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Recently Built Half Duplex

9167 Hickory Place St John, IN 46373

9167 Hickory Place, St John, IN, 46373
$394,000
For Sale
$394,000

SINGLE_FAMILY - St. John, IN

Property Size1,790 SF
Lot Size0.23 Acres
Price / SF$220.11
Days on Market46

Property Features for 9167 Hickory Place

General Information

Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Rooms
Bathroom 1, Bedroom 2, Dining Room, Bathroom 2, Bedroom 1, Laundry Room
Parking features
Open
Patio and Porch features
Patio, Porch
Interior features
Cathedral Ceiling(s), Vaulted Ceiling(s)
Appliances
Dryer, Washer, Refrigerator, Microwave, Gas Range, Dishwasher, Disposal
Standard status
Active
APN
451503381011000015
Size
1,790 SF
Lot size
0.23 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
THE GATES OF ST. JOHN UNIT 1G TRACT 1303 W.42.5FT OF E.85FT OF LOT V
Tax Annual Amount
3025

Utilities

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

Building Details

Year built
2022
Floors in Building
1
Listing Agency Keller Williams Preferred Real
16101 108th Ave, Schererville, IN
Listed by Matthew Maloney · License #RB14045444
Added: Jun 3 Checked: Jul 18 at 7:06 am
MLS# 840045 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 recently built half duplex features premium trim throughout and an open-concept interior with manufactured hardwood flooring. The kitchen includes quartz countertops, stainless steel appliances, and ample cabinetry. A sunroom addition extends the living space and opens to a private patio overlooking a landscaped yard with an expansive berm.

The primary suite offers a sitting area, double walk-in closets, and a spa-like bath with dual vanities and a tiled shower. Located in St. John, Indiana (Lake County), the home sits on a 0.232-acre lot.

Overall, the property emphasizes modern finishes and a well-connected indoor-outdoor layout designed for everyday living and entertaining.

Key Highlights

  • Recently built half duplex (2022) with open‑concept living spaces and elevated interior finishes
  • Sunroom addition opens to a private patio overlooking a landscaped yard with an expansive berm
  • Gourmet kitchen with quartz countertops, stainless steel appliances, and ample cabinetry

Local Financial Insights For Apartment 5plus

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 $30.5k $17.04
− Vacancy −$1.7k −$0.95
EGI $28.8k $16.09
− OpEx −$13.0k −$7.24
NOI $15.8k $8.85
1,790 SF · lease $17.04/SF/yr · vacancy 5.60% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$226.2K
$198.0K – $263.9K (±1% cap)
NOI $15,836 @ 7.0% cap · market cap 4.02%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$499.7K
$437.2K – $583.0K (±1% cap)
NOI $34,979 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

FAQs

What type of property is this?
Single family property - Recently built half duplex with an open-concept layout, sunroom, and private patio overlooking a landscaped yard.
Where is this single family property located?
The property is located at 9167 Hickory Place St John, IN.
What is the asking price?
The asking price for this property is $394,000.
What are key features of this property?
This property features: Recently built half duplex (2022) with open‑concept living spaces and elevated interior finishes; Sunroom addition opens to a private patio overlooking a landscaped yard with an expansive berm; Gourmet kitchen with quartz countertops, stainless steel appliances, and ample cabinetry
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