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$330,000

  • Sold
  • Closed
  • Multi-Family
  • 4 Total Beds
  • 2 Car Garage
See This Home
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This well-located 3-unit property in Crown Point, IN offers a rare opportunity for both owner-occupants and investors looking to capitalize on one of Northwest Indiana's strongest rental markets.With a desirable unit mix of studio, one-bedroom, and two-bedroom layouts, and one unit currently vacant, it presents a perfect scenario for a buyer to move in while collecting rental income from the other two month-to-month tenants.The pro forma rent potential of 3,945/month highlights a strong opportunity to increase cash flow through market rent adjustments.Situated near downtown Crown Point in a neighborhood with strong demand and limited multifamily supply, this is a rare chance to acquire a stabilized asset with upside in both income and value.

Full Property Details for 216 E Goldsborough St

General

  • Sold For: $330,000
  • Taxes: $4,640 (2023)
  • Status: Closed
  • Type: Multi-Family
  • Source: GNIAR
  • MLS ID: 822630
  • Added to Site: 213 day(s) ago

Interior

  • Interior Features: None
  • Appliances: Dryer, Washer, Refrigerator, Gas Range

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 4

Exterior

  • Exterior Features: None

Parking

  • Garage Spaces: 2
  • Parking Features: Detached, On Street, Garage Faces Side, Driveway

Location

  • County: Lake
  • Township: Center
  • Subdivision: Railroad Add
  • Driving Directions: MAIN ST, EAST ON GOLDSBOROUGH TO PROPERTY ON CORNER OF GOLDSBOROUGH AND SHERMAN ST.

Heating & Cooling

  • Heating Type: Forced Air, Natural Gas

Structural Information

  • Year Built: 1878

Lot Features

  • Lot Size (Acres): 0.2121
  • Lot Size (Sq. Ft.): 9,240
  • Lot Features: Corner Lot

Financial Considerations

  • Tax Amount: $4,640
  • Tax Year: 2023
  • Terms: Cash, VA Loan, FHA, Conventional

Disclosures and Reports

  • Legal Description: RAILROAD ADD. EX. W.55FT OF LOTS 7 & 8 BL.26
  • Property ID: 451605451016000042

Listed by Ellsbury Commercial Group LLC
Sold by Better Homes and Gardens Real

Listing agents

— 216 E Goldsborough St —

  • Ellsbury Commercial Group LLC

  • Ellsbury Commercial Group LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 216 E Goldsborough St

School District:Crown Point Community School Corporation
NameGradesDistance
Timothy Ball Elementary School
720 West Summit Street, Crown Point, IN 46307
K-50.8 mi
Robert Taft Middle School
1000 South Main Street, Crown Point, IN 46307
6-81.7 mi
Crown Point High School
1500 South Main Street, Crown Point, IN 46307
9-122.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 216 E Goldsborough St

Date
Details
Price
Change
Source
7/18/2025
Sold
$330,000
10%
MLS
6/16/2025
Listed
$300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Ellsbury Commercial Group LLC
Sold by Better Homes and Gardens Real

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216 E Goldsborough Street, Crown Point, IN 46307 (MLS# 822630) is a Multi-Family property that was sold at $330,000 on July 18, 2025. Want to learn more about 216 E Goldsborough Street? Do you have questions about finding other Multi-Family real estate for sale in Crown Point? You can browse all Crown Point real estate or contact a Coldwell Banker agent to request more information.