Discover an exceptional investment opportunity with this fully rented 5-unit apartment building located in one of the most sought-after areas in town. This property offers a perfect blend of convenience and comfort, ensuring strong rental demand and steady income. Each unit features 2 spacious bedrooms and 1 1/2 bathrooms, appealing to a wide range of tenants. Situated in a prime location, this building benefits from easy access to public transportation, top-rated schools, shopping centers, dining options, and entertainment venues. Basement provides potential for future development or additional rental income, offering a blank canvas for your vision. The building is well-maintained, ensuring minimal upkeep for the new owner. Each unit includes all appliances and is completely turn key. Whether you're a seasoned investor or looking to start your real estate portfolio, this property promises excellent returns and long-term value. This is a rare opportunity to acquire a fully occupied apartment building in a high-demand area. **Contact us today** to schedule a private viewing and explore the potential of this prime investment property. *Listing photos and floor plans have some minor artistic manipulation for presentation*
Closed
$750,000
1529 Sheffield Ave, Dyer, IN 46311
10beds
--sqft
Apartment
Built in 1973
-- sqft lot
$767,800 Zestimate®
$--/sqft
$1,334 Estimated rent
Home value
$767,800
$683,000 - $860,000
$1,334/mo
Zestimate® history
Owner options
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$1,334/mo
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$1,334/mo
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$3,783/mo
Est. payment
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$3,783/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Brian Bissonnette,
Realty Executives Premier 219-462-2224
Bought with:
Jeremy Slowinski, RB16000601
Ellsbury Group
Source: NIRA as distributed by MLS GRID,MLS#: 807061
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 10
- Full bathrooms: 5
- 1/2 bathrooms: 5
Heating
- Forced Air, Natural Gas
Appliances
- Included: Dishwasher, Washer, Refrigerator, Microwave, Dryer
- Laundry: Gas Dryer Hookup, Washer Hookup, In Unit, In Basement
Features
- Ceiling Fan(s), Laminate Counters
- Windows: Screens
- Basement: Full
- Has fireplace: No
Interior area
- Finished area above ground: 6,155
Property
Parking
- Total spaces: 10
- Parking features: Alley Access, Asphalt, Shared Driveway, Paved, Parking Lot, On Site, Assigned
- Has uncovered spaces: Yes
Features
- Levels: Two
- Patio & porch: Patio
- Exterior features: Rain Gutters
- Pool features: None
- Fencing: None
- Has view: Yes
- View description: Other
Lot
- Size: 0.36 Acres
- Dimensions: 107 x 145
- Features: Front Yard, Rectangular Lot, Landscaped, Paved, Near Public Transit, Level
Details
- Parcel number: 451012251003.000034
- Zoning description: Residential
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Condition
- New construction: No
- Year built: 1973
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Sewer Connected, Water Connected, Underground Utilities, Natural Gas Connected, Phone Connected, Electricity Connected
Community & HOA
Community
- Features: None
- Security: Fire Alarm
- Subdivision: Petsas Add 01
HOA
- Has HOA: No
Location
- Region: Dyer
Financial & listing details
- Annual tax amount: $8,466
- Date on market: 10/2/2024
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Total actual rent: 84000
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 10/2/2024 | Sold | $750,000-11.8% |
Source:  NIRA as distributed by MLS GRID #807061 Report a problem | ||
| 8/16/2024 | Price change | $850,000-10.5% |
Source: NIRA as distributed by MLS GRID #807061 Report a problem | ||
| 7/18/2024 | Listed for sale | $950,000+187.9% |
Source: NIRA as distributed by MLS GRID #807061 Report a problem | ||
| 5/28/1998 | Sold | $330,000 |
Source: NIRA as distributed by MLS GRID #547901 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 46311
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Nearby schools
GreatSchools rating
- 8/10Protsman Elementary SchoolGrades: PK-4Distance: 0.6 mi
- 6/10Kahler Middle SchoolGrades: 5-8Distance: 0.8 mi
- 9/10Lake Central High SchoolGrades: 9-12Distance: 3.5 mi
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Estimated market value
$767,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$767,800
- Indiana
- Lake County
- Dyer
- 46311
- 1529 Sheffield Ave
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