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$425,000
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Property Description
Charming 4-Plex in the Sweet Town of Lowell, IN! Fantastic opportunity to own a well-maintained 4-unit investment property in the heart of highly desirable Lowell, IN! This unique building offers two single-level units and two spacious two-story units, appealing to a variety of renters. Enjoy peace of mind with a new roof (2022) and new windows (2021) already taken care of. 3 units have been freshly painted. The property features private parking in the rear of the building, adding convenience and value for tenants. Two units are currently rented, providing immediate income, while two are vacant and ready for a new owner to lease--perfect for customizing your rental strategy or even living in one unit while renting the others. Located close to downtown Lowell, there is easy access to shopping, dining, schools, and parks in a town known for its strong community and excellent school system. Whether you're a seasoned investor or just getting started, this 4-plex is a rare find with upside potential. This building is a great opportunity in a community-focused town with a strong rental demand!
Full Property Details
Full Property Details for 367 Commanche Dr
General
- Sold For: $425,000
- Taxes: $5,544 (2024)
- Status: Closed
- Type: Multi-Family
- Source: GNIAR
- MLS ID: 824197
- Added to Site: 185 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Eat-in Kitchen
- Appliances: Gas Range, Refrigerator, Gas Water Heater
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Exterior
- Exterior Features: Other
Parking
- Parking Features: Off Street, Paved
Location
- County: Lake
- Township: West Creek
- Subdivision: NA
- Driving Directions: Take US 41 to Rt 2 go East, go to N Nichols St, go North to Commanche Dr. go East to property.
Heating & Cooling
- Heating Type: Forced Air, Other
Structural Information
- Year Built: 1960
Lot Features
- Lot Size (Acres): 0.417
- Lot Size (Sq. Ft.): 18,165
- Lot Features: Front Yard, Paved, Rectangular Lot, Landscaped
Financial Considerations
- Tax Amount: $5,544.2
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: W. 110FT. OF E. 367FT. OF S.1/2 N.1/2 NE. SE. SE. S.22 T.33 R.9 .417AC.
- Property ID: 451922481008000038
Listed and Sold by Listing Leaders
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Schools
Schools serving 367 Commanche Dr
School District:Tri-Creek School Corporation
| Name | Grades | Distance |
|---|---|---|
Lowell Middle School, Lowell, IN 19250 Cline Avenue, Lowell, IN 46356 | 5-8 | 1.5 mi |
Lowell Senior High School, Lowell, IN 2051 East Commercial Avenue, Lowell, IN 46356 | 9-12 | 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 367 Commanche Dr
Date
Details
Price
Change
Source
8/15/2025
Sold
$425,000
6.52%
MLS
7/14/2025
Listed
$399,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
367 Commanche Drive, Lowell, IN 46356 (MLS# 824197) is a Multi-Family property that was sold at $425,000 on August 15, 2025. Want to learn more about 367 Commanche Drive? Do you have questions about finding other Multi-Family real estate for sale in Lowell? You can browse all Lowell real estate or contact a Coldwell Banker agent to request more information.

