216 E Goldsborough Street
Crown Point, IN 46307
Map
- 4 beds
- 3 baths
- – sqft
- 9,240 sqft lot
- 1878 build
- – on site
This well-located 3-unit property in Crown Point, IN offers a rare opportunity for both owner-occupants and investors looking to capitalize on one of Northwest Indiana's strongest rental markets.With a desirable unit mix of studio, one-bedroom, and two-bedroom layouts, and one unit currently vacant, it presents a perfect scenario for a buyer to move in while collecting rental income from the other two month-to-month tenants.The pro forma rent potential of 3,945/month highlights a strong opportunity to increase cash flow through market rent adjustments.Situated near downtown Crown Point in a neighborhood with strong demand and limited multifamily supply, this is a rare chance to acquire a stabilized asset with upside in both income and value.
Last checked:
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Last updated Jun 17, 2025
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MLS# 822630 —
The Building
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Year Built:1878
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New Construction:false
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Patio And Porch Features:Front Porch
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Levels:Two
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Basement:Crawl Space
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Above Grade Finished Area:2000
Interior
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Interior Features:None
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Fireplace:false
Room Dimensions
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Living Area Source:Assessor
Financial & Terms
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Lease Considered:false
Location
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Directions:MAIN ST, EAST ON GOLDSBOROUGH TO PROPERTY ON CORNER OF GOLDSBOROUGH AND SHERMAN ST.
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Latitude:41.423281
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Longitude:-87.362342
The Property
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Parcel Number:451605451016000042
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Property Subtype:Triplex
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Lot Features:Corner Lot
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Lot Size Acres:0.2121
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Lot Size Square Feet:9240
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Lot Size Source:Assessor
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Exterior Features:None
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (219) 805-5200
- Office phone:
- (219) 200-5133
Taxes
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Tax Year:2023
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Tax Annual Amount:4640
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Tax Legal Description:RAILROAD ADD. EX. W.55FT OF LOTS 7 & 8 BL.26
Beds
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Total Bedrooms:4
Baths
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Total Baths:3
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Full Baths:3
Heating & Cooling
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Heating:Forced Air, Natural Gas
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Dryer, Washer, Refrigerator
The Community
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Subdivision Name:Railroad Add
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Pets Allowed:No
Parking
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Garage:true
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Garage Spaces:2
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Parking Features:Detached, On Street, Garage Faces Side, Driveway
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
