7920 North Drive Highland, IN ^$ 349,000

7920 North Drive

^$ 349,000

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Recently Listed

7920 North Drive

Highland, IN, 46322

^$ 349,000

Bedrooms5 Baths2.0

Monthly Estimate*

^$ 2,204

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Multi-Family Home for sale in Highland, IN

for $349,000 with 5 bedrooms and 2 full baths. This home was built in 1967 on a lot size of 0.1778.

Excellent investment opportunity in the heart of Highland! This fully leased duplex features one 3-bedroom, 1-bath unit and one 2-bedroom, 1-bath unit, offering approximately 2,202 total square feet. Built in 1967, the property generates 3,135 per month (37,620 annually) with leases in place through 2026 and 2027, providing immediate, stable cash flow. Market rents offer additional upside potential. Owner pays gas, water, sewer, and trash; tenants pay electric, lawn care, and snow removal. Conveniently located near major highways, shopping, dining, and the Illinois state line, making it an attractive rental location.

Multi-Family Active

Price

^$ 349,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 6,254

Style

Duplex

Lot Size

0.1778

Year Built

1967

Town/City

Highland

County/Region

Lake

MLS | Web ID

842290

Features

Interior

Interior Amenities None

Fireplace Y/N N

Above Grade Finished Area 2202

Total Bedrooms 5

Total Baths 2

General

Sewer Public Sewer

Heating Baseboard

Appliances Gas Range Refrigerator Microwave

Garage Spaces 2.5

Pets Allowed Yes

Year Built 1967

View Neighborhood

Township North

Levels Bi-Level

Property Subtype Duplex

Tax Year 2024

County Lake

New Construction N

Property Type Residential Income

Subdivision Name Homestead Gardens Master Add

Garage Y/N Y

Full Baths 2

Status Active

Directions From Indianapolis Blvd (US-41) head east on Ridge Road. Turn left (north) onto Kennedy Avenue then right onto North Drive. Property will be on the right

City Highland

Lot Size Square Feet 7744

Listing Terms Cash VA Loan FHA Conventional

Tax Annual Amount 6254

Standard Status Active

Tax Assessed Value 322300

Legal Description HOMESTEAD GARDENS MASTER ADD. ALL L.26 BL.22

Exterior

Parking Features Driveway Detached

Lot Features Back Yard

Water Source Public

Lot Size Acres 0.1778

Lot Size Source Assessor

Waterfront Y/N N

* Excluded Features

List By

Tariq Suboh

Listing Agent

Ellsbury Group

Broker

Tariq@EllsburyGroup.com

Affordability Calculator

$2,725

Per Month

Monthly Principal & Interest: $2,204
Monthly Property Taxes: $521
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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 Highland, IN

Average List Price ^$0

Percent of Sale Price 100%

About Highland, IN

23,896 Population

2% Since 2002

^$62,432 Median Income

42.29 Median Age

25% 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
7/14/2026	$349,000		Listed Price

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7920 North Drive, Highland, IN, 46322 is a Multi-Family Home for sale at $349,000 with a lot size of 0.1778. 7920 North Drive has 5 bedrooms, 2.0 baths, and was built in 1967. The property's zip code is 46322 which is in Highland, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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 7/15/2026.

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7920 North Drive

Multi-Family Home for sale in Highland, IN

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