Updated Half Duplex
5012 W 92nd Avenue Crown Point, IN 46307
5012 W 92nd Avenue, Crown Point, IN, 46307
$289,900
Pending
For Sale
$289,900
Pending
SINGLE_FAMILY - Crown Point, IN
Property Size1,370 SF
Lot Size0.31 Acres
Days on Market45
Property Features for 5012 W 92nd Avenue
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 1, Laundry Room, Bathroom 2, Basement, Kitchen, Bathroom 1
- Parking features
- Driveway, Open, On Street
- Patio and Porch features
- Patio
- Interior features
- Ceiling Fan(s), Country Kitchen, Vaulted Ceiling(s)
- Exterior features
- Rain Gutters
- Fencing
- Fenced
- Basement
- Unfinished, Sump Pump, Interior Entry
- Appliances
- Dryer, Washer, Range Hood, Refrigerator, Microwave, Gas Range, Dishwasher
- Standard status
- Pending
- APN
- 451125477003000036
- Size
- 1,370 SF
- Lot size
- 0.31 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- SCHERERVILLE TRACE LOT 17 EX. E.41FT
- Tax Annual Amount
- 2062
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 2000
- Floors in Building
- 1
Listing Agency
Realty Executives Premier
(219) 462-2224
112 W. Clark, Valparaiso, IN
Listed by
Adrian Alvarez
(219) 256-2153
Added: Jun 4 Checked: Jul 18 at 9:06 am
MLS# 840077
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 updated 2-bedroom, 2-bath half duplex offers comfortable living space with a spacious, updated kitchen for everyday use and entertaining. The floor plan includes a large primary suite with a private bathroom and a walk-in closet, plus a generously sized second bedroom and full bathroom. A dedicated laundry room and abundant storage are built throughout the home. An oversized 2.5-car garage provides room for vehicles and additional storage, and the unfinished basement features high ceilings and space for future expansion.
The property is located in an established Crown Point neighborhood near shopping, major roads, dining, and parks.
Outside, you’ll find a fenced-in yard with a concrete patio, adding practical outdoor space for leisure.
The property is located in an established Crown Point neighborhood near shopping, major roads, dining, and parks.
Outside, you’ll find a fenced-in yard with a concrete patio, adding practical outdoor space for leisure.
Key Highlights
- Updated 2‑bedroom, 2‑bath half duplex with over 1300 sq ft of living space
- Huge primary suite with private bathroom and large walk‑in closet
- Dedicated laundry room plus abundant storage throughout the home
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 | $20.6k | $15.00 |
| − Vacancy | −$1.1k | −$0.80 |
| EGI | $19.5k | $14.20 |
| − OpEx | −$5.8k | −$4.26 |
| NOI | $13.6k | $9.94 |
1,370 SF · lease $15.00/SF/yr · vacancy 5.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$194.6K
$170.3K – $227.0K
NOI $13,620 @ 7.0% cap · market cap 4.70%
Second Best
Apartment 5plus
$173.2K
$151.5K – $202.0K
NOI $12,121 @ 7.0% cap · market cap 4.18%
Theoretical Best
Specialty Retail
$382.5K
$334.7K – $446.2K
NOI $26,772 @ 7.0% cap · market cap 9.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Move-in-ready 2-bedroom, 2-bath half duplex with updated kitchen, dedicated laundry room, and an unfinished basement.
Where is this duplex located?
The property is located at 5012 W 92nd Avenue Crown Point, IN.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Updated 2‑bedroom, 2‑bath half duplex with over 1300 sq ft of living space; Huge primary suite with private bathroom and large walk‑in closet; Dedicated laundry room plus abundant storage throughout the home
