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$250,000 Just Listed
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Property Description
Investor's Dream in Prime Whiting Location Welcome to 2804 Schrage Ave, a rare opportunity to own two updated 2-bedroom homes on one lot in one of Whiting's most desirable rental areas! Whether you're house hacking or building your investment portfolio, this unique property offers strong rental income potential. The front home features a spacious layout with a full basement, perfect for additional storage or future living space. The rear home is a comfortable slab-style residence with an efficient floor plan. Both homes are equipped with central air conditioning, offering modern comfort year-round. Situated on a well-maintained lot with a private yard, this property offers both tenants and owners space to relax outdoors. Just minutes from downtown Whiting, Lake Michigan, and the refinery, this location remains a top choice for long-term tenants and commuters alike. Live in one and rent the other, or rent both for consistent monthly cash flow. Properties like this are hard to come by. Don't miss your chance to own a true income-generating gem!
Full Property Details
Full Property Details for 2804 Schrage Ave
General
- Price: $250,000
- Taxes: $2,740 (2024)
- Status: Active
- Type: Multi-Family
- Source: GNIAR
- MLS ID: 836986
- Updated: 4/13/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Ceiling Fan(s)
- Appliances: None
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Exterior
- Exterior Features: Private Yard
Parking
- Parking Features: Alley Access, Off Street, Concrete
Location
- County: Lake
- Township: North
- Subdivision: Davidsons Add 07
- Driving Directions: new york to 128th to right on schrage
Heating & Cooling
- Heating Type: Central, Forced Air
Structural Information
- Year Built: 1961
Lot Features
- Lot Size (Acres): 0.1148
- Lot Size (Sq. Ft.): 5,000
- Lot Features: Back Yard, Front Yard
Financial Considerations
- Tax Amount: $2,740
- Tax Year: 2024
- Terms: Cash, VA Loan, FHA, Conventional
Disclosures and Reports
- Legal Description: DAVIDSON'S 7TH ADD. LOT 3 BL.7 ALL LOT 4 BL.7
- Property ID: 450317153015000025
Listed by Epique Realty
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Schools
Schools serving 2804 Schrage Ave
School District:Whiting School City
| Name | Grades | Distance |
|---|---|---|
Nathan Hale Elementary School, Whiting, IN 1831 Oliver Street, Whiting, IN 46394 | PK-5 | 1.2 mi |
Whiting Middle School 1800 New York Avenue, Whiting, IN 46394 | 6-8 | 1.3 mi |
Whiting High School 1751 Oliver Street, Whiting, IN 46394 | 9-12 | 1.3 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 2804 Schrage Ave
Date
Details
Price
Change
Source
4/13/2026
Listed
$250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2804 Schrage Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,602
—
$139,300
2%
2024
$2,602
-55%
$137,000
5%
2023
$5,731
171%
$130,100
23%
2022
$2,112
-47%
$105,600
6%
2020
$3,984
115%
$99,800
4%
2019
$1,856
—
$96,300
4%
2019
$1,856
101%
$92,800
104%
2018
$924
2%
$45,500
2%
2017
$905
—
$44,500
-55%
2017
$905
-1%
$98,900
-28%
2016
$915
2%
$137,200
1%
2015
$896
-17%
$136,300
7%
2013
$1,074
1%
$127,100
-1%
2012
$1,066
—
$128,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2804 Schrage Ave
2804 Schrage Avenue, Whiting, IN 46394 (MLS# 836986) is a Multi-Family property with units containing 5 bedrooms and 2 full bathrooms. 2804 Schrage Avenue is currently listed for $250,000 and was received on April 13, 2026. Want to learn more about 2804 Schrage Avenue? Do you have questions about finding other Multi-Family real estate for sale in Whiting? You can browse all Whiting real estate or contact a Coldwell Banker agent to request more information.

