14424 Morse ST, Cedar Lake, IN 46303
14424 Morse ST, Cedar Lake, IN 46303
14424 Morse ST, Cedar Lake, IN 46303
30
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$1,465,000
Est. payment /mo
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13,320 SqFt
Price Dropped by $25K

14424 Morse ST Cedar Lake, IN 46303

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Maurice Cornett

Maurice Cornett

+1(219) 781-1169

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 13,320 sqft

Price per Sqft $109

MLS Listing ID 842277

HOA Y/N No

Year Built 1930

Annual Tax Amount $17,973

Tax Year 2024

Lot Size 0.567 Acres

Acres 0.567

Property Sub-Type Multi Family

Property Description

This exceptional investment opportunity offers 15 residential units and one retail space in the highly desirable and supply-constrained Cedar Lake rental market. Nearly all residential units have been recently renovated with modern finishes, providing investors with a turnkey asset that requires minimal immediate capital improvements. The property's strong in-place cash flow, significant unit count, and continued potential for future rent growth make it an outstanding opportunity for investors seeking both stability and long-term upside in one of Northwest Indiana's most sought-after rental markets.

Location

State IN

County Lake

Interior

Interior Features Other

Heating Forced Air, Other

Fireplace N

Appliance Other

Exterior

Exterior Feature Other

View Y/N true

Building

Lot Description Other

Sewer Public Sewer

Water Public

Others

Tax ID 451535185011000043

Acceptable Financing NRA20260714185828858323000000

Listing Terms NRA20260714185828858323000000

Listed by Ellsbury Group • Andrew Page

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Maurice Cornett

Maurice Cornett

Broker Associate License ID: 19001105, 3607323, 475.201736

+1(219) 781-1169

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14424 Morse ST