Newer Single-Family
7808 Wright Street Merrillville, IN 46410
7808 Wright Street, Merrillville, IN, 46410
$258,100
Pending
For Sale
$258,100
Pending
SINGLE_FAMILY - Merrillville, IN
Property Size1,550 SF
Lot Size0.14 Acres
Days on Market99
Property Features for 7808 Wright Street
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Laundry Room, Bedroom 1, Kitchen, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2
- Window features
- Insulated Windows
- Patio and Porch features
- Patio
- Interior features
- Ceiling Fan(s), Stone Counters, Pantry, Open Floorplan
- Exterior features
- Lighting
- Fireplace
- 1
- Appliances
- Dryer, Washer, Refrigerator, Microwave, Dishwasher
- Standard status
- Pending
- APN
- 451219132005000030
- Size
- 1,550 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- FOX MOOR UNIT 1B N'LY PT. OF LOT 37(7808 WRIGHT ST)
- Tax Annual Amount
- 2555
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 2019
- Floors in Building
- 1
Listing Agency
Listing Leaders
(219) 462-5478
410 Lincolnway, Valparaiso, IN
Listed by
Ryan Midkiff
(219) 742-0365
Added: Apr 14 Updated: Jul 18 at 1:39 am Checked: Jul 21 at 1:06 am
MLS# 837197
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.
Nearly new single-family home featuring 3 bedrooms and 2 bathrooms with about 1,550 square feet of open-concept living space and 9-foot ceilings. The great room and kitchen include quality solid cabinetry, supporting a bright, functional layout designed for everyday comfort.
The primary suite includes an extended bedroom with a large closet and a private bath. The remaining bedrooms provide generous storage and flexible room options.
With a lot size of approximately 0.14 acres, this home offers modern finishes in a newer-construction style configuration.
The primary suite includes an extended bedroom with a large closet and a private bath. The remaining bedrooms provide generous storage and flexible room options.
With a lot size of approximately 0.14 acres, this home offers modern finishes in a newer-construction style configuration.
Key Highlights
- Nearly new 3‑bedroom, 2‑bath home built in 2019
- 1,550 SF open‑concept living with 9‑foot ceilings
- Kitchen with solid cabinetry, pantry, and included appliances
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 | $23.3k | $15.00 |
| − Vacancy | −$1.2k | −$0.80 |
| EGI | $22.0k | $14.20 |
| − OpEx | −$6.6k | −$4.26 |
| NOI | $15.4k | $9.94 |
1,550 SF · lease $15.00/SF/yr · vacancy 5.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$220.1K
$192.6K – $256.8K
NOI $15,409 @ 7.0% cap · market cap 5.97%
Second Best
Apartment 5plus
$195.9K
$171.4K – $228.6K
NOI $13,713 @ 7.0% cap · market cap 5.31%
Theoretical Best
Specialty Retail
$432.7K
$378.6K – $504.8K
NOI $30,289 @ 7.0% cap · market cap 11.74%
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 - Nearly new 3-bedroom, 2-bath home with open-concept living and 9-foot ceilings.
Where is this duplex located?
The property is located at 7808 Wright Street Merrillville, IN.
What is the asking price?
The asking price for this property is $258,100.
What are key features of this property?
This property features: Nearly new 3‑bedroom, 2‑bath home built in 2019; 1,550 SF open‑concept living with 9‑foot ceilings; Kitchen with solid cabinetry, pantry, and included appliances
