1424 Camellia Drive, Munster, IN 46321

New Listing
$886,000
Property Type: Residential Income Bedrooms: 9 Baths: 5 Lot Size (sq. ft.): 17,990 Status: Active
Current Price: $886,000 List Date: 9/09/2026 Last Modified: 9/09/2026

Overview

Description

A rare chance to acquire a fully turnkey multi unit asset in one of Munster's most stable, high demand neighborhoods. Properties in this corridor offer exceptional long term performance, low vacancy rates, and strong tenant profiles — making this an ideal addition to any portfolio. This multi unit setup provides immediate income potential with clean, functional layouts designed for durability and ease of management. Each unit offers bright living spaces, comfortable bedrooms, and practical finishes that minimize maintenance costs and support long term tenancy. The property's move in ready condition eliminates upfront renovation expenses, allowing investors to activate cash flow from day one. The exterior is equally low maintenance, featuring a well kept yard and solid curb appeal that enhances tenant retention and future resale value. Munster's top rated schools, medical facilities, parks, and commuter access continue to drive consistent demand — giving investors confidence in bo ...

Listing Details MLS# 845000

General Property Information

New Construction YN
No
Number Of Units Total
4
Bedrooms Total
9
Bathrooms Full
4
Bathrooms Half
Yes
Rooms Total
17
Bathrooms Total
5
Above Grade Finished Area
4428
Living Area Source
Assessor
Year Built
1977
Garage YN
Yes
Garage Spaces
4
Parking Total
8
Lot Size Acres
0.413
Lot Size Square Feet
17990
Lot Size Source
Assessor
Association YN
No
Waterfront YN
No
Basement YN
Yes
Fireplace YN
No

Property Features

Appliances: Electric Range; Microwave; Refrigerator Basement: Unfinished Cooling: Central Air Flooring: Tile; Vinyl Heating: Forced Air Interior Features: None Laundry Features: Laundry Room Levels: 2-Sty Listing Terms: Cash; Conventional Lock Box Information: SentriLock Lot Features: Landscaped; Other Owner Pays: Common Area Maintenance; Exterior Maintenance; Insurance; Roof Maintenance; Snow Removal; Taxes; Trash Collection; Water Parking Features: Attached; Detached; Off Street Pets Allowed: No Possession: Close Of Escrow; Subject To Tenant Rights Rent Includes: Water Sewer: Public Sewer Special Listing Conditions: Standard Tenant Pays: Cable TV; Electricity; Insurance Utilities: Electricity Connected; Sewer Connected; Water Connected Water Source: Public

Contract Information

Auction YN
No
Original List Price
886000
Property Sub Type
Quadruplex
Listing Agreement
Exclusive Right To Sell
Owner Name
Gna Property Group LLC
Occupant Type
Tenant

Location Tax and Legal

Street Number
1424
Street Name
Camellia
Street Suffix
Drive
County
Lake
State
IN
Postal Code
46321
Subdivision Name
Fairmeadow Add 28

Remarks and Miscellaneous

Public Remarks
A rare chance to acquire a fully turnkey multi unit asset in one of Munster's most stable, high demand neighborhoods. Properties in this corridor offer exceptional long term performance, low vacancy rates, and strong tenant profiles — making this an ideal addition to any portfolio. This multi unit setup provides immediate income potential with clean, functional layouts designed for durability and ease of management. Each unit offers bright living spaces, comfortable bedrooms, and practical finishes that minimize maintenance costs and support long term tenancy. The property's move in ready condition eliminates upfront renovation expenses, allowing investors to activate cash flow from day one. The exterior is equally low maintenance, featuring a well kept yard and solid curb appeal that enhances tenant retention and future resale value. Munster's top rated schools, medical facilities, parks, and commuter access continue to drive consistent demand — giving investors confidence in both short term performance and long term appreciation. Whether you're expanding your multi unit holdings, seeking a reliable turnkey rental, or positioning for future value growth, 1424 Camellia Drive delivers the stability, location strength, and operational simplicity investors prioritize.

Status Change Information

Major Change Timestamp
2026-09-09T03:23:44Z
Major Change Type
New Listing
Status Change Timestamp
2026-09-08

More Information

Exemption Information

Exemption YN
No

Income and Expenses

Cap Rate
7

Unit Details

Number Of Efficiencies
4
Number Of Two Bedroom Units
3
Number Of Three Bedroom Units
Yes
Number Of Apartments
4

Unit 1

Unit Description
Unit 1
Unit Number
Yes
Square Feet
1200
Occupied YN
Yes
Rent
1950
# Of Bedrooms
3
# Of Bathrooms
2
# Of Full Baths
2

Unit 2

Unit Description
Unit 2
Unit Number
2
Square Feet
1200
Occupied YN
Yes
Rent
1700
# Of Bedrooms
2
# Of Bathrooms
Yes
# Of Full Baths
Yes

Unit 3

Unit Description
Unit 3
Unit Number
3
Square Feet
1200
Occupied YN
Yes
Rent
1600
# Of Bedrooms
2
# Of Bathrooms
Yes
# Of Full Baths
Yes

Unit 4

Unit Description
Unit 4
Unit Number
4
Square Feet
1200
Occupied YN
Yes
Rent
1600
# Of Bedrooms
2
# Of Bathrooms
Yes
# Of Full Baths
Yes

Showing Requirements

Showing Instructions
Please use Showing time.
Listing Office: McCormick Real Estate, Inc.
Last Updated: September - 09 - 2026
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