1436 Camellia Drive, 1-4, Munster, IN 46321

$886,000
Property Type: Residential Income Bedrooms: 8 Baths: 6 Lot Size (sq. ft.): 19,166 Status: Active
Current Price: $886,000 List Date: 9/09/2026 Last Modified: 9/15/2026

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 both ...

Listing Details MLS# 845012

General Property Information

New Construction YN
No
Number Of Units Total
4
Bedrooms Total
8
Bathrooms Full
4
Bathrooms Half
2
Rooms Total
16
Bathrooms Total
6
Above Grade Finished Area
3552
Living Area Source
Assessor
Year Built
1977
Garage YN
Yes
Garage Spaces
4
Parking Total
8
Lot Size Acres
0.44
Lot Size Square Feet
19166.4
Lot Size Source
Assessor
Association YN
No
Waterfront YN
No
Basement YN
Yes
Fireplace YN
Yes
Senior Community YN
No

Property Features

Appliances: Dishwasher; Electric Range; Microwave; Refrigerator Basement: Unfinished Cooling: Central Air Exterior Features: Balcony Fencing: None Fireplace Features: Wood Burning Flooring: Tile; Vinyl Foundation Details: Slab Heating: Forced Air Interior Features: Eat-in Kitchen; Laminate Counters; Open Floorplan; Recessed Lighting; Walk-In Closet(s) Laundry Features: Laundry Room Levels: 2-Sty Listing Terms: Cash; Conventional; FHA; VA Loan Lock Box Information: Call Listing Office Lot Features: Paved Other Equipment: None Owner Pays: Common Area Maintenance; Exterior Maintenance; Grounds Care; Hot Water; HVAC Maintenance; Roof Maintenance; Sewer; Snow Removal; Taxes; Trash Collection; Water Parking Features: Detached; Garage Door Opener Pets Allowed: No Pool Features: None Possession: Close Of Escrow Rent Includes: Water Road Frontage Type: City Street Sewer: Public Sewer Special Listing Conditions: Standard Tenant Pays: Electricity; Insurance Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected View: Neighborhood Water Source: Public Window Features: Blinds

Contract Information

Auction YN
No
Original List Price
886000
Lease Considered YN
No
Property Sub Type
Quadruplex
Listing Agreement
Exclusive Right To Sell
Seller to consider offering concessions
No
Owner Name
Gna Property Group LLC
Occupant Type
Tenant

Location Tax and Legal

Street Number
1436
Street Name
Camellia
Street Suffix
Drive
Unit Number
1-4
County
Lake
State
IN
Postal Code
46321
Subdivision Name
1436 Camellia Condo

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, 1436 Camellia Drive delivers the stability, location strength, and operational simplicity investors prioritize.

Status Change Information

Major Change Timestamp
2026-09-09T15:45:15Z
Major Change Type
New Listing
Status Change Timestamp
2026-09-09

More Information

Exemption Information

Exemption YN
No

Fireplace Features

Fireplaces Total
Yes

Income and Expenses

Cap Rate
7

Unit Details

Number Of Efficiencies
4
Number Of Two Bedroom Units
4
Number Of Apartments
4

Unit 1

Unit Description
Unit 1
Unit Number
Yes
Square Feet
1500
Occupied YN
Yes
Rent
1950
# Of Bedrooms
2
# Of Bathrooms
2

Unit 2

Unit Description
Unit 2
Unit Number
2
Square Feet
1392
Occupied YN
Yes
Rent
1650
# Of Bedrooms
2
# Of Bathrooms
Yes
# Of Full Baths
Yes

Unit 3

Unit Description
Unit 3
Unit Number
3
Square Feet
1392
Occupied YN
Yes
Rent
1950
# Of Bedrooms
2
# Of Bathrooms
2

Unit 4

Unit Description
Unit 4
Unit Number
4
Square Feet
1392
Occupied YN
Yes
Rent
1650
# Of Bedrooms
2
# Of Bathrooms
Yes

Showing Requirements

Showing Instructions
Please use Showing assist
Listing Office: McCormick Real Estate, Inc.
Last Updated: September - 15 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Triangle MLS, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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