Charming 4-Plex in the Sweet Town of Lowell, IN! Fantastic opportunity to own a well-maintained 4-unit investment property in the heart of highly desirable Lowell, IN! This unique building offers two single-level units and two spacious two-story units, appealing to a variety of renters. Enjoy peace of mind with a new roof (2022) and new windows (2021) already taken care of. 3 units have been freshly painted. The property features private parking in the rear of the building, adding convenience and value for tenants. Two units are currently rented, providing immediate income, while two are vacant and ready for a new owner to lease--perfect for customizing your rental strategy or even living in one unit while renting the others. Located close to downtown Lowell, there is easy access to shopping, dining, schools, and parks in a town known for its strong community and excellent school system. Whether you're a seasoned investor or just getting started, this 4-plex is a rare find with upside potential. This building is a great opportunity in a community-focused town with a strong rental demand!
Closed
$425,000
367 Commanche Dr, Lowell, IN 46356
8beds
--sqft
Quadruplex
Built in 1960
-- sqft lot
$-- Zestimate®
$--/sqft
$2,165 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: August 15, 2025 at 02:05pm
Listed by:
Beth Buckley,
Listing Leaders 219-462-5478
Bought with:
Beth Buckley, RB14033664
Listing Leaders
Source: NIRA,MLS#: 824197
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air, Other
Appliances
- Included: Refrigerator, Gas Water Heater
- Laundry: Gas Dryer Hookup, Washer Hookup, Main Level
Features
- Ceiling Fan(s), Eat-in Kitchen
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Finished area above ground: 1,024
Property
Parking
- Parking features: Off Street, Paved
Features
- Levels: Two
- Patio & porch: Front Porch, Rear Porch
- Exterior features: Other
Lot
- Size: 0.42 Acres
- Features: Front Yard, Paved, Rectangular Lot, Landscaped
Details
- Parcel number: 451922481008000038
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & neighborhood
Location
- Region: Lowell
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional