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$365,000
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Property Description
Rare opportunity to own a well-located duplex in Munster with built-in flexibility for both investors and owner-occupants. One unit is vacant and rent-ready, creating an ideal owner-occupied opportunity using FHA or owner-occupied conventional financing with minimal money down. The occupied unit currently rents for 1,775 per month, with the tenant paying all utilities, allowing the owner to cover only taxes, insurance, and maintenance. The vacant unit offers tremendous upside--move in, or rent immediately. Each unit features its own one-car garage, adding convenience and value. Whether you're looking to house hack, offset your mortgage, or add a stable asset to your portfolio, this property checks all the boxes.
Full Property Details
Full Property Details for 8206-8208 Highland Ln
General
- Sold For: $365,000
- Taxes: $7,097 (2024)
- Status: Closed
- Type: Multi-Family
- Source: GNIAR
- MLS ID: 832481
- Added to Site: 56 day(s) ago
Interior
- Interior Features: None
- Appliances: Other
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Parking
- Garage Spaces: 2
- Parking Features: Detached
Location
- County: Lake
- Township: North
- Subdivision: N/A
- Driving Directions: From Calumet Avenue, go west on Ridge Road, turn north on Manor Drive, turn west on Broadmoor, and then south on Highland Place.
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Structural Information
- Year Built: 1943
Lot Features
- Lot Size (Acres): 0.0886
- Lot Size (Sq. Ft.): 3,861
- Lot Features: Other
Financial Considerations
- Tax Amount: $7,097.98
- Tax Year: 2024
- Terms: Cash, VA Loan, FHA, Conventional
Disclosures and Reports
- Legal Description: Hollywood Manor Lot 47 & S.1ft of Lot 48 & Hollywood Manor N. 31ft. of Lot 46
- Property ID: 450624128049000027
Listed by Ellsbury Group
Sold by Non Member
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Price & Sales History for 8206-8208 Highland Ln
Date
Details
Price
Change
Source
2/03/2026
Sold
$365,000
-1.08%
MLS
1/07/2026
Listed
$369,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8206-8208 Highland Lane, Munster, IN 46321 (MLS# 832481) is a Multi-Family property that was sold at $365,000 on February 03, 2026. Want to learn more about 8206-8208 Highland Lane? Do you have questions about finding other Multi-Family real estate for sale in Munster? You can browse all Munster real estate or contact a Coldwell Banker agent to request more information.

