added: Jul 16 Changed: Sep 16 Last Checked: Oct 12 at 4:06AM
MLS# 842388

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 under-construction duplex offers 1,750 square feet of living space with an open arrangement linking the kitchen, dining area, and great room. The residence includes a cathedral entry, elevated ceilings, a fireplace, engineered hardwood in the primary living areas, ceramic-tile bathrooms, custom trim, and an upper-level laundry room. The kitchen is equipped with soft-close cabinetry, an oversized sink, walk-in pantry, island, stainless steel appliances, and a gas range. Each side is complemented by a finished attached garage, covered outdoor areas, professional landscaping, and Andersen 100 Series double-hung windows.

The property occupies a 0.2447-acre lot and includes a 14' x 14' lanai. A full daylight basement has 9-foot foundation walls and a bathroom rough-in, providing additional unfinished space. Other systems and infrastructure include high-efficiency HVAC, a direct-vent water heater, natural gas forced-air heating, public water, public sewer, and cable availability. The property is identified as a 2026 build and is currently under construction.

Key Highlights

  • 1,750 square feet of living space in a duplex configuration
  • 0.2447‑acre lot with a 14' x 14' lanai
  • Full daylight basement with 9‑foot foundation walls and bathroom rough‑in

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,397
Cap Rate
3.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,940 $347.9K
Cap Rate 7%
$248,529 $248.5K
Cap Rate 9%
$193,300 $193.3K
Market Conditions
NOI Build-Up for 1,750 SF
Gross rent
$26.3K $15.00/SF
− Vacancy
−$1.4K −$0.80/SF
EGI
$24.9K $14.20/SF
− OpEx
−$7.5K −$4.26/SF
NOI
$17.4K $9.94/SF
Area
Lake County, IN
Vacancy
5.32%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,940
Cap Rate 7%
$248,529
Cap Rate 9%
$193,300

Alternative Uses

Best Use
Multifamily LT 5
$248.5K
$217.5K – $290.0K (±1% cap)
NOI $17,397 @ 7.0% cap · market cap 3.38%
Second Best
Apartment 5plus
$221.2K
$193.5K – $258.1K (±1% cap)
NOI $15,483 @ 7.0% cap · market cap 3.01%
Theoretical Best
Specialty Retail
$488.5K
$427.5K – $570.0K (±1% cap)
NOI $34,197 @ 7.0% cap · market cap 6.64%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

311
Businesses Nearby

Demographics for 46373, IN

17,839
Population
6,616
Households
2.7
Avg Household Size
44
Median Age
42%
College-Educated
94%
High-School Grad
10.9 sq mi
ZIP Area
1,637
Density / Sq Mi
$123,203
Median Household Income
$70,957
Median Earnings
$953
Median Rent
$375,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Under-construction duplex with open living areas, premium finishes, attached garage, and a full daylight basement.
Where is this duplex located?
The property is located at 10340 Lakeview Drive St John, IN.
What is the asking price?
The asking price for this property is $514,900.
What are key features of this property?
This property features: 1,750 square feet of living space in a duplex configuration; 0.2447‑acre lot with a 14' x 14' lanai; Full daylight basement with 9‑foot foundation walls and bathroom rough‑in
More about this property
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