NOT LISTED FOR SALE

2035 Davidson Place Whiting, IN 46394

12 Beds
5 Baths
6,711 Sq Ft
4,748 Sq Ft Lot

Last Sold February 28, 2024

Last sale price $350,000 $52 Per Sq Ft

35 Days on Market

About This Home

As of February 2024

Have you been looking for the ultimate opportunity to be paid to live in the home you purchase? This may be the right home(s) for you. Two buildings for the price of 1 with a total of 4 Units. The spacious front main house with 5 Bedrooms (and a 1-bedroom apartment), is what every owner-occupied landlord needs, as it provides some privacy, and separation from the tenant occupied units. Plus, there's two 3-Bedroom units in the rear building. The homes are in need of a little sweat equity; however, with three units tenant occupied, it is a positive cash flow investment that's ready for its new owner with fresh ideas. And, located less than a mile from the Skyway and about 30 minutes from the Chicago Loop is also conveniently located. Property is being sold as is.

Last Agent to Sell the Property

Larita Thomas

@properties/Christie's Intl RE License #RB18000650 Listed on: 12/01/2023

@properties/Christie's Intl RE

Last Buyer's Agent

Lizanne Pilot

Coldwell Banker Realty License #RB19000639

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,686

Year Built

  • Built in 1921

Lot Details

  • 4,748 Sq Ft Lot
  • Lot Dimensions are 40 x 119
  • Fenced

Home Design

  • Brick Foundation

Interior Spaces

  • Elevator
  • Basement

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 5 Full Bathrooms

Outdoor Features

  • Porch

Listing and Financial Details

  • Total Actual Rent $21,652
  • The owner pays for electricity, gas, sewer, water
  • Assessor Parcel Number 450307283005000025

Community Details

Overview

  • 4 Units
  • Schrages 02 Add/Whiting Subdivision

Building Details

  • Electric Expense $604
  • Maintenance Expense $1,895
  • Water Sewer Expense $685
  • New Taxes Expense $4,686
  • Gross Income $300
  • Net Operating Income $11,398

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,686

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1921
  • Reso Property Sub Type: Quadruplex
  • ResoOtherEquipment: None
  • Income And Expenses Maintenance Expense: 1895
  • Professional Management Expense: 3165
  • Co List Office Mls Id: NRA2041
  • Subdivision Name: Schrages 02 Add/Whiting
  • Above Grade Finished Sq Ft: 5236
  • Garage Yn: No
  • New Construction: No
  • WaterExpense: 685.00
  • SewerExpense: 604.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Elevator
  • Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 12
  • Below Grade Sq Ft: 1475
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Fenced
  • Acres: 0.109
  • Construction Type: Aluminum Siding, Brick, Clapboard
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
  • Water Source: Public

Lot Info

  • Lot Dimensions: 40 x 119
  • Lot Size Sq Ft: 4748
  • Parcel #: 450307283005000025

Rental Info

  • Owner Pays: Electricity, Gas, Sewer, Water
  • LeaseType: Net

Tax Info

  • Year: 2022
  • New Taxes Expense: 4686
  • Tax Annual Amount: 4686

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 604
  • Annual Gross Income: 300
  • Total Actual Rent: 21651.67

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2024 02/28/24 Sold $350,000 -4.1% $52 / Sq Ft
01/05/2024 01/05/24 Pending -- -- --
12/01/2023 12/01/23 For Sale $365,000 +52.1% $54 / Sq Ft
10/25/2019 10/25/19 Sold $240,000 0.0% $53 / Sq Ft
09/25/2019 09/25/19 Pending -- -- --
07/12/2019 07/12/19 For Sale $240,000 -- $53 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Larita Thomas

    Seller's Agent in 2024

    Larita Thomas

    @ Properties

    (219) 973-8481

    5 in this area

    215 Total Sales

    Larita Thomas
    Section Image
  • Lizanne Pilot

    Buyer's Agent in 2024

    Lizanne Pilot

    Coldwell Banker Realty

    (954) 263-7811

    1 in this area

    93 Total Sales

    Lizanne Pilot
    Section Image
  • Nathan Reeder

    Seller's Agent in 2019

    Nathan Reeder

    Reeder Companies

    (219) 989-4049

    33 Total Sales

    Nathan Reeder
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 542270

Northwest Indiana Association of REALTORS®

APN: 45-03-07-283-005.000-025

Indiana Lake County Whiting 46394

2035 Davidson Place, Whiting, IN

This home is located at 2035 Davidson Place, Whiting, IN 46394 since 01 December 2023. This property was built in 1921. 2035 Davidson Place is a home located in Lake County with nearby schools including Nathan Hale Elementary School, Whiting Middle School, and Whiting High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Indiana Association of REALTORS® Copyright 2025 MuItiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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