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5107 W 77th Ct - 5107 W 77th Court, Schererville, Indiana 4 Unit Apartment Building Offered at $550,000 at a 8.09% Cap Rate Schererville, IN 46375
Executive Summary
Located in the desirable Schererville market, this 4-unit multifamily property offers investors the opportunity to acquire a well maintained asset with stable in-place income and room for future rental growth. The property consists of two 2-bedroom, 1- bath units and two 1-bedroom, 1-bath units, providing a unit mix that appeals to a wide range of tenants. With individually metered gas and electric service, individual furnaces, and individual water heaters, ownership benefits from lower operating costs while tenants enjoy added independence. The property's manageable size also makes it a great fit for an owner occupant looking to offset living expenses with rental income. Whether you're adding to an existing portfolio or purchasing your first multifamily property, this is a solid opportunity in one of Northwest Indiana's strongest rental markets.
Property Facts
| Price | $550,000 | Property Type | Multifamily |
| Price Per Unit | $137,500 | Building Size | 3,112 SF |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 8.09% | Year Built | 1974 |
| No. Units | 4 |
| Price | $550,000 |
| Price Per Unit | $137,500 |
| Sale Type | Investment |
| Cap Rate | 8.09% |
| No. Units | 4 |
| Property Type | Multifamily |
| Building Size | 3,112 SF |
| No. Stories | 2 |
| Year Built | 1974 |
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Somewhat walkable
30/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
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5107 W 77th Ct - 5107 W 77th Court, Schererville, Indiana
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