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$285,000
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Property Description
This 5 rental property offers four residential units & a commercial tenants in a high demand rental market. With low maintenance requirements and upside for rent increases, this property is ideal for an investor seeking great cash flow.
Full Property Details
Full Property Details for 4947 Northcote Ave
General
- Sold For: $285,000
- Taxes: $6,328 (2024)
- Status: Closed
- Type: Multi-Family
- Source: GNIAR
- MLS ID: 823108
- Added to Site: 252 day(s) ago
Interior
- Interior Features: Other
- Appliances: Other
Rooms
Bedrooms
- Total Bedrooms: 9
Exterior
- Exterior Features: Other
Parking
- Garage Spaces: 1
- Parking Features: Other
Location
- County: Lake
- Township: North
- Subdivision: Second Principal Meridian Sub
- Driving Directions: Take I-94 Exit Ramp going north for Calumet Ave. Continue Straight for 4 miles. Turn right on 150th street. After a mile, turn left on Northcote Ave. Building is facing East from there. Park on the street.
Heating & Cooling
- Heating Type: Other
Structural Information
- Year Built: 1918
Lot Features
- Lot Size (Acres): 0.0803
- Lot Size (Sq. Ft.): 3,500
- Lot Features: Other
Financial Considerations
- Tax Amount: $6,328
- Tax Year: 2024
- Terms: Cash, VA Loan, Other, Conventional
Disclosures and Reports
- Legal Description: SUBDIV. NW. S.32 T.37 R.9 ALL L.25 BL.5 SUBJ. TO EASEMENT
- Property ID: 450332127022000024
Listed by Ellsbury Group
Sold by Reeder Companies
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Schools
Schools serving 4947 Northcote Ave
School District:City of East Chicago School District
| Name | Grades | Distance |
|---|---|---|
East Chicago Central High School 1100 West Columbus Drive, East Chicago, IN 46312 | 9-12 | 1.2 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 4947 Northcote Ave
Date
Details
Price
Change
Source
2/02/2026
Sold
$285,000
-4.68%
MLS
10/21/2025
Price Reduced
$299,000
-14.45%
MLS
7/29/2025
Price Reduced
$349,500
-6.8%
MLS
6/25/2025
Listed
$375,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4947 Northcote Avenue, East Chicago, IN 46312 (MLS# 823108) is a Multi-Family property that was sold at $285,000 on February 02, 2026. Want to learn more about 4947 Northcote Avenue? Do you have questions about finding other Multi-Family real estate for sale in East Chicago? You can browse all East Chicago real estate or contact a Coldwell Banker agent to request more information.

