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$349,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 5 Total Beds
  • 2.5 Car Garage
  • Updated 2 hours ago
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Excellent investment opportunity in the heart of Highland! This fully leased duplex features one 3-bedroom, 1-bath unit and one 2-bedroom, 1-bath unit, offering approximately 2,202 total square feet. Built in 1967, the property generates 3,135 per month (37,620 annually) with leases in place through 2026 and 2027, providing immediate, stable cash flow. Market rents offer additional upside potential. Owner pays gas, water, sewer, and trash; tenants pay electric, lawn care, and snow removal. Conveniently located near major highways, shopping, dining, and the Illinois state line, making it an attractive rental location.

Full Property Details for 7920 North Dr

General

  • Price: $349,000
  • Taxes: $6,254 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: GNIAR
  • MLS ID: 842290
  • Updated: Today (7/14/2026)
  • Added to Site: Today

Interior

  • Interior Features: None
  • Appliances: Gas Range, Refrigerator, Microwave

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 5

Parking

  • Garage Spaces: 2.5
  • Parking Features: Driveway, Detached

Location

  • County: Lake
  • Township: North
  • Subdivision: Homestead Gardens Master Add
  • Driving Directions: From Indianapolis Blvd (US-41), head east on Ridge Road. Turn left (north) onto Kennedy Avenue, then right onto North Drive. Property will be on the right

Community

  • Pets Allowed: Yes

Heating & Cooling

  • Heating Type: Baseboard

Structural Information

  • Year Built: 1967

Lot Features

  • Lot Size (Acres): 0.1778
  • Lot Size (Sq. Ft.): 7,744
  • Lot Features: Back Yard

Financial Considerations

  • Tax Amount: $6,254
  • Tax Year: 2024
  • Terms: Cash, VA Loan, FHA, Conventional

Disclosures and Reports

  • Legal Description: HOMESTEAD GARDENS MASTER ADD. ALL L.26 BL.22
  • Property ID: 450715351027000026

Listed by Ellsbury Group

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Listing agent

— 7920 North Dr —

  • Ellsbury Group

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 7920 North Dr

School District:Highland School Town
NameGradesDistance
Judith Morton Johnston Elementary
8220 5th Street, Highland, IN 46322
K-50.6 mi
Highland Middle School, Highland, IN
2941 41st Street, Highland, IN 46322
6-81.7 mi
Highland High School, Highland, IN
9135 Erie Street, Highland, IN 46322
9-121.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7920 North Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/14/2026
Listed
$349,000
2.65%
MLS
6/30/2023
Sold
$340,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 7920 North Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,333
—
$343,600
7%
2024
$5,333
-16%
$322,300
31%
2023
$6,363
46%
$245,200
12%
2022
$4,370
-6%
$218,500
15%
2020
$4,637
29%
$190,300
3%
2019
$3,587
—
$184,800
4%
2019
$3,587
-10%
$177,100
6%
2018
$3,987
2%
$167,800
4%
2017
$3,917
—
$162,100
3%
2017
$3,917
4%
$156,800
1%
2016
$3,778
76%
$155,500
—
2015
$2,152
—
$155,400
8%
2013
$2,147
—
$144,000
-2%
2012
$2,139
—
$146,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Ellsbury Group

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7920 North Drive, Highland, IN 46322 (MLS# 842290) is a Multi-Family property with units containing 5 bedrooms and 2 full bathrooms. 7920 North Drive is currently listed for $349,000 and was received on July 14, 2026. Want to learn more about 7920 North Drive? Do you have questions about finding other Multi-Family real estate for sale in Highland? You can browse all Highland real estate or contact a Coldwell Banker agent to request more information.

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