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$1,465,000
93 Days On Site
14424 Morse StreetCedar Lake, IN 46303
For Sale|Multi Family|Active
0
Beds
0
Total Baths
13,320
SqFt
$110
/SqFt
1930
Built
County:
Lake
Listing courtesy of Andrew Page of Ellsbury Group andypage201@yahoo.com as distributed by MLS GRID
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This exceptional investment opportunity offers 15 residential units and one retail space in the highly desirable and supply-constrained Cedar Lake rental market. Nearly all residential units have been recently renovated with modern finishes, providing investors with a turnkey asset that requires minimal immediate capital improvements. The property's strong in-place cash flow, significant unit count, and continued potential for future rent growth make it an outstanding opportunity for investors seeking both stability and long-term upside in one of Northwest Indiana's most sought-after rental markets.
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Listing Snapshot
Price
$1,465,000
Days On Site
93 Days
Bedrooms
N/A
Inside Area (SqFt)
13,320 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.567 Acres
Year Built
1930
MLS® Number
842277
Status
Active
Property Tax
$17,973
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Appraiser
Friends & Family
Recent Activity
| 2 months ago | Listing updated with changes from the MLS® | |
| 2 months ago | Price changed to $1,465,000 | |
| 3 months ago | Listing first seen on site |
General Features
Acres
0.567
Additional Property Use
Multi-Family
Building Features
Other
Number Of Stories
2
Parking Spaces
26
Property Sub Type
Multi Family
Sewer
Public Sewer
Utilities
Electricity ConnectedWater ConnectedSewer ConnectedOtherNatural Gas Connected
Water Source
Public
Interior Features
Appliances
Other
Cooling
Central AirOther
Electric
100 Amp Service
Heating
Forced AirOther
Interior
Other
Laundry Features
Main Level
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Exterior Features
Construction Details
Other
Exterior
Other
Lot Features
Other
Roof
Other
Community Features
Township
Center
Financing Terms Available
CashConventional
Listing courtesy of Andrew Page of Ellsbury Group andypage201@yahoo.com as distributed by MLS GRID
Listing information is provided by Participants of the Greater Northwest Indiana Association of REALTORS MLS. 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. Copyright 2026, Greater Northwest Indiana Association of REALTORS MLS.
Based on information submitted to the MLS GRID as of 2026-10-16 01:29 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information is provided by Participants of the Greater Northwest Indiana Association of REALTORS MLS. 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. Copyright 2026, Greater Northwest Indiana Association of REALTORS MLS.
Based on information submitted to the MLS GRID as of 2026-10-16 01:29 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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