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2-Bedroom, 2-Bath Home

14286 Clover Avenue Cedar Lake, IN 46303

14286 Clover Avenue, Cedar Lake, IN, 46303
$330,000
For Sale
$330,000

SINGLE_FAMILY - Cedar Lake, IN

Property Size1,825 SF
Lot Size0.17 Acres
Price / SF$180.82
Days on Market24

Property Features for 14286 Clover Avenue

General Information

Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Rooms
Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2, Dining Room
Interior features
Granite Counters, Walk-In Closet(s), Recessed Lighting, Open Floorplan, Kitchen Island
Appliances
Built-In Gas Range, Washer, Refrigerator, Microwave, Dishwasher, Dryer
Standard status
Active
APN
451533254010000014
Size
1,825 SF
Lot size
0.17 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
ROSE GARDEN ESTATES PUD PHASE 2 LOT 220-1
Tax Annual Amount
6480

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public

Building Details

Year built
2023
Floors in Building
1
Listing Agency Realty Executives Premier
310 E. Lincolnway, Valparaiso, IN
Listed by Megan Mellis
Added: Jun 25 Checked: Jul 18 at 5:06 am
MLS# 841239 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 2-bedroom, 2-bath home at 14286 Clover Avenue in Cedar Lake is presented as maintenance-free and designed for easy living. Inside, the layout is open and airy, highlighted by an oversized island that supports comfortable everyday living and entertaining. The community setting is described as a quiet cul-de-sac within Rose Garden Estates, a resort-style community.

The property includes lawn care and exterior maintenance, reducing day-to-day upkeep. Beyond the home, residents can access resort-inspired community features and recreational opportunities. The listing also notes convenience to local dining, shopping, entertainment, and waterfront attractions. Lot size is 0.1703 acres, with 1,825 square feet of living space.

Key Highlights

  • 2023‑built 2‑bedroom, 2‑bath home in a quiet cul‑de‑sac
  • Open floorplan with recessed lighting and kitchen island
  • Granite counters and walk‑in closet(s)

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 $27.4k $15.00
− Vacancy −$1.5k −$0.80
EGI $25.9k $14.20
− OpEx −$7.8k −$4.26
NOI $18.1k $9.94
1,825 SF · lease $15.00/SF/yr · vacancy 5.32% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$259.2K
$226.8K – $302.4K (±1% cap)
NOI $18,143 @ 7.0% cap · market cap 5.50%
Second Best
Apartment 5plus
$230.7K
$201.8K – $269.1K (±1% cap)
NOI $16,146 @ 7.0% cap · market cap 4.89%
Theoretical Best
Specialty Retail
$509.5K
$445.8K – $594.4K (±1% cap)
NOI $35,663 @ 7.0% cap · market cap 10.81%
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

Dental Office Hair Salon Auto Repair Shop Pharmacy HVAC Service Big Box & Wholesale Store Building Supply Restaurant Storage Facility (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Maintenance-free home in Rose Garden Estates, offering an airy interior with an oversized island and included lawn and exterior care.
Where is this duplex located?
The property is located at 14286 Clover Avenue Cedar Lake, IN.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 2023‑built 2‑bedroom, 2‑bath home in a quiet cul‑de‑sac; Open floorplan with recessed lighting and kitchen island; Granite counters and walk‑in closet(s)
Contact an agent
More about this property
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