7920 North DR, Highland, IN 46322
7920 North DR, Highland, IN 46322
7920 North DR, Highland, IN 46322
14
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$349,000
Est. payment /mo
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5 Beds
2 Baths
7,744 SqFt
Active

7920 North DR Highland, IN 46322

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 7,744 sqft

Price per Sqft $45

Subdivision Homestead Gardens Master Add

MLS Listing ID 842290

Bedrooms 5

Full Baths 2

HOA Y/N No

Year Built 1967

Annual Tax Amount $6,254

Tax Year 2024

Lot Size 7,744 Sqft

Acres 0.1778

Property Sub-Type Duplex

Property Description

Excellent investment opportunity in the heart of Highland! This fully leased duplex features one 3-bedroom, 1-bath unit and one 2-bedroom, 1-bath unit, offering approximately 2,202 total square feet. Built in 1967, the property generates 3,135 per month (37,620 annually) with leases in place through 2026 and 2027, providing immediate, stable cash flow. Market rents offer additional upside potential. Owner pays gas, water, sewer, and trash; tenants pay electric, lawn care, and snow removal. Conveniently located near major highways, shopping, dining, and the Illinois state line, making it an attractive rental location.

Location

State IN

County Lake

Interior

Interior Features None

Heating Baseboard

Fireplace N

Appliance Gas Range, Refrigerator, Microwave

Exterior

Parking Features Driveway, Detached

Garage Spaces 2.5

View Y/N true

View Neighborhood

Building

Lot Description Back Yard

Story Bi-Level

Sewer Public Sewer

Water Public

Level or Stories Bi-Level

Others

Tax ID 450715351027000026

SqFt Source Assessor

Acceptable Financing NRA20260714210032388759000000

Listing Terms NRA20260714210032388759000000

Pets Allowed Yes


Listed by Ellsbury Group • Tariq Suboh

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Maurice Cornett

Maurice Cornett

Broker Associate | License ID: 19001105, 3607323, 475.201736

+1(219) 781-1169

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7920 North DR