401 Dogwood Court, Hebron, IN 46341

$775,000
Property Type: Residential Income Lot Size (sq. ft.): 19,994 Status: Active
Current Price: $775,000 List Date: 5/23/2026 Last Modified: 8/28/2026

Overview

Description

INVESTMENT OPPORTUNITY IN HEBRON! 401 Dogwood Court is a 4-unit multifamily property offering two 3-bedroom units and two 2-bedroom units, making it a great opportunity for an investor looking to add an income-producing property to their Northwest Indiana portfolio. Each unit offers generous living space and an attached 2 car garage, a feature that sets this property apart from many traditional multifamily properties. Current rents offer room for future growth, giving the next owner an opportunity to increase income as rents are adjusted toward market levels. Several major exterior improvements have already been completed, including a newer roof, siding and decks. Conveniently located in Hebron with access to surrounding Northwest Indiana communities and the greater Chicagoland area. Whether you're looking for a fourplex, quadruplex, multifamily investment property or long-term rental property, 401 Dogwood Court offers space, income potential and upside. Seller says bring an offer!

Listing Details MLS# 839450

General Property Information

New Construction YN
No
Number Of Units Total
4
Above Grade Finished Area
5791
Living Area Source
Estimated
Year Built
1998
Garage YN
Yes
Garage Spaces
8
Accessibility Features YN
No
Lot Size Acres
0.459
Lot Size Square Feet
19994
Lot Size Source
Assessor
Association YN
No
Waterfront YN
No
Basement YN
No
Fireplace YN
No

Property Features

Appliances: Dishwasher; Gas Cooktop; Refrigerator Basement: Crawl Space Cooling: Ceiling Fan(s); Central Air Flooring: Carpet; Laminate; Tile Heating: Forced Air Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; High Ceilings; Laminate Counters; Walk-In Closet(s) Laundry Features: Gas Dryer Hookup; Washer Hookup Levels: 2-Sty Listing Terms: Cash; Conventional; Other Lock Box Information: SentriLock Lot Features: Cul-De-Sac Owner Pays: Exterior Maintenance; Grounds Care; HVAC Maintenance; Repairs; Roof Maintenance; Taxes Parking Features: Attached; Driveway; Garage Door Opener; Garage Faces Front Patio And Porch Features: Deck; Rear Porch Pets Allowed: Yes Pool Features: None Possession: Negotiable Roof: Shingle Security Features: Smoke Detector(s) Sewer: Public Sewer Special Listing Conditions: None Tenant Pays: All Utilities; Snow Removal; Trash Collection Water Source: Public

Contract Information

Auction YN
No
Original List Price
825000
Lease Considered YN
No
Property Sub Type
Quadruplex
Listing Agreement
Exclusive Right To Sell
Seller to consider offering concessions
No
Owner Name
Hebron Developers LLC
Occupant Type
Owner

Location Tax and Legal

Street Number
401
Street Name
Dogwood
Street Suffix
Court
County
Porter
State
IN
Postal Code
46341
Subdivision Name
Park Place Un 06

Remarks and Miscellaneous

Public Remarks
INVESTMENT OPPORTUNITY IN HEBRON! 401 Dogwood Court is a 4-unit multifamily property offering two 3-bedroom units and two 2-bedroom units, making it a great opportunity for an investor looking to add an income-producing property to their Northwest Indiana portfolio. Each unit offers generous living space and an attached 2 car garage, a feature that sets this property apart from many traditional multifamily properties. Current rents offer room for future growth, giving the next owner an opportunity to increase income as rents are adjusted toward market levels. Several major exterior improvements have already been completed, including a newer roof, siding and decks. Conveniently located in Hebron with access to surrounding Northwest Indiana communities and the greater Chicagoland area. Whether you're looking for a fourplex, quadruplex, multifamily investment property or long-term rental property, 401 Dogwood Court offers space, income potential and upside. Seller says bring an offer!

Status Change Information

Major Change Timestamp
2026-07-21T18:48:55Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-07-21T18:48:55Z
Status Change Timestamp
2026-05-23

More Information

Exemption Information

Exemption YN
No

Income and Expenses

Gross Income
47000
Insurance Expense
4000

Unit Details

Number Of Two Bedroom Units
2
Number Of Three Bedroom Units
2

Unit 1

Unit Description
Unit A
Square Feet
1200
Occupied YN
Yes
# Of Rooms
8
# Of Bedrooms
2
# Of Bathrooms
2
# Of Full Baths
Yes
# Of 3/4 Baths
Yes

Unit 2

Unit Description
Unit B
Square Feet
1600
Occupied YN
No
# Of Rooms
7
# Of Bedrooms
3
# Of Bathrooms
3
# Of Full Baths
2
# Of Half Baths
Yes

Unit 3

Unit Description
Unit C
Square Feet
1600
Occupied YN
Yes
# Of Rooms
7
# Of Bedrooms
3
# Of Bathrooms
3
# Of Full Baths
2
# Of Half Baths
Yes

Unit 4

Unit Description
Unit D
Square Feet
1200
Occupied YN
Yes
# Of Rooms
8
# Of Bedrooms
2
# Of Bathrooms
2
# Of Full Baths
Yes
# Of 3/4 Baths
Yes

Showing Requirements

Showing Instructions
Unit B has the lockbox on front door.
Listing Office: VIA Realty
Last Updated: August - 28 - 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.
Search powered by FBS Products