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Brick Ranch Duplex

11649 Upper Peninsula Place, St John, IN 46373

For Sale
$410,000
Pending

Residential, St. John, IN

Property Size1,937 SF
Lot Size0.17 Acres
Days on Market54

Property Features for 11649 Upper Peninsula Place

General Information

Property type Residential
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 1
Rooms Laundry Room, Bedroom 1, Dining Room, Bathroom 2, Bathroom 1, Bedroom 2
Parking features Open, Garage, Driveway
Interior features Ceiling Fan(s), Walk-In Closet(s), Vaulted Ceiling(s), Recessed Lighting, Open Floorplan, High Ceilings, Granite Counters, Eat-in Kitchen, Entrance Foyer, Crown Molding
Fireplace 1
Basement Crawl Space
Appliances Dryer, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Gas Water Heater, Gas Range, ENERGY STAR Qualified Appliances, Dishwasher
Subdivision Peninsula
Lot features Back Yard, Rectangular Lot, Private, Landscaped, Few Trees, Corner Lot
Directions Wicker Ave to W 97th Ln, left on Hedwig Dr, left on Bull Run Dr, right on Upper Peninsula Pl., left on Upper Peninsula Lane to house on left
Standard status Pending
APN 451505207001000015
Size 1,937 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description PENINSULA PT. OF NW'LY 64.90FT OF LOT 28
Tax Annual Amount 2913
HOA Fee $600 Semi-Annually
Legal Description PENINSULA PT. OF NW'LY 64.90FT OF LOT 28

Utilities

Sewer type Public Sewer
Heating system Energy Star Qualified Equipment (Heating), Natural Gas, Forced Air
Water source Public

Amenities

fireplace
sunroom
deck with retractable awning
whole house generator
attached garage

Building Details

Year built 2014
Floors in Building 1
Listing Agency: Keller Williams Preferred Real · Keller Williams Realty
Listed By: O'Day Abdulla
Added: Sep 17 Changed: Oct 26 Last Checked: Nov 9 at 8:06PM
MLS# 845504

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.

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Investment Insights

Based on property information with market context.

This brick ranch duplex residence offers 1,937 square feet with two bedrooms, two bathrooms, and a dedicated office. The interior includes hardwood flooring, vaulted ceilings, recessed lighting, crown molding, and an open living area centered around a fireplace. Granite countertops, a gas range, stainless steel appliances, and an eat-in kitchen support everyday use and entertaining. A window-lined sunroom extends the living space, while the primary bedroom includes a walk-in closet and ensuite shower.

Outdoor features include a deck with an automatic retractable awning, landscaped grounds, and mature trees along the rear of the 0.168-acre lot. The attached two-car garage has professionally epoxied flooring. Built in 2014, the property has public water and public sewer, along with forced-air natural gas heating and a whole-house generator installed in 2025. The property is located in St. John, Indiana, within Lake County and postal code 46373.

Key Highlights

  • Duplex residence with 1,937 square feet of living area
  • Two bedrooms, two bathrooms, and a dedicated private office
  • Sunroom, fireplace, vaulted ceilings, hardwood flooring, and granite countertops

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,256
Cap Rate
4.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$385,120 $385.1K
Cap Rate 7%
$275,086 $275.1K
Cap Rate 9%
$213,956 $214.0K
Market Conditions
NOI Build-Up for 1,937 SF
Gross rent
$29.1K $15.00/SF
− Vacancy
−$1.5K −$0.80/SF
EGI
$27.5K $14.20/SF
− OpEx
−$8.3K −$4.26/SF
NOI
$19.3K $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%
$385,120
Cap Rate 7%
$275,086
Cap Rate 9%
$213,956

Alternative Uses

Best Use
Multifamily LT 5
$275.1K
$240.7K – $320.9K (±1% cap)
NOI $19,256 @ 7.0% cap · market cap 4.70%
Second Best
Apartment 5plus
$244.8K
$214.2K – $285.6K (±1% cap)
NOI $17,137 @ 7.0% cap · market cap 4.18%
Theoretical Best
Specialty Retail
$540.7K
$473.1K – $630.9K (±1% cap)
NOI $37,851 @ 7.0% cap · market cap 9.23%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Location Intelligence

Trade Area within ½ mile

335
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

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 - Well-appointed duplex residence with a sunroom, private office, vaulted ceilings, and an attached two-car garage.
Where is this duplex located?
The property is located at 11649 Upper Peninsula Place St John, IN.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Duplex residence with 1,937 square feet of living area; Two bedrooms, two bathrooms, and a dedicated private office; Sunroom, fireplace, vaulted ceilings, hardwood flooring, and granite countertops
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