4908 Northcote Avenue

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Address: 4908 Northcote Ave, East Chicago, IN 46312, USA
Chicago & Midwest + Apartment Buildings
Created date: July 28, 2026
Date last updated: September 27, 2026
Price: $159,900Investment Analyzer NEW!

Property Description

Well kept two flat on the city's south side fully occupied and ready for a new owner. Two long term renters love their homes and hope to remain. Turn key rental operation is the result. After entering the fully fenced front yard you're welcomed to the covered front porch. Inside the front door is an enclosed front porch leading to both units, one on the first floor and one on the second floor. The layout for the homes are identical, with living room, eat-in kitchen, two beds, and a full bath in each unit. The rear porch, also enclosed, has a walk up to the unfinisihed attic as well as the cellar style basement. Leaving the rear porch into the backyard, you will find a sizable fully fenced yard space as well as 4 parking spots off street. Renters pay Nipsco, gas and electric, and the owner pays just the ultra low East Chicago rate for water, sewer, and trash. Professionally managed, thoughtfully updated, and well maintained by two ideal renters, this is the investment opportunity you've been waiting to find! Do not hesitate, opportunities like this do not surface on the open market often. Showings will be confirmed as to limit the disturbance of our top tier renters, so please reach out to your brokers with proof of funds or financing, and allow 48 hours for confirmation.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $159,900
Year Built: 1901
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 4
Number of Bathrooms: 2
Address: 4908 Northcote Avenue, East Chicago, IN 46312, USA
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Investment Analyzer

Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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