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Renovated Multi-Unit Income Property
For Sale
Contact for pricing
Pending

4832 Northcote Avenue, East Chicago, IN 46312

Recently renovated duplex with a partially framed third unit above a 4-car garage, featuring separate meters.

Property SizeContact for details
Days on Market67

Property Features for 4832 Northcote Avenue

General Information

Standard status Pending
Property subtype Multifamily

Building Details

Year Built 1918
Listing Agency: @properties
Listed By: Lisa M Reyes · License #IN
Source: Crexi
Added: Jul 3 Changed: Aug 7 Last Checked: Jul 25 at 10:50AM

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 @properties

Investment Insights

Based on property information with market context.

This recently renovated multi-unit property offers a duplex configuration with a newly built 4-car garage and a framed-out third unit above it, with construction already started and needing completion. Units include quartz countertops, stainless steel appliances, and durable vinyl flooring throughout, along with separate meters for all three units. The bottom unit is currently vacant and ready to be rented.

The property has seen major updates including new plumbing, new electrical, and a newer roof estimated to be about five years old. A brand-new fenced-in yard adds outdoor privacy and functionality.

Additional on-site improvements include the 4-car garage and the third unit layout above it, creating an expanded income opportunity once completed. The configuration also supports multiple leasing scenarios, whether renting one unit or fully leasing all three.

Key Highlights

  • Recently renovated multi‑unit property (duplex) with a partially framed third unit above a newly built 4‑car garage
  • All three units have separate meters, supporting independent utility billing
  • Updates include new plumbing, new electrical, and a roof that is about 5 years old

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Nail Salon Spa & Massage Center Kitchen & Bath Showroom HVAC Service

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

538
Businesses Nearby

Demographics for 46312, IN

26,370
Population
12,429
Households
2.1
Avg Household Size
33
Median Age
10%
College-Educated
74%
High-School Grad
14.0 sq mi
ZIP Area
1,884
Density / Sq Mi
$41,071
Median Household Income
$32,930
Median Earnings
$820
Median Rent
$92,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Recently renovated duplex with a partially framed third unit above a 4-car garage, featuring separate meters.
Where is this triplex located?
The property is located at 4832 Northcote Avenue East Chicago, IN.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Recently renovated multi‑unit property (duplex) with a partially framed third unit above a newly built 4‑car garage; All three units have separate meters, supporting independent utility billing; Updates include new plumbing, new electrical, and a roof that is about 5 years old
More about this property
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