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Brick Quadraplex Investment

206 S Adams Street Hebron, IN 46341

206 S Adams Street, Hebron, IN, 46341
$425,000
Pending
For Sale
$425,000
Pending

MULTI_FAMILY - Hebron, IN

Lot Size0.40 Acres
Days on Market50

Property Features for 206 S Adams Street

General Information

Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
4
Bathrooms
4
Rooms
Bathroom 3, Bedroom 4, Bathroom 1, Bathroom 4, Basement, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 1
Parking
4
Parking features
On Street, Driveway
Window features
Insulated Windows
Patio and Porch features
Porch
Pets allowed
Yes
Interior features
Ceiling Fan(s), Pantry, Laminate Counters, Eat-in Kitchen
Exterior features
Rain Gutters
Basement
Unfinished
Appliances
Dryer, Washer, Refrigerator, Gas Water Heater, Gas Range
Standard status
Pending
APN
641415230007000002
Lot size
0.40 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
SIGLER'S SOUTH OR 4TH ADD SEC 15 LOTS 7 & 8 S 1/2 OF VAC ALY N BLK 6
Tax Annual Amount
3061

Utilities

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

Building Details

Year built
1968
Floors in Building
1
Listing Agency Century 21 Circle
10660 Randolph St, CROWN POINT, IN
Listed by Dede Hruska
Added: Jun 2 Updated: Jul 18 at 1:41 am Checked: Jul 21 at 5:06 am
MLS# 840000 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.

Offered for sale is a beautiful full-brick quadraplex featuring four main-level one-bedroom apartments. The property’s layout is designed for straightforward, tenant-friendly living, with each unit equipped with its own furnace, central air, and water heater. Updates have been made throughout the units, and a new roof was installed in 2021. Residents also benefit from a basement common area with coin-operated washer and dryer, along with extra storage for all units.

Located at 206 S Adams Street in Hebron, Indiana, the building is positioned as an income opportunity in an area described as having few rental opportunities. All units are currently rented. Under the current utility structure, tenants pay their own NIPSCO, while the owner pays Hebron water and trash.

This is a strong fit for investors seeking a turn-key, low-maintenance rental property with independently serviced apartments and in-building laundry and storage. With steady occupancy already in place and a recent roof replacement, the quadraplex provides a practical addition to an investment portfolio.

Key Highlights

  • Full brick quadraplex built in 1968 with 4 main‑level 1‑bedroom apartments
  • All units currently rented; tenants pay Nipsco while owner pays Hebron water and trash
  • New roof in 2021

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Hair Salon Dental Office Nail Salon Real Estate Agency Building Supply Spa & Massage Center Furniture & Home Goods HVAC Service (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Quadplex - Turn-key quadraplex with four main-level one-bedroom units, individually serviced for utilities and already fully rented.
Where is this quadplex located?
The property is located at 206 S Adams Street Hebron, IN.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Full brick quadraplex built in 1968 with 4 main‑level 1‑bedroom apartments; All units currently rented; tenants pay Nipsco while owner pays Hebron water and trash; New roof in 2021
Contact an agent
More about this property
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