324 S Main St

4,286 Sq. Ft.
$133 / Sq. Ft.
4,286
Sq. Ft.
$133
per Sq. Ft.

Description

4-unit investment opportunity in the heart of downtown Crown Point offering immediate income with clear upside potential. The property features a unit mix of two 2-bedroom units and two 1-bedroom units, each with separate entrances for added privacy and flexibility. Two units have been updated with improvements including flooring, lighting, paint, and bathroom finishes, while the remaining two units are in solid condition with room for additional updates and increased rents. Tenants benefit from...4-unit investment opportunity in the heart of downtown Crown Point offering immediate income with clear upside potential. The property features a unit mix of two 2-bedroom units and two 1-bedroom units, each with separate entrances for added privacy and flexibility. Two units have been updated with improvements including flooring, lighting, paint, and bathroom finishes, while the remaining two units are in solid condition with room for additional updates and increased rents. Tenants benefit from off-street parking with eight dedicated spaces located on a low-traffic side street, as well as walkability to restaurants, shops, and amenities just a few blocks away. Situated on a corner lot in a highly desirable downtown location with strong rental demand and access to Crown Point schools. Owner currently covers water, sewage, trash, and heat, with tenants responsible for electric and cooking gas, offering an opportunity to further optimize expenses. All units are currently on month-to-month leases, providing flexibility for investors to adjust rents or for an owner-occupant to occupy a unit.
  1. Listed by Drake Phillips • Better Homes and Gardens Real
    P: (219)-805-1993 C: (219)-805-1993 drakephillipsrealty@gmail.com
  2. Listed by Benjamin Smith • Better Homes and Gardens Real
    P: (219)-986-0260 C: (219)-986-0260 benjaminsmithrealty@gmail.com

Property Details for 324 South Main Street

Subdivision
Crown Point
Pets Allowed
Size Limit
LISTING UPDATED: 04/29/2026 09:49 PM

Property Details for 324 South Main Street

StatusActive
MLS #837843
Days on Market3
Taxes$3,844 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1890
Lot Size0.25 AC / 10,920 SF
CountyLake County

Location

Listing Courtesy of Better Homes and Gardens Real
Add your commute

Building Information for 324 South Main Street

Stories-Residences4Year Built1890Building Size-Lot Size0.25 AC / 10,920 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$3,190 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,870

Property Taxes

$320

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 324 South Main Street

Summary
Location and General Information
  • Directions: Main St southbound to East corner of School Ct and Main.
  • City/Town: Crown Point
  • State: IN
  • Township: Center
  • ZIP: 46307
  • Latitude: 41.41
  • Longitude: -87.36
  • County: Lake
Taxes and HOA
  • Annual Tax Amount: $3,844.00
  • APN/Key #: 451608253004000042
  • Tax Year: 2024
  • Tax Legal Description: ORIG. TOWN OF CROWN POINT W1/2 OF LOT 44
Parking
  • Garage Description: Concrete, Off Street, On Street
Property
Lot Information
  • Lot Square Footage: 10,920.00
  • Total Sq. Ft.: 4286.0
  • Square Footage Source: Assessor
  • Acres: .25
Property and Assessments
  • Property Type: Residential Income
  • Property Subtype 1: Quadruplex
  • Year Built: 1890
  • Lot Description: Back Yard, Front Yard, Corner Lot
Utilities
  • Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
Interior and Exterior Features
Exterior Features
  • Levels: Two
Interior Features
  • Appliances: Dryer, Washer, Refrigerator, Gas Water Heater, Gas Range
  • Basement Type: Bath/Stubbed, Unfinished
  • Basement: Yes
  • Total Full Baths: 4
  • Total Baths: 4
  • Bedrooms: 6
  • Cooling: Individual Units
  • Total # Fireplaces: 1
  • Flooring: Carpet, Tile, Laminate, Hardwood
  • Heat Type: Natural Gas, Common
  • Interior Features: Ceiling Fan(s), Entrance Foyer, Crown Molding
  • Roof: Other, Shingle
  • Total # of Rooms: 15
Multi Family
Multi-Family Information
  • # of Units: 4
Rental
Rental Information
  • TenantPays: See Remarks

Property History for 324 South Main Street

DateEvent & SourcePriceAppreciation
Apr 27, 2026

Listed (Active)

Northwest Indiana REALTORS® Association #837843

$569,900
Jan 12, 2024

Sold (Public Record)

Public Record #1555460615

$420,000

+8.1% / yr

Jan 12, 2024

Sold

Northwest Indiana REALTORS® Association #532264

$420,000
DateEvent & SourcePrice
04/27/2026

Listed (Active)

Northwest Indiana REALTORS® Association #837843

$569,900
01/12/2024

Sold (Public Record)

Public Record #1555460615

$420,000

+8.1% / yr

01/12/2024

Sold

Northwest Indiana REALTORS® Association #532264

$420,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 324 South Main Street

Taxable ValueLand$61,600Additions$313,400Total$375,000
Tax Record2024$7,143 ($595 / month)
Home Facts
Baths4Total Finished SqFt3,066 SqFtAbove Grade Finished SqFt3,066 SqFtStories2Lot Size10,920 SqFtStyleDuplexYear Built1890Year Renovated1980CountyLAKEAPN45-16-08-253-004.000-042Fireplace TypeHas Fireplace

Schools near 324 South Main Street

This home is within Crown Point Community Sch Corp.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Solon Robinson Elementary School
PublicK to 5

Robert Taft Middle School
Public6 to 8

Crown Point High School
Public9 to 12

Trinity Lutheran School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

324 South Main Street is a multi-family home for sale in Crown Point, IN 46307. This property was listed for sale on April 27, 2026 by Better Homes and Gardens Real, it's currently listed at $569,900. It has been on the market for a total of 3 days and was last sold on January 12, 2024. This listing's school district is Crown Point Community Sch Corp. Nearby schools include Solon Robinson Elementary School, Robert Taft Middle School and Crown Point High School. 324 South Main Street is a 6-bed, 4-bath, 4,286 sqft multi-family home built in 1890.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Better Homes and Gardens Real

Based on information submitted to the MLS GRID as of 04/29/2026 09:49 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.