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Well-Maintained Duplex With Backyard

381 Golden Oak Drive Crown Point, IN 46307

New
381 Golden Oak Drive, Crown Point, IN, 46307
$280,000
For Sale
$280,000

SINGLE_FAMILY - Crown Point, IN

Property Size1,218 SF
Lot Size0.16 Acres
Price / SF$229.89
Days on Market2

Property Features for 381 Golden Oak Drive

General Information

Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Rooms
Kitchen, Laundry Room, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 1
Parking features
Open, Driveway, Off Street, Garage
Patio and Porch features
Patio
Interior features
Cathedral Ceiling(s), Walk-In Closet(s), Eat-in Kitchen, Entrance Foyer, Ceiling Fan(s)
Appliances
Dishwasher, Refrigerator, Gas Water Heater, Gas Range
Standard status
Active
APN
451609255003000042
Size
1,218 SF
Lot size
0.16 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
OAK VIEW ESTATES LOT 12 EX. S.50FT.
Tax Annual Amount
2271

Utilities

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

Building Details

Year built
2003
Floors in Building
1
Listing Agency Century 21 Circle
855 E. North St, lowell, IN
Listed by Alyssa Taylor
Added: Jul 20 Checked: Jul 21 at 3:06 am
MLS# 842557 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 well-cared-for duplex offers two bedrooms and two bathrooms. The great room features a vaulted ceiling, creating an open, light-filled living space. The primary bedroom includes a walk-in closet and private bath. An eat-in kitchen provides ample cabinet space, a pantry, and a sliding door that opens to the patio and spacious backyard.

The property has no HOA and is located in Crown Point, near shopping, restaurants, and parks. Outside, a raised garden bed is included.

Major updates already noted include a roof that is about two years old, along with a furnace and central air system that are about five years old.

Key Highlights

  • 2‑bedroom, 2‑bath duplex built in 2003 with public water and public sewer
  • Eat‑in kitchen with pantry and sliding door to the patio and spacious backyard
  • Primary suite includes a walk‑in closet and private bath

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 $18.3k $15.00
− Vacancy −$972 −$0.80
EGI $17.3k $14.20
− OpEx −$5.2k −$4.26
NOI $12.1k $9.94
1,218 SF · lease $15.00/SF/yr · vacancy 5.32% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$173.0K
$151.4K – $201.8K (±1% cap)
NOI $12,109 @ 7.0% cap · market cap 4.32%
Second Best
Apartment 5plus
$153.9K
$134.7K – $179.6K (±1% cap)
NOI $10,776 @ 7.0% cap · market cap 3.85%
Theoretical Best
Specialty Retail
$340.0K
$297.5K – $396.7K (±1% cap)
NOI $23,801 @ 7.0% cap · market cap 8.50%
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

Barber Shop (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Florist (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Grooming Service Furniture & Home Goods Locksmith (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Two-bedroom, two-bath duplex with eat-in kitchen, private primary bath, and sliding access to patio and backyard.
Where is this duplex located?
The property is located at 381 Golden Oak Drive Crown Point, IN.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: 2‑bedroom, 2‑bath duplex built in 2003 with public water and public sewer; Eat‑in kitchen with pantry and sliding door to the patio and spacious backyard; Primary suite includes a walk‑in closet and private bath
Contact an agent
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