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Paired Villa with Sunroom

10407 Iowa Street Crown Point, IN 46307

10407 Iowa Street, Crown Point, IN, 46307
$329,544
For Sale
$329,544

SINGLE_FAMILY - Crown Point, IN

Property Size1,633 SF
Lot Size0.14 Acres
Price / SF$201.80
Days on Market9

Property Features for 10407 Iowa Street

General Information

Property type
Residential
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
3
Bathrooms
2
Rooms
Bedroom 3, Great Room, Bathroom 2, Bathroom 1, Bedroom 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
16101 108th Ave, Schererville, IN
Listed by Thomas Cummings · License #475158776
Added: Jul 10 Checked: Jul 18 at 5:06 am
MLS# 842058 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 provides 1,633 square feet of living space with three bedrooms and two bathrooms. The home includes a sunroom and an open, well-appointed kitchen featuring quartz countertops, stainless steel appliances, an island, and a pantry.

The primary suite features a generous walk-in closet and an en-suite bath with a double vanity. The remaining three bedrooms share an additional full bath, supporting flexible use for family or guests.

Located at 10407 Iowa Street in Crown Point, Indiana (Lake County), the property sits on a 0.1418-acre lot.

Key Highlights

  • 1,633 sq. ft under construction paired villa with 3 bedrooms and 2 baths
  • Sunroom plus open floorplan with great room and eat‑in kitchen
  • Kitchen features island, pantry, quartz countertops, and stainless steel appliances

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 (±1% cap)
NOI $16,234 @ 7.0% cap · market cap 4.93%
Second Best
Apartment 5plus
$206.4K
$180.6K – $240.8K (±1% cap)
NOI $14,447 @ 7.0% cap · market cap 4.38%
Theoretical Best
Specialty Retail
$455.9K
$398.9K – $531.9K (±1% cap)
NOI $31,911 @ 7.0% cap · market cap 9.68%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Plumbing Service Kitchen & Bath Showroom Cafe & Coffee Shop Computer & Electronic Repair Spa & Massage Center Accounting Firm Restaurant Restaurant Bar & Pub

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

FAQs

What type of property is this?
Duplex - Paired villa offering 3 bedrooms, 2 baths, and a sunroom, with quartz counters and stainless steel appliances.
Where is this duplex located?
The property is located at 10407 Iowa Street Crown Point, IN.
What is the asking price?
The asking price for this property is $329,544.
What are key features of this property?
This property features: 1,633 sq. ft under construction paired villa with 3 bedrooms and 2 baths; Sunroom plus open floorplan with great room and eat‑in kitchen; Kitchen features island, pantry, quartz countertops, and stainless steel appliances
Contact an agent
More about this property
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