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2120 Schrage Avenue, Whiting, IN 46394

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For Sale

$475,000

0.05 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • 0 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

Rare brick 4-unit property on a desirable corner lot in Whiting, offering a unique combination of stability and value-add potential. Three units are currently occupied by long-term tenants, while the spacious potential owner's unit is vacant and recently updated, providing an excellent opportunity for either owner-occupancy or additional rental income. The property also features a large 4-car garage that is currently vacant, giving the new owner flexibility to use for personal storage, tenant parking, or as an additional income stream. Recent improvements include a new roof installed in 2022 and all new windows within the last five years, along with reliable infrastructure featuring all copper plumbing and PVC drains. With its prime location and clear room to add value, this is a rare investment opportunity that won't last.
MLS# 827750

Courtesy Of The Lyons Group Real Estate

(888) 611-3912

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Range, Refrigerator
  • Architecture Style
    Other
  • Heating System
    Forced Air
  • Lot Size
    0.05 Acres
  • Rooms
    Basement

Map and Directions

Directions to 2120 Schrage Avenue, Whiting, IN 46394

Home seller CENTURY 21 Circle

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Circle

(219) 738-2455
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
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  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.