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Occupied Four-Unit Quadplex
New
For Sale
$559,900

8137 Pine Island Terrace, Crown Point, IN 46307

Occupied multifamily property with on-site laundry, resident storage, and a mix of patios and balconies.

Property SizeContact for details
Lot Size0.51 Acres
Days on Market3

Property Features for 8137 Pine Island Terrace

General Information

Standard status Active
Lot size 0.51 Acres
Property subtype Multi-Family
Occupancy 100%

Additional Details

Multifamily Units 4

Amenities

on-site laundry facility
hallway storage
walk out patio
balcony

Building Details

Year Built 1977
Buildings 1
Stories 2
Listing Agency: Beycome Brokerage Realty LLC
Listed By: Steven Koleno · License #3469487
Source: Realtopiare
Added: Aug 29 Last Checked: Aug 30 at 6:43PM

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 Beycome Brokerage Realty LLC

Investment Insights

Based on property information with market context.

This four-unit quadplex in Crown Point, Indiana, sits on 0.51 acres and is currently fully occupied. The property includes on-site laundry, hallway storage, front parking, and outdoor space for each level: first-floor residences have walk-out patios, while second-floor residences feature balconies. Units have in-wall electric air conditioning, electric baseboard heat, and electric stoves. Tenants pay their own electric service, while ownership covers specified water, common-area utilities, and HOA fees.

A single-layer roof was installed in 2017. The HOA includes monthly garbage service, lawn fertilization 2x/year, and snow removal in the common parking area. The grounds include open lawn and a small stream behind the property, with schools, a community park, and local amenities nearby.

Key Highlights

  • 4‑unit apartment building on 0.51 acres in Crown Point, Indiana
  • All units currently occupied, with several residents in place for several years
  • On‑site laundry facility and hallway storage for occupants

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Hair Salon Parking Lot & Garage Dental Office Kitchen & Bath Showroom Restaurant

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

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

332
Businesses Nearby

Demographics for 46307, IN

69,248
Population
26,081
Households
2.7
Avg Household Size
41
Median Age
33%
College-Educated
94%
High-School Grad
87.2 sq mi
ZIP Area
794
Density / Sq Mi
$102,118
Median Household Income
$50,612
Median Earnings
$1,308
Median Rent
$293,500
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?
Quadplex - Occupied multifamily property with on-site laundry, resident storage, and a mix of patios and balconies.
Where is this quadplex located?
The property is located at 8137 Pine Island Terrace Crown Point, IN.
What is the asking price?
The asking price for this property is $559,900.
What are key features of this property?
This property features: 4‑unit apartment building on 0.51 acres in Crown Point, Indiana; All units currently occupied, with several residents in place for several years; On‑site laundry facility and hallway storage for occupants
More about this property
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