Charming 4-Plex in the Sweet Town of Lowell, IN! Fantastic opportunity to own a well-maintained 4-unit investment property in the heart of highly desirable Lowell, IN! This unique building offers two single-level units and two spacious two-story units, appealing to a variety of renters. Enjoy peace of mind with a new roof (2022) and new windows (2021) already taken care of. 3 units have been freshly painted. The property features private parking in the rear of the building, adding convenience and value for tenants. Two units are currently rented, providing immediate income, while two are vacant and ready for a new owner to lease--perfect for customizing your rental strategy or even living in one unit while renting the others. Located close to downtown Lowell, there is easy access to shopping, dining, schools, and parks in a town known for its strong community and excellent school system. Whether you're a seasoned investor or just getting started, this 4-plex is a rare find with upside potential. This building is a great opportunity in a community-focused town with a strong rental demand!
Closed
$425,000
367 Commanche Ln, Lowell, IN 46356
8beds
--sqft
Quadruplex
Built in 1960
-- sqft lot
$-- Zestimate®
$--/sqft
$2,595 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,595/mo
Zestimate® history
Owner options
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$2,689/mo
Est. payment
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Est. payment
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List your homeWhat's special
Private parkingSpacious two-story unitsNew windowsNew roof
Zillow last checked:
Listing updated:
Listed by:
Beth Buckley,
Listing Leaders 219-462-5478
Bought with:
Beth Buckley, RB14033664
Listing Leaders
Source: NIRA as distributed by MLS GRID,MLS#: 824197
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air, Other
Appliances
- Included: Refrigerator, Gas Water Heater
- Laundry: Gas Dryer Hookup, Washer Hookup, Main Level
Features
- Ceiling Fan(s), Eat-in Kitchen
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Finished area above ground: 3,656
Property
Parking
- Parking features: Paved, Off Street
Features
- Levels: Two
- Patio & porch: Front Porch, Rear Porch
- Exterior features: Other
Lot
- Size: 0.42 Acres
- Features: Front Yard, Rectangular Lot, Paved, Landscaped
Details
- Parcel number: 451922481008000038
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Location
- Region: Lowell
Financial & listing details
- Tax assessed value: $289,100
- Annual tax amount: $5,544
- Date on market: 7/14/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2025 | Sold | $425,000+6.5% |
Source:  NIRA as distributed by MLS GRID #824197 Report a problem | ||
| 7/18/2025 | Pending sale | $399,000 |
Source: NIRA as distributed by MLS GRID #824197 Report a problem | ||
| 7/14/2025 | Listed for sale | $399,000 |
Source: NIRA as distributed by MLS GRID #824197 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,956 -1.7% | $289,100 +16.7% |
| 2024 | $5,039 -9.6% | $247,700 -1.6% |
| 2023 | $5,572 +9.1% | $251,800 -9.6% |
| 2022 | $5,109 -1.9% | $278,500 +9.1% |
| 2021 | $5,210 +1.8% | $255,300 -2% |
| 2020 | $5,116 -16.2% | $260,400 +1.9% |
| 2019 | $6,102 -4.6% | $255,600 -0.9% |
| 2018 | $6,397 +7.5% | $258,000 -0.9% |
| 2017 | $5,949 | $260,400 +2.5% |
| 2016 | $5,949 -0.1% | $254,000 +0.4% |
| 2014 | $5,956 +1.9% | $253,000 +6.8% |
| 2013 | $5,845 -3.8% | $236,800 -2.4% |
| 2012 | $6,073 -13.3% | $242,600 -4.3% |
| 2010 | $7,007 | $253,600 +7.3% |
| 2009 | -- | $236,400 |
Find assessor info on the county website
Neighborhood: 46356
Nearby homes
- $--2 bd1 ba1k sqft367 Commanche Dr #2, Lowell, IN 46356Off Market
- $1,3502 bd1 ba1k sqft369 Commanche Dr, Lowell, IN 46356For Rent
- $165,3002 bd1 ba720 sqft345 Commanche Ln, Lowell, IN 46356Off Market
- $421,2003 bd2 ba1.5k sqft334 Gwens Cove Ct, Lowell, IN 46356Off Market
- $100-- bd-- ba-- sqft375 Commanche Dr, Lowell, IN 46356Off Market
- $--2 bd1 ba900 sqft375 Commanche Dr #4, Lowell, IN 46356Off Market
- $1,1252 bd1 ba900 sqft375 Commanche Dr #2, Lowell, IN 46356For Rent
- $--1 bd1 ba750 sqft375 Commanche Dr #3, Lowell, IN 46356Off Market
Nearby schools
GreatSchools rating
- 8/10Oak Hill Elementary SchoolGrades: K-4Distance: 0.6 mi
- 8/10Lowell Middle SchoolGrades: 7-8Distance: 1.5 mi
- 9/10Lowell Senior High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- Elementary: Oak Hill Elementary
- Middle: Lowell Middle School
- High: Lowell Senior High School
Source: NIRA as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Indiana
- Lake County
- Lowell
- 46356
- 367 Commanche Ln
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