$240,000
SOLD OCT 25, 2019

2035 Davidson Place Whiting, IN 46394

12 Beds
5 Baths
4,500 Sq Ft
4,748 Sq Ft Lot

Recently Sold

$53 Per Sq Ft

75 Days on Market

About This Home

As of February 2024

Welcome to the Little City on the Lake, Whiting, Indiana, and an excellent investment opportunity located just a few blocks from the 119th Street downtown district. 2035 Davidson Place is a money maker with its Five Bedroom Front House, 2 Three Bedroom Apartments in the Rear Building, and an additional One Bedroom Apartment in the Front Building. All three apartments have been recently renovated to maximize rents, reduce turnover expenses, and attract high quality tenants. The front house has a long term tenant that treats the house like her home and would love to stay, but if you so choose, rehabbing this 5 bed 2 bath home on a full, walkout basement could increase revenue another $600+. As it stands this urban cash cow gross rent totals $3210/mo! Net income, after debt service, is near 35% return on your down payment! Did I mention this home is situated less than a mile from the Skyway and about 20 minutes from the Chicago Loop? See listing number 458357 for more information.

Last Agent to Sell the Property

Nathan Reeder

Reeder Companies License #RB14034744 Listed on: 07/12/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,861

Year Built

  • Built in 1921

Lot Details

  • 4,748 Sq Ft Lot

Home Design

  • 4,500 Sq Ft Home

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 5 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 450307283005000025

Community Details

Overview

  • 4 Units
  • Schrages 02 Add/Whiting Subdivision

Additional Features

  • Community Deck or Porch
  • Fenced around community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,861

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1921
  • Reso Property Sub Type: Income Property
  • Reso Association Amenities: Deck/Patio, Fenced Yard
  • Co List Office Mls Id: GNR31
  • Subdivision Name: Schrages 02 Add/Whiting
  • GNR_TotalBathrooms: 5
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_Auction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 5
  • Total Bedrooms: 12

Exterior Features

  • Acres: 0.109

Garage/Parking

  • Parking Features: None

Lot Info

  • Lot Size Sq Ft: 4748
  • Parcel #: 450307283005000025
  • Zoning Description: Apartments 4-9 Family

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2861

Range of Values:

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Average Value
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List Price
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

    92 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: GNR458696

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 and is currently priced at $240,000, approximately $53 per square foot. 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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