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Duplex with Daylight Basement

10340 Lakeview, St John, IN 46373

For Sale
New
$499,000

Residential, St. John, IN

Property Size1,750 SF
Lot Size0.24 Acres
Price / SF$285.14
Days on Market2

Property Features for 10340 Lakeview

General Information

Property type Residential
Property subtype Duplex
Property condition Under Construction
Zoning description residential
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Laundry Room, Family Room, Bathroom 2, Bedroom 2, Basement, Bathroom 1, Bedroom 3, Dining Room, Laundry Room, Bedroom 1
Parking features Garage, Open, Oversize, Driveway
Window features Insulated Windows
Patio and Porch features Porch
Interior features Cathedral Ceiling(s), Vaulted Ceiling(s), Pantry, Open Floorplan, Kitchen Island, High Ceilings, Granite Counters, Double Vanity, Ceiling Fan(s)
Exterior features Private Yard
Basement Unfinished, Full, Daylight
Appliances Dishwasher, Stainless Steel Appliance(s), Refrigerator, Microwave, Gas Water Heater, Gas Range
Subdivision Three Spgs Add
Lot features Back Yard, Private, 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
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
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 Natural Gas, Forced Air
Water source Public

Amenities

fireplace
upper-level laundry
lanai
covered rear porch

Building Details

Year built 2026
Floors in Building 1
Buildings 1
Listing Agency: Keller Williams Preferred Real · Keller Williams Realty
Listed By: Thomas Cummings
Added: Nov 12 Last Checked: Nov 13 at 11:06PM
MLS# 848233

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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 2026 duplex is under construction and includes 1,750 square feet of property area on a 0.24-acre lot. The interior plan includes an open floor plan, cathedral and vaulted ceilings, a kitchen pantry, and a family room with a fireplace. The full daylight basement has 9-foot foundation walls and a bathroom rough-in. A finished attached garage, upper-level laundry, and 14-by-14-foot lanai are also part of the property.

Exterior details include stone, board-and-batten, and vinyl siding, Andersen 100 Series double-hung windows, architectural shingles, and a covered rear porch. The property has natural gas forced-air heating, a gas water heater, public water, and public sewer.

Key Highlights

  • 1,750 square feet of property area on a 0.24‑acre lot
  • Full daylight basement with 9‑foot foundation walls and bathroom rough‑in
  • 14‑by‑14‑foot lanai and covered rear porch

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,397
Cap Rate
3.49%
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 3.49%
Second Best
Apartment 5plus
$221.2K
$193.5K – $258.1K (±1% cap)
NOI $15,483 @ 7.0% cap · market cap 3.10%
Theoretical Best
Specialty Retail
$488.5K
$427.5K – $570.0K (±1% cap)
NOI $34,197 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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

Market

Average Price Trend$/SF for Duplexes in Lake County, IN

$189 Jul
$183 Aug
$181 Sep
$170 Oct

Properties on Market for Duplexes in Lake County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Under-construction property features open living areas, a finished attached garage, and a covered outdoor lanai.
Where is this duplex located?
The property is located at 10340 Lakeview St John, IN.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 1,750 square feet of property area on a 0.24‑acre lot; Full daylight basement with 9‑foot foundation walls and bathroom rough‑in; 14‑by‑14‑foot lanai and covered rear porch
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Includes: Price & PSF · Cap rate · Location · Zoning

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