Rachel Earl
BEDS5
BATHS2 full
MLS#842290
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONHomestead Gardens Master Add
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.
Property Features
Property Type: Multi Unit - Multiple
Garage: 2.5
Heating: Baseboard
Lot Size: 0.18 Acres
Taxes: $6,254
Year Built: 1967
Appliances
Gas Range
Refrigerator
Microwave
Feature Descriptions
Days on Site: 37
Lot: Back Yard
Parking Features: Driveway, Detached
Sewer: Public Sewer
Water: Public
Listed By / Shown By
Listed By
Agency Name: Ellsbury Group
Agency Phone: (219) 200-5133
Shown By
Agent Name: Rachel Earl
Agent Phone: (317) 600-8448
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 2,575.17 per month $1,952.21 Principal & Interest $521.17 Property Tax $101.79 Homeowner's InsuranceChange Payment Information
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7920 North Drive | MLS# 842290
This multi-family property located at 7920 North Drive, Highland, IN 46322 is currently listed for sale with an asking price of $349,000. Search Highland real estate on rachelearl.ikeyrealty.com today.