- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 1960 build
- – on site
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!
Last checked:
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Last updated Jul 14, 2025
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MLS# 824197 —
The Building
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Year Built:1960
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New Construction:false
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Patio And Porch Features:Front Porch, Rear Porch
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Levels:Two
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Basement:Crawl Space
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Basement:false
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Above Grade Finished Area:1024
Interior
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Interior Features:Ceiling Fan(s), Eat-in Kitchen
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Fireplace:false
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Laundry Features:Gas Dryer Hookup, Washer Hookup, Main Level
Room Dimensions
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Living Area Source:Assessor
Location
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Directions:Take US 41 to Rt 2 go East, go to N Nichols St, go North to Commanche Dr. go East to property.
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Latitude:41.292829
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Longitude:-87.43121
The Property
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Parcel Number:451922481008000038
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Property Subtype:Quadruplex
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Lot Features:Front Yard, Paved, Rectangular Lot, Landscaped
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Lot Size Acres:0.417
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Lot Size Square Feet:18165
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Lot Size Source:Assessor
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Exterior Features:Other
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (219) 793-6336
- Office phone:
- (219) 462-5478
Taxes
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Tax Year:2024
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Tax Annual Amount:5544.2
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Tax Legal Description:W. 110FT. OF E. 367FT. OF S.1/2 N.1/2 NE. SE. SE. S.22 T.33 R.9 .417AC.
Baths
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Full Baths:4
Heating & Cooling
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Heating:Forced Air, Other
Utilities
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Utilities:Cable Available
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Gas Range, Refrigerator, Gas Water Heater
Schools
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Elementary School:Oak Hill Elementary
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Middle Or Junior School:Lowell Middle School
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High School:Lowell Senior High School
The Community
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Subdivision Name:NA
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Pets Allowed:Call
Parking
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Garage:false
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Parking Features:Off Street, Paved
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).