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!
Closed
$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
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#: 817154

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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Get a complimentary Zillow Showcase℠ listing and you could sell for .
$320,200
2% more+ $6,404
With Showcase(estimated)
$326,604