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Image 1 - 12986 Colfax St, Cedar Lake, Indiana, 46303 - House for sale
Image 2 - 12986 Colfax St, Cedar Lake, Indiana, 46303 - House for sale
Image 3 - 12986 Colfax St, Cedar Lake, Indiana, 46303 - House for sale
Image 4 - 12986 Colfax St, Cedar Lake, Indiana, 46303 - House for sale
Image 5 - 12986 Colfax St, Cedar Lake, Indiana, 46303 - House for sale
Image 6 - 12986 Colfax St, Cedar Lake, Indiana, 46303 - House for sale
Image 7 - 12986 Colfax St, Cedar Lake, Indiana, 46303 - House for sale
Image 8 - 12986 Colfax St, Cedar Lake, Indiana, 46303 - House for sale
Image 9 - 12986 Colfax St, Cedar Lake, Indiana, 46303 - House for sale
Colfax St, Cedar Lake, Home For Sale
12986 Colfax St, Cedar Lake, Indiana, 46303

Colfax St, Cedar Lake, Home For Sale

house for sale
Listed: 06/23/24

12986 Colfax St, Cedar Lake, Indiana, 46303

4 Bed:
2 Bath:
Save
Price
$ 325,000

About This House

Prime Investment Opportunity in Cedar LakeDiscover an exceptional investment opportunity in the heart of Cedar Lake. This charming ranch-style multi-unit duplex is perfect for savvy buyers looking to capitalize on rental income or enjoy lakeside living while generating revenue. Rent both units or live in one and lease the other.Recent Renovations:Unit 12986 Colfax (Tenant-Occupied):Fully remodeled in2022/232bedrooms, new bathroom, living room, galley kitchen, dining room, laundry/utility roomNew flooring, water heater (2022), dishwasher (2021), refrigerator and washer (2023)Unit6451 W129th Ave (Owner-Occupied):Fully remodeled in 20222 bedrooms, bathroom, living room with fireplace, galley kitchen, dining room, laundry/utility roomNew flooring, water heater, microwave and refrigerator (2022)Additional Features:Tenants are responsible for their own utilities and lawn/snow maintenance.Each unit includes a sump pump and features a dry …  Full description

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Cedar Lake Housing & Living

Household Income

Median household income: $70,702
Number of households: 4,207
The average household income in Cedar Lake, IN grew from $63,107 to $70,702 in the past year. This data is an estimate based upon 4,207 households in Cedar Lake, IN.
The chart below presents how household income is distributed in Cedar Lake, IN in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $2k-$3k
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Cedar Lake, IN compared to median property taxes around the country. The prevalent amount of property taxes in Cedar Lake, IN equals $2k-$3k , which is less than the national average.