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New Duplex With One-Car Garages
For Sale
$499,900

150-152 N 16th Street, Chesterton, IN 46304

MULTI_FAMILY - Chesterton, IN

Property SizeContact for details
Lot Size0.19 Acres
Days on Market271

Property Features for 150-152 N 16th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 6
Full bathrooms 4
Half bathrooms 2
Rooms Bedroom 6, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 6, Bathroom 4, Bathroom 3, Bathroom 2, Bedroom 2, Bathroom 5
Parking features Driveway, Garage, Open
Interior features Ceiling Fan(s), Walk-In Closet(s), Granite Counters
Appliances Dishwasher, Stainless Steel Appliance(s), Refrigerator, Range, Microwave
Subdivision Simmons Add
Lot features Back Yard, Landscaped, Front Yard
Directions Broadway to Jackson Blvd. to 16th St.
Standard status Active
APN 640335412001000023
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description SIMMONS ADD REPLAT BLK 2 LOTS 38 THROUGH 42 LOT A .17A
Tax Annual Amount 8383
Legal Description SIMMONS ADD REPLAT BLK 2 LOTS 38 THROUGH 42 LOT A .17A

Utilities

Sewer type Public Sewer
Heating system Central, Natural Gas, Forced Air
Water source Public

Building Details

Year built 2022
Floors in Building 2
Listing Agency: McColly Real Estate
Listed By: Paul Boyter · License #IN-14020663
Added: Nov 18, 2025 Changed: Aug 1 Last Checked: Aug 16 at 2:06PM
MLS# 831008

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 newly completed duplex was finished in 2024 and offers two spacious, leased units. Each side features three bedrooms and three bathrooms, along with a convenient one-car garage. Interior highlights include durable LVP flooring on the main level, a walk-in closet in the primary suite, granite counters, and 6-panel oak interior doors. Appliances include a dishwasher, stainless steel appliance package, refrigerator, range, and microwave.

The property sits on a 0.19-acre lot at 150-152 N 16th Street in Chesterton, IN (Porter County). Heating is forced air with central systems using natural gas, and utilities are served by public water and public sewer. The property is set up for straightforward occupancy given that both sides are currently leased.

Built in 2022 and completed for 2024, this duplex blends recent construction with established finishes and an income-producing configuration of two independent units.

Key Highlights

  • Finished in 2024, duplex configuration with both sides currently leased
  • Two three‑bedroom, three‑bath units in a single duplex building
  • One‑car garages for each unit plus driveway and open parking

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Hair Salon Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

291
Businesses Nearby

Demographics for 46304, IN

26,835
Population
11,521
Households
2.3
Avg Household Size
41
Median Age
35%
College-Educated
96%
High-School Grad
57.8 sq mi
ZIP Area
464
Density / Sq Mi
$88,551
Median Household Income
$52,704
Median Earnings
$1,169
Median Rent
$278,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Newly completed duplex with two leased three-bedroom, three-bath units and one-car garages.
Where is this duplex located?
The property is located at 150-152 N 16th Street Chesterton, IN.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Finished in 2024, duplex configuration with both sides currently leased; Two three‑bedroom, three‑bath units in a single duplex building; One‑car garages for each unit plus driveway and open parking
More about this property
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