4-unit investment opportunity in the heart of downtown Crown Point offering immediate income with clear upside potential. The property features a unit mix of two 2-bedroom units and two 1-bedroom units, each with separate entrances for added privacy and flexibility. Two units have been updated with improvements including flooring, lighting, paint, and bathroom finishes, while the remaining two units are in solid condition with room for additional updates and increased rents. Tenants benefit from off-street parking with eight dedicated spaces located on a low-traffic side street, as well as walkability to restaurants, shops, and amenities just a few blocks away. Situated on a corner lot in a highly desirable downtown location with strong rental demand and access to Crown Point schools. Owner currently covers water, sewage, trash, and heat, with tenants responsible for electric and cooking gas, offering an opportunity to further optimize expenses. All units are currently on month-to-month leases, providing flexibility for investors to adjust rents or for an owner-occupant to occupy a unit.
Pending
Price cut: $14.9K (6/6)
$545,000
324 S Main St, Crown Point, IN 46307
6beds
--sqft
:
Get pre-qualified$3,724/mo
Quadruplex
Built in 1890
-- sqft lot
$528,600 Zestimate®
$--/sqft
$-- HOA
What's special
Low-traffic side streetCorner lot
- 101 days |
- 48 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Drake Phillips,
Better Homes and Gardens Real 219-999-8990,
Benjamin Smith,
Better Homes and Gardens Real
Source: NIRA as distributed by MLS GRID,MLS#: 837843
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Common
Appliances
- Included: Dryer, Washer, Refrigerator, Gas Water Heater
- Laundry: Lower Level, Laundry Room
Features
- Ceiling Fan(s), Entrance Foyer, Crown Molding
- Basement: Bath/Stubbed,Unfinished
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Finished area above ground: 4,286
Property
Parking
- Total spaces: 8
- Parking features: Concrete, Off Street, On Street
Features
- Levels: Two
- Patio & porch: Deck
- Pool features: None
Lot
- Size: 0.25 Acres
- Features: Back Yard, Front Yard, Corner Lot
Details
- Parcel number: 451608253004000042
- Special conditions: Agent Owned
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Crown Point
HOA
- Has HOA: No
Location
- Region: Crown Point
Financial & listing details
- Tax assessed value: $349,900
- Annual tax amount: $3,844
- Date on market: 4/27/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,VA Loan,FHA,Conventional
Estimated market value
$528,600
$502,000 - $555,000
$1,599/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2026 | Pending sale | $545,000 |
Source:  NIRA as distributed by MLS GRID #837843 Report a problem | ||
| 6/6/2026 | Price change | $545,000-2.7% |
Source: NIRA as distributed by MLS GRID #837843 Report a problem | ||
| 5/13/2026 | Price change | $559,900-1.8% |
Source: NIRA as distributed by MLS GRID #837843 Report a problem | ||
| 4/27/2026 | Listed for sale | $569,900+35.7% |
Source: NIRA as distributed by MLS GRID #837843 Report a problem | ||
| 1/12/2024 | Sold | $420,000-6.7% |
Source: NIRA as distributed by MLS GRID #532264 Report a problem | ||
| 12/12/2023 | Contingent | $450,000 |
Source: NIRA as distributed by MLS GRID #532264 Report a problem | ||
| 12/1/2023 | Listed for sale | $450,000-14.3% |
Source: NIRA as distributed by MLS GRID #532264 Report a problem | ||
| 9/8/2023 | Contingent | $525,000 |
Source: NIRA as distributed by MLS GRID #532264 Report a problem | ||
| 6/20/2023 | Listed for sale | $525,000+64.6% |
Source: NIRA as distributed by MLS GRID #532264 Report a problem | ||
| 7/28/2020 | Listing removed | $319,000 |
Source: Century 21 Affiliated #476268 Report a problem | ||
| 6/19/2020 | Pending sale | $319,000 |
Source: Century 21 Affiliated #476268 Report a problem | ||
| 6/17/2020 | Listed for sale | $319,000+42433.3% |
Source: Century 21 Affiliated #476268 Report a problem | ||
| 6/22/2018 | Listing removed | $875 |
Source: Versatile Real Estate Solution #434817 Report a problem | ||
| 5/16/2018 | Listed for rent | $875-18.6% |
Source: Versatile Real Estate Solution #434817 Report a problem | ||
| 6/25/2017 | Listing removed | $1,075 |
Source: Versatile Real Estate Solution #414728 Report a problem | ||
| 5/26/2017 | Price change | $1,075-2.3% |
Source: Versatile Real Estate Solution #414728 Report a problem | ||
| 5/17/2017 | Listed for rent | $1,100+10% |
Source: Versatile Real Estate Solution #414728 Report a problem | ||
| 5/17/2016 | Listing removed | $1,000+33.3% |
Source: Versatile Real Estate Solution #393424 Report a problem | ||
| 2/28/2016 | Sold | $750 |
Source: NIRA as distributed by MLS GRID #387382 Report a problem | ||
| 4/1/2015 | Sold | $750-99.7% |
Source: NIRA as distributed by MLS GRID #366653 Report a problem | ||
| 3/13/2015 | Listing removed | $750 |
Source: Versatile Real Estate Solutions, LLC #366653 Report a problem | ||
| 3/3/2015 | Listed for rent | $750 |
Source: Versatile Real Estate Solutions, LLC #366653 Report a problem | ||
| 10/30/2014 | Listing removed | $240,000 |
Source: Red Key Realty Leaders #353096 Report a problem | ||
| 6/27/2014 | Listed for sale | $240,000 |
Source: Red Key Realty Leaders #353096 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,844 -45.8% | $375,000 +7.2% |
| 2024 | $7,098 +8.3% | $349,900 +8.8% |
| 2023 | $6,555 +5.6% | $321,700 +8.5% |
| 2022 | $6,210 +2.2% | $296,600 +5.6% |
| 2021 | $6,075 +4.8% | $281,000 +2.2% |
| 2020 | $5,795 -10.6% | $274,900 +4.8% |
| 2019 | $6,485 +0.6% | $262,200 +3.8% |
| 2018 | $6,443 +1.8% | $252,700 +1.9% |
| 2017 | $6,329 | $248,000 -4.2% |
| 2016 | $6,329 +4.5% | $258,900 +6.2% |
| 2014 | $6,056 +4.8% | $243,700 +6% |
| 2013 | $5,779 -10.2% | $229,800 +0.9% |
| 2012 | $6,435 +12.3% | $227,800 +11.8% |
| 2011 | $5,733 +11.4% | $203,700 |
| 2010 | $5,148 | $203,700 |
| 2009 | -- | $203,700 +22% |
| 2007 | -- | $166,900 -3.6% |
| 2006 | -- | $173,200 |
| 2005 | -- | $173,200 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 46307
Nearby schools
GreatSchools rating
- 7/10Solon Robinson Elementary SchoolGrades: K-5Distance: 0.6 mi
- 7/10Colonel John Wheeler Middle SchoolGrades: 6-8Distance: 0.3 mi
- 10/10Crown Point High SchoolGrades: 9-12Distance: 1.9 mi
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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