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Well-Maintained Duplex with Finished Basement
New
For Sale
$425,000

455 Woodlawn Avenue, Chesterton, IN 46304

MULTI_FAMILY - Chesterton, IN

Property SizeContact for details
Lot Size0.35 Acres
Days on Market1

Property Features for 455 Woodlawn Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 4
Full bathrooms 2
Half bathrooms 1
Rooms Bathroom 2, Basement, Bathroom 4, Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 3, Bedroom 1
Parking 8
Parking features Off Street, Driveway
Window features Insulated Windows
Patio and Porch features Porch, Deck
Pets allowed Dogs OK
Interior features Cathedral Ceiling(s), Walk-In Closet(s), Pantry
Exterior features Fire Pit, Storage, Rain Gutters, Private Yard
Basement Sump Pump, Partially Finished, Full
Appliances Dryer, Washer, Refrigerator, Range, Microwave, Gas Water Heater, Dishwasher, Disposal
Lot features Back Yard, Rectangular Lot, Landscaped, Front Yard
Directions Hwy 49 to Indian Boundary Road to Woodlawn.
Standard status Active
APN 640336254004000023
Lot size 0.35 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description PARC IN E 70 W433 SIBL & NRR DESC DR422 P170 NE36-37-6 .348A (PAR 2)
Tax Annual Amount 3463
Legal Description PARC IN E 70 W433 SIBL & NRR DESC DR422 P170 NE36-37-6 .348A (PAR 2)

Utilities

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

Building Details

Year built 1992
Floors in Building 2
Additional Structures Storage
Listing Agency: McColly Real Estate
Listed By: Paul Boyter · License #IN-14020663
Added: Aug 3 Last Checked: Aug 3 at 11:06PM
MLS# 843317

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 1992 duplex includes two distinct residences, each with 2 bedrooms and 2 bathrooms. The owner-occupied side adds a finished basement for additional living and entertaining space, while the adjoining unit provides a separate rental residence. Recent improvements include new windows installed in 2025, a new air conditioner for the 455 side, and appliances added last year. Interior features include cathedral ceilings, walk-in closets, and pantries, with washers, dryers, refrigerators, ranges, microwaves, dishwashers, and disposals provided.

Both units have large private backyards, offering outdoor space for recreation, gardening, or gatherings. The property also includes decks, porches, storage, rain gutters, off-street parking, and driveway parking. Public water and public sewer serve the duplex. Its Chesterton location is minutes from Lake Michigan beaches, downtown Chesterton, the European Market, the South Shore Line, and I-94, with downtown Chicago approximately 45 minutes away.

Key Highlights

  • Duplex with two 2‑bedroom, 2‑bathroom residences
  • Owner's side includes a finished basement
  • New windows installed in 2025

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Auto Parts Store Barber Shop (Bike/Boat/Book/etc) Store Home Appliance Store Plumbing Service Tech Support Center

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

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

684
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 - Owner residence and adjoining rental unit offer separate living spaces, private yards, and updated mechanical and appliance features.
Where is this duplex located?
The property is located at 455 Woodlawn Avenue Chesterton, 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: Duplex with two 2‑bedroom, 2‑bathroom residences; Owner's side includes a finished basement; New windows installed in 2025
More about this property
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