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Remodeled Duplex With Separate Dwellings
New
For Sale
$299,900

1724 Lake Avenue, Whiting, IN 46394

Residential Income, Whiting, IN

Property SizeContact for details
Lot Size0.09 Acres
Days on Market3

Property Features for 1724 Lake Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Basement, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2
Parking features On Street
Pets allowed Call
Basement Unfinished
Appliances Dishwasher, Refrigerator, Microwave, Gas Range
Subdivision Sheffield Add
Lot features Front Yard
Directions From Calumet Ave, turn East on E 118th St, then turn North on Lake Ave. Property will be on the left.
Standard status Active
APN 450307103023000023
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description SHEFFIELD ADD. L.9 BL.7
Tax Annual Amount 2092
Legal Description SHEFFIELD ADD. L.9 BL.7

Utilities

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

Building Details

Year built 1923
Floors in Building 1
Listing Agency: Weichert Realtors - Shoreline
Listed By: Steven Monsma
Added: Aug 28 Last Checked: Aug 30 at 5:06PM
MLS# 844483

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 duplex property includes two remodeled single-family dwellings on a 0.0854-acre lot. The front residence provides 3 bedrooms, 1 bathroom, 936 finished square feet, and an unfinished basement. The rear residence adds 2 bedrooms, 1 bathroom, and 696 finished square feet, creating a five-bedroom, two-bathroom configuration across both homes.

Each dwelling includes a dishwasher, refrigerator, microwave, and gas range. Heating is provided by natural gas forced air, while public water and public sewer serve the property. Parking is available on the street. Built in 1923, the property is located near downtown Whiting and offers a practical setup for occupying one home while leasing the other.

Key Highlights

  • Two remodeled single‑family dwellings on a 0.0854‑acre lot
  • Front home: 3 bedrooms, 1 bathroom, 936 finished square feet, and unfinished basement
  • Rear home: 2 bedrooms, 1 bathroom, and 696 finished square feet

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Kitchen & Bath Showroom Food Market Grocery & Convenience Store

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

446
Businesses Nearby

Demographics for 46394, IN

11,725
Population
5,437
Households
2.2
Avg Household Size
41
Median Age
23%
College-Educated
86%
High-School Grad
4.7 sq mi
ZIP Area
2,495
Density / Sq Mi
$66,386
Median Household Income
$41,643
Median Earnings
$970
Median Rent
$162,900
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 - Two updated homes support an owner-occupant arrangement with rental income from the second dwelling.
Where is this duplex located?
The property is located at 1724 Lake Avenue Whiting, IN.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Two remodeled single‑family dwellings on a 0.0854‑acre lot; Front home: 3 bedrooms, 1 bathroom, 936 finished square feet, and unfinished basement; Rear home: 2 bedrooms, 1 bathroom, and 696 finished square feet
More about this property
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