1500 Camellia Drive, Munster, IN 46321
New Listing
$916,000
Property Type:
Residential Income
Bedrooms:
8
Baths:
4
Lot Size (sq. ft.):
23,610
Status:
Active
Current Price:
$916,000
List Date:
9/09/2026
Last Modified:
9/09/2026
Listing Details MLS# 844998
General Property Information
- New Construction YN
- No
- Number Of Units Total
- 4
- Bedrooms Total
- 8
- Bathrooms Full
- 6
- Bathrooms Total
- 4
- Above Grade Finished Area
- 7232
- Living Area Source
- Assessor
- Year Built
- 1977
- Garage YN
- Yes
- Garage Spaces
- 4
- Parking Total
- 8
- Accessibility Features YN
- No
- Lot Size Acres
- 0.542
- Lot Size Square Feet
- 23610
- Lot Size Source
- Public Records
- Association YN
- No
- Waterfront YN
- No
- Basement YN
- No
- Fireplace YN
- Yes
Property Features
Appliances:
Dishwasher; Electric Range; Microwave; Refrigerator
Basement:
Unfinished
Cooling:
Central Air
Electric:
200+ Amp Service
Exterior Features:
Balcony
Fireplace Features:
Wood Burning
Flooring:
Tile; Vinyl
Heating:
Forced Air; Natural Gas
Interior Features:
Cathedral Ceiling(s); Granite Counters
Laundry Features:
Laundry Room
Levels:
2-Sty
Listing Terms:
Cash; Conventional; FHA; VA Loan
Lock Box Information:
Call Listing Office
Lot Features:
Landscaped; Paved
Other Structures:
Garage(s)
Owner Pays:
Insurance; Taxes; Trash Collection; Water
Parking Features:
Off Street
Pets Allowed:
No
Possession:
Subject To Tenant Rights
Rent Includes:
Water
Sewer:
Public Sewer
Special Listing Conditions:
None
Tenant Pays:
Cable TV; Electricity; Insurance
Utilities:
Electricity Connected; Sewer Connected; Water Connected
Water Source:
Public
Contract Information
- Auction YN
- No
- Original List Price
- 916000
- Lease Considered YN
- No
- 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
- 1500
- 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, 1500 Camellia Drive delivers the stability, location strength, and operational simplicity investors prioritize.
Status Change Information
- Major Change Timestamp
- 2026-09-09T02:36:39Z
- Major Change Type
- New Listing
- Status Change Timestamp
- 2026-09-08
More Information
Exemption Information
- Exemption YN
- No
Fireplace Features
- Fireplaces Total
- 2
Income and Expenses
- Cap Rate
- 7
- Electric Expense
- 1080
- Expense Year
- 2025
- Insurance Expense
- 4200
- New Taxes Expense
- 12374.68
- Total Actual Rent
- 88800
- Trash Expense
- 796.08
- Water Expense
- 1800
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
- 2050
- # Of Bedrooms
- 2
- # Of Bathrooms
- 2
Unit 2
- Unit Description
- Unit 2
- Unit Number
- 2
- Square Feet
- 1500
- Occupied YN
- Yes
- Rent
- 1600
- # Of Bedrooms
- 2
- # Of Bathrooms
- Yes
- # Of Full Baths
- Yes
Unit 3
- Unit Description
- Unit 3
- Unit Number
- 3
- Square Feet
- 1500
- Occupied YN
- Yes
- Rent
- 2150
- # Of Bedrooms
- 2
- # Of Bathrooms
- 2
Unit 4
- Unit Description
- Unit 4
- Unit Number
- 4
- Square Feet
- 1500
- Occupied YN
- Yes
- Rent
- 1600
- # Of Bedrooms
- 2
- # Of Bathrooms
- Yes
- # Of Full Baths
- Yes
Showing Requirements
- Showing Instructions
- Please use Showing assist
Listing Office:
McCormick Real Estate, Inc.
Last Updated: September - 09 - 2026
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