1950 Warren Street Lake Station, IN ^$ 424,000

1950 Warren Street

^$ 424,000

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Recently Listed

1950 Warren Street

Lake Station, IN, 46405

^$ 424,000

Bedrooms7 Baths4.0

Monthly Estimate*

^$ 2,928

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1950 Warren Street, Lake Station, IN 46405 - Image 14

Multi-Family Home for sale in Lake Station, IN

for $424,000 with 7 bedrooms and 4 full baths. This home was built in 1972 on a lot size of 0.307.

GREAT INVESTMENT RENTAL PROPERTY QUADRUPLEX - 4 UNITS - 2 STORY ON SLAB. 3 - 2 BEDROOMS AND ONE 1 BEDROOM. OWNER PAYS WATER/SEWER/TRASH AND LAWN UPKEEP. SIDE BY SIDE BUILDINGS 2000 WARREN IS FOR SALE AS WELL SAME OWNER. COIN OPERATED LAUNDRY. PLENTY OF PARKING.

Multi-Family Active

Price

^$ 424,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 5,274

Style

Quadruplex

Lot Size

0.307

Year Built

1972

Town/City

Lake Station

County/Region

Lake

MLS | Web ID

848269

Features

Interior

Interior Amenities Eat-in Kitchen Other

Window Features Storm Window(s)

Fireplace Y/N N

Above Grade Finished Area 3392

Half Baths 0

3/4 Baths 0

Laundry Features Laundry Room

Total Bedrooms 7

Total Baths 4

General

Sewer Public Sewer

Heating Baseboard

Utilities Electricity Connected Water Connected Sewer Connected Natural Gas Connected

Appliances Electric Range Refrigerator

Pets Allowed Yes

Year Built 1972

Electric 100 Amp Service

View Trees/Woods

Township Hobart

Levels Two

Property Subtype Quadruplex

Tax Year 2024

Gross Income 53100

County Lake

Net Operating Income 40652

Insurance Expense 2472

New Construction N

Property Type Residential Income

HOA N

Subdivision Name Gary Garden Land Companys Add 01

Garage Y/N N

Rent Includes Water

Total Rooms 16

Full Baths 4

Status Active

Directions 80/94 east to Ripley st exit south to Marquette Rd east on Marquette to Warren St north to property

City Lake Station

Lot Size Square Feet 13373

Listing Terms Cash Conventional

Tax Annual Amount 5274

Lease Considered Y/N N

Standard Status Active

Tax Assessed Value 209600

Taxes 5274

Legal Description E.GARY GARDEN LAND CO'S. 1ST ADD. LOT 18 EX.N.48FT. LOT 19 EX.S.101FT.

Exterior

Exterior Amenities Other

Parking Features Gravel

Lot Features Back Yard Front Yard

Water Source Public

Total Parking 8

Lot Size Acres 0.307

Lot Size Source Assessor

Waterfront Y/N N

* Excluded Features

List By

Maria Carmen Becerra

Listing Agent

Mccolly Real Estate

Broker

mariabecerra@mccolly.com

Affordability Calculator

$3,368

Per Month

Monthly Principal & Interest: $2,928
Monthly Property Taxes: $440
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Lake Station, IN

Average List Price ^$369,333

Percent of Sale Price 13%

About Lake Station, IN

11,981 Population

-11% Since 2002

^$42,017 Median Income

37.57 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1261196 Elementary School

1261197 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/13/2026	$424,000		Listed Price

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1950 Warren Street, Lake Station, IN, 46405 is a Multi-Family Home for sale at $424,000 with a lot size of 0.307. 1950 Warren Street has 7 bedrooms, 4.0 baths, and was built in 1972. The property's zip code is 46405 which is in Lake Station, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 11/15/2026.

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1950 Warren Street

Multi-Family Home for sale in Lake Station, IN

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