Duplex with Covered
For Sale
$309,900
14046 Nantucket Drive, Cedar Lake, IN 46303
Residential, Cedar Lake, IN
Property Size1,348 SF
Lot Size0.18 Acres
Price / SF$229.90
Days on Market49
Property Features for 14046 Nantucket Drive
General Information
Property type
Residential
Property subtype
Duplex
Zoning description
residential
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Laundry Room, Bathroom 2, Kitchen, Bathroom 1, Bedroom 1, Bedroom 2
Parking features
Driveway, Garage, Open
Window features
Blinds
Patio and Porch features
Patio, Porch
Interior features
Ceiling Fan(s), Country Kitchen, Walk-In Closet(s), Vaulted Ceiling(s), Open Floorplan, Granite Counters, Eat-in Kitchen, Entrance Foyer
Exterior features
Rain Gutters
Appliances
Dryer, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Gas Range, Dishwasher
Subdivision
Beacon Pointe-Un 4
Lot features
Back Yard, Rectangular Lot, Landscaped, Front Yard
High school
Hanover Central High School
Elementary school district
Hanover
Middle school district
Hanover
High school district
Hanover
Directions
South on Parrish from W. 133rd Ave, turn east on Liberty Dr, turn South on Nantucket to home on the West side of the road.
Standard status
Active
APN
451527356006000014
Size
1,348 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BEACON POINTE UNIT 4 LOT 113 EX. N.45FT.
Tax Annual Amount
3073
HOA Fee
$170 Monthly
Legal Description
BEACON POINTE UNIT 4 LOT 113 EX. N.45FT.
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Water source
Public
Amenities
laundry room
covered patio
Building Details
Year built
2020
Floors in Building
1
Listing Agency:
Keller Williams Preferred Real · Keller Williams Realty
(708) 798-1111
Listed By:
Michael Felder
(219) 671-2362
Added: Sep 5
Changed: Oct 22
Last Checked: Oct 23 at 6:06PM
MLS# 844898
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 1,348-square-foot duplex residence was built in 2020 and includes two bedrooms and two bathrooms. The interior combines an open living and dining area with a kitchen featuring vaulted ceilings, stainless steel appliances, and abundant natural light. The primary bedroom has a private bathroom and walk-in closet. A finished laundry room includes shelving, a folding table, hanging rack, and utility sink, with the washer and dryer included.
An attached 2.5-car garage has epoxy flooring, while the backyard includes a covered patio. The 0.1756-acre property is served by public water and public sewer. Shopping, restaurants, parks, entertainment, and Cedar Lake are nearby, with access to US-41, Exchange, and I-394 providing connections toward the Illinois border.
An attached 2.5-car garage has epoxy flooring, while the backyard includes a covered patio. The 0.1756-acre property is served by public water and public sewer. Shopping, restaurants, parks, entertainment, and Cedar Lake are nearby, with access to US-41, Exchange, and I-394 providing connections toward the Illinois border.
Key Highlights
- 1,348 square feet on a 0.1756‑acre lot
- Two‑bedroom, two‑bathroom layout with open living, dining, and kitchen areas
- Built in 2020
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,401
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$268,020
$268.0K
Cap Rate 7%
$191,443
$191.4K
Cap Rate 9%
$148,900
$148.9K
Market Conditions
NOI Build-Up for 1,348 SF
Gross rent
$20.2K $15.00/SF
− Vacancy
−$1.1K −$0.80/SF
EGI
$19.1K $14.20/SF
− OpEx
−$5.7K −$4.26/SF
NOI
$13.4K $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%
$268,020
Cap Rate 7%
$191,443
Cap Rate 9%
$148,900
Alternative Uses
Best Use
Multifamily LT 5
$191.4K
$167.5K – $223.4K
NOI $13,401 @ 7.0% cap · market cap 4.32%
Second Best
Apartment 5plus
$170.4K
$149.1K – $198.8K
NOI $11,926 @ 7.0% cap · market cap 3.85%
Theoretical Best
Specialty Retail
$376.3K
$329.3K – $439.0K
NOI $26,342 @ 7.0% cap · market cap 8.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
59
Businesses Nearby
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Business Placement
Demographics for 46303, IN
17,028
Population
6,922
Households
2.5
Avg Household Size
39
Median Age
24%
College-Educated
95%
High-School Grad
28.8 sq mi
ZIP Area
591
Density / Sq Mi
$78,659
Median Household Income
$43,217
Median Earnings
$1,197
Median Rent
$271,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Built in 2020, the property offers an open layout, private primary suite, attached garage, and finished laundry room.
Where is this duplex located?
The property is located at 14046 Nantucket Drive Cedar Lake, IN.
What is the asking price?
The asking price for this property is $309,900.
What are key features of this property?
This property features: 1,348 square feet on a 0.1756‑acre lot; Two‑bedroom, two‑bathroom layout with open living, dining, and kitchen areas; Built in 2020
