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140 N West St 5 Unit Apartment Building $795,000 ($159,000/Unit) Crown Point, IN 46307
Executive Summary
Located in the heart of Crown Point, Indiana, 140 N West St presents a prime investment opportunity with an asking price of $850,000. This property offers strong potential for owner-users or investors seeking a well-positioned asset in a growing market. Its central location supports walkable access to downtown amenities and local businesses, making it ideal for a variety of commercial or mixed-use applications. With favorable market dynamics and community engagement, this listing stands out as a strategic acquisition in Northwest Indiana.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$84,000
|
$23.26
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$84,000
|
$23.26
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $84,000 |
| Annual Per SF | $23.26 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $84,000 |
| Annual Per SF | $23.26 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $795,000 | Apartment Style | Low-Rise |
| Price Per Unit | $159,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.13 AC |
| No. Units | 5 | Building Size | 3,612 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1951 |
| Price | $795,000 |
| Price Per Unit | $159,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 3,612 SF |
| No. Stories | 2 |
| Year Built | 1951 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Range
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 5 | - | - |
1 1
Walk Score®
Walker's Paradise (90)
Property Taxes
| Parcel Number | 45-16-08-131-002.000-042 | Improvements Assessment | $215,400 |
| Land Assessment | $58,200 | Total Assessment | $273,600 |
Property Taxes
Parcel Number
45-16-08-131-002.000-042
Land Assessment
$58,200
Improvements Assessment
$215,400
Total Assessment
$273,600
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140 N West St
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