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Duplex with Updated Systems
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Pending

2346-2348 Meadow Lane, Schererville, IN 46375

Two matching residences offer hardwood floors, private entrances, and flexible owner-occupant or rental use.

Property SizeContact for details
Days on Market522

Property Features for 2346-2348 Meadow Lane

General Information

Standard status Pending
Property subtype Multifamily

Building Details

Year Built 1972
Listing Agency: McColly Real Estate
Listed By: Gina Guarino · License #IN
Source: Crexi
Added: Mar 27, 2025 Changed: Aug 29 Last Checked: Aug 29 at 10:14PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of McColly Real Estate

Investment Insights

Based on property information with market context.

This 1972 duplex contains two matching residences, each with two bedrooms and one bathroom. Both units feature hardwood flooring, newer air-conditioning units, updated water heaters, separate entrances, and generous living areas with abundant natural light. The property is described as well maintained, with one residence currently occupied by a tenant.

Located in Schererville within St. John Township, the property is near schools, parks, and local amenities. Its two-unit configuration supports several documented use options, including occupying one residence while renting the other or leasing both units.

Key Highlights

  • Two‑unit duplex with matching 2‑bedroom, 1‑bath residences
  • Built in 1972
  • Hardwood flooring throughout both units

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Daycare Center (Bike/Boat/Book/etc) Store Veterinary Clinic Cafe & Coffee Shop Barber Shop

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

Location Intelligence

Trade Area within ½ mile

371
Businesses Nearby

Demographics for 46375, IN

24,051
Population
10,064
Households
2.4
Avg Household Size
46
Median Age
36%
College-Educated
96%
High-School Grad
12.8 sq mi
ZIP Area
1,879
Density / Sq Mi
$89,646
Median Household Income
$51,448
Median Earnings
$1,250
Median Rent
$295,400
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 matching residences offer hardwood floors, private entrances, and flexible owner-occupant or rental use.
Where is this duplex located?
The property is located at 2346-2348 Meadow Lane Schererville, IN.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: Two‑unit duplex with matching 2‑bedroom, 1‑bath residences; Built in 1972; Hardwood flooring throughout both units
(219) 765-6698 Call to check price and availability
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