Paired Villa
10405 Iowa Street Crown Point, IN 46307
10405 Iowa Street, Crown Point, IN, 46307
$331,751
For Sale
$331,751
SINGLE_FAMILY - Crown Point, IN
Property Size1,633 SF
Lot Size0.14 Acres
Price / SF$203.15
Days on Market9
Property Features for 10405 Iowa Street
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Property condition
- Under Construction
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bedroom 1, Den, Bathroom 2, Bathroom 1, Bedroom 2
- Parking features
- Open, Garage
- Patio and Porch features
- Patio
- Interior features
- Double Vanity, Walk-In Closet(s), Pantry, Open Floorplan, Kitchen Island, Eat-in Kitchen
- Exterior features
- Rain Gutters
- Appliances
- Disposal, Stainless Steel Appliance(s), Refrigerator, Range, Microwave, Dishwasher
- Standard status
- Active
- Size
- 1,633 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 1111
- Tax Description
- Lot 131 in Greenview Subdivision Phase 1, as per plat thereof recorded in plat book 119, page 32 as document number 2025-027953 in the Office of the Recorder on Lake County Indiana
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 2026
- Floors in Building
- 1
Listing Agency
Keller Williams Preferred Real
(708) 798-1111
16101 108th Ave, Schererville, IN
Listed by
Thomas Cummings · License #475158776
(708) 717-4057
Added: Jul 10 Checked: Jul 18 at 8:06 am
MLS# 842055
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 paired villa offers 2 bedrooms and 2 baths, along with a flex room with French doors and a sunroom. The kitchen is equipped with quartz countertops, stainless steel appliances, an island for entertaining, and a pantry. In the primary suite, you’ll find a generous walk-in closet and an en-suite bath with a double bowl vanity, plus a second bedroom and full bath to support family or guest space.
Located at 10405 Iowa Street in Crown Point, Indiana (Lake County), this home is set on a 0.1418-acre lot and is presented as a for-sale residence with a low-maintenance, maintenance-free lifestyle emphasis in the remarks.
Located at 10405 Iowa Street in Crown Point, Indiana (Lake County), this home is set on a 0.1418-acre lot and is presented as a for-sale residence with a low-maintenance, maintenance-free lifestyle emphasis in the remarks.
Key Highlights
- 1,633 sq. ft paired villa under construction (Year built: 2026) with 2 bedrooms and 2 bathrooms
- Flex room with French doors for an office or den, plus a sunroom
- Kitchen with quartz countertops, kitchen island, pantry, and stainless steel appliances (refrigerator, range, microwave, dishwasher, disposal)
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 | $24.5k | $15.00 |
| − Vacancy | −$1.3k | −$0.80 |
| EGI | $23.2k | $14.20 |
| − OpEx | −$7.0k | −$4.26 |
| NOI | $16.2k | $9.94 |
1,633 SF · lease $15.00/SF/yr · vacancy 5.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$231.9K
$202.9K – $270.6K
NOI $16,234 @ 7.0% cap · market cap 4.89%
Second Best
Apartment 5plus
$206.4K
$180.6K – $240.8K
NOI $14,447 @ 7.0% cap · market cap 4.35%
Theoretical Best
Specialty Retail
$455.9K
$398.9K – $531.9K
NOI $31,911 @ 7.0% cap · market cap 9.62%
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 - Paired villa with 2 bedrooms, 2 baths, a flex room, and a sunroom, featuring a quartz kitchen with stainless appliances.
Where is this duplex located?
The property is located at 10405 Iowa Street Crown Point, IN.
What is the asking price?
The asking price for this property is $331,751.
What are key features of this property?
This property features: 1,633 sq. ft paired villa under construction (Year built: 2026) with 2 bedrooms and 2 bathrooms; Flex room with French doors for an office or den, plus a sunroom; Kitchen with quartz countertops, kitchen island, pantry, and stainless steel appliances (refrigerator, range, microwave, dishwasher, disposal)
