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  • $320,000

    130 Meadows Cir #132, Crown Pt, IN 46307

    4beds
    --sqft
    MultiFamily
    Built in 1995
    -- sqft lot
    $320,200 Zestimate®
    $--/sqft
    $30/mo HOA

    What's special

    Discover a fantastic investment opportunity with this updated two-unit ranch duplex, perfectly situated in the heart of Winfield, within the highly sought-after Crown Point school district! This property is ideal for investors looking to generate strong rental income or a homeowner seeking to offset their mortgage by living in one unit while renting out the other. Each unit is vacant and move-in ready, allowing a new owner the freedom to handpick tenants. With estimated market rents of 1,500 per month per unit, this duplex offers great potential for cash flow. Additionally, the Homeowners Association (HOA) fee of just 30 per unit covers mowing and snow removal, ensuring easy maintenance year-round. The property has been recently updated with fresh paint and brand-new bathrooms, providing a modern and inviting space for future occupants. The well-designed ranch-style layout maximizes functionality, offering comfortable living areas in both units. With a 9% cap rate, this property is positioned to offer strong returns based on its potential rental income of 28,000 annually. This makes it an excellent opportunity for investors seeking profitable properties in a prime location. Located in a prime area of Winfield, this duplex provides convenient access to shopping, dining, and recreational amenities while being part of a top-rated school system. The combination of location, updates, and investment potential makes this a must-see property!

    Zillow last checked: 7 hours ago

    Listing updated: April 23, 2025 at 10:10am

    Listed by:

    David Whitehead,

    RE/MAX Lifestyles 219-462-2121

    Bought with:

    Melissa Hickey, RB14032990

    RE/MAX 10 Schererville

    Source: NIRA,MLS#: 817154MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced Air
    Appliances
    • Included: Dishwasher, Washer, Refrigerator, Range Hood, Dryer
    Features
    • Ceiling Fan(s), High Ceilings, Laminate Counters
    • Has fireplace: No
    Interior area
    • Finished area above ground: 1,800

    Property

    Parking
    • Parking features: Additional Parking, Driveway, On Street
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Patio & porch: Covered, Front Porch
    • Exterior features: None
    • Has view: Yes
    • View description: City
    Lot
    • Size: 0.40 Acres
    • Features: Back Yard, Corner Lot
    Details
    • Parcel number: 451709103009000047
    • Special conditions: Agent Owned

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • New construction: No
    • Year built: 1995

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Crown Pt
    • Subdivision: The Meadows

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $30 monthly
    • Amenities included: Maintenance Grounds, Snow Removal
    • Services included: Maintenance Grounds, Snow Removal
    • Association name: Village of Four Seasons Residential Association

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,VA Loan,FHA,Conventional
    Services availability
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    Sell for more than others on Zillow

    Get a complimentary Zillow Showcase℠ listing and you could sell for .

    $320,200
    2% more+ $6,404
    With Showcase(estimated)
    $326,604