9714 W 133rd Avenue, Cedar Lake, IN 46303 (MLS# 829731)

9714 W 133rd Avenue, Cedar Lake, IN 46303

$1,767,000

Property Type: Commercial Sale Square Footage: 12,216 Lot Size (sq. ft.): 43,037 Status: Closed

Current Price: $1,767,000 List Date: 10/23/2025 Last Modified: 2/28/2026

Overview

Description

14-Unit Multifamily Investment - Cedar Lake, IN Rare opportunity to own a fully leased, well-maintained 14-unit apartment building in the desirable Cedar Lake market. The property includes 8 spacious 2-bedroom, 1-bath units, each with in-unit washer and dryer, and 6 comfortable 1-bedroom, 1-bath units with access to shared laundry facilities. Tenants enjoy ample on-site parking and a quiet residential setting, just minutes from the lake, shopping, and local amenities. Strong rental history with upside potential. Ideal for investors seeking stable cash flow in a growing community.

Listing Details MLS# 829731

General Property Information

Number Of Units Total: 14
Living Area: 12216
Building Area Source: Assessor
Year Built: 2005
Parking Total: 26
Lot Size Acres: 0.988
Lot Size Square Feet: 43037
Lot Size Source: Assessor
Waterfront YN: No
Basement YN: No

Property Features

Basement: Other Building Features: Multi Tenant Business Type: Other Construction Materials: Brick; Vinyl Siding Cooling: Central Air Current Use: Multi-Family; Residential Electric: Circuit Breakers Exterior Features: Balcony Flooring: Carpet Heating: Forced Air Laundry Features: Laundry Room; Other Listing Terms: Cash; Conventional Lock Box Information: Call Listing Office Owner Pays: Common Area Maintenance; Exterior Maintenance; Grounds Care; Insurance; Pest Control; Roof Maintenance; Sewer; Snow Removal; Taxes; Trash Collection; Water Parking Features: Paved Possession: Subject To Tenant Rights Rail Availability: None Roof: Shingle Sewer: Public Sewer Special Licenses: None Special Listing Conditions: None Tenant Pays: Electricity Utilities: Natural Gas Connected; Sewer Connected; Water Connected View: None Water Source: Public

Contract Information

Auction YN: No
Original List Price: 1799000
Property Sub Type: Multi Family
Listing Agreement: Exclusive Right To Sell
Occupant Type: Tenant

Location Tax and Legal

Street Number: 9714
Street Direction Prefix: W
Street Name: 133rd
Street Suffix: Avenue
County: Lake
State: IN
Postal Code: 46303

Remarks and Miscellaneous

Public Remarks: 14-Unit Multifamily Investment - Cedar Lake, IN Rare opportunity to own a fully leased, well-maintained 14-unit apartment building in the desirable Cedar Lake market. The property includes 8 spacious 2-bedroom, 1-bath units, each with in-unit washer and dryer, and 6 comfortable 1-bedroom, 1-bath units with access to shared laundry facilities. Tenants enjoy ample on-site parking and a quiet residential setting, just minutes from the lake, shopping, and local amenities. Strong rental history with upside potential. Ideal for investors seeking stable cash flow in a growing community.

Status Change Information

Major Change Timestamp: 2026-02-28T15:19:27Z
Major Change Type: Status Change
Status Change Timestamp: 2026-02-28
Offer Acceptance Date: 2025-10-26
Close Date: 2026-02-27
Close Price: 1767000
Concessions: Call Listing Agent
Buyer Financing: Conventional

More Information

Exemption Information

Exemption YN: No

Showing Requirements

Showing Instructions: Call listing agent

Location, Tax, and Legal

Tax Annual Amount: 20416
Tax Year: 2024
Tax Legal Description: N.170 OF S.350 FT OF THE W.200 OF THE E.630FT. & S.180FT OF W.50FT OF E.550FT OF SE1/4 SE1/4 OF S.21 T.34 R.9 0.988 AC
Parcel Number: 451521476005000014
Township: Hanover
Directions: hwy 30 south to hwy 41 left to W 133 RD ave to entrance 9714

Basement

Other: Yes

Construction Materials

Brick: Yes
Vinyl Siding: Yes

Cooling

Central Air: Yes

Electric

Circuit Breakers: Yes

Exterior Features

Balcony: Yes

Flooring

Carpet: Yes

Heating

Forced Air: Yes

Laundry Features

Laundry Room: Yes
Other: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lock Box Information

Call Listing Office: Yes

Parking Features

Paved: Yes

Possession

Subject To Tenant Rights: Yes

Roof

Shingle: Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

None: Yes

Utilities

Natural Gas Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

View

None: Yes

Water Source

Public: Yes

Owner Pays

Common Area Maintenance: Yes
Exterior Maintenance: Yes
Grounds Care: Yes
Insurance: Yes
Pest Control: Yes
Roof Maintenance: Yes
Sewer: Yes
Snow Removal: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Tenant Pays

Electricity: Yes

Current Use

Multi-Family: Yes
Residential: Yes

Building Features

Multi Tenant: Yes

Business Type

Other: Yes

Rail Availability

None: Yes

Special Licenses

None: Yes

Listing Office: Evolution Real Estate Solution

Last Updated: February - 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.

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