13,320 sqft

$1,465,000

14424 Morse Street, Cedar Lake IN, 46303

Price per sqft$109.98

Built in1930

Property size13,320 sqft

Property typeCommercial

Overview

Active

Listed Jul 14, 2026

Updated Aug 27

This exceptional investment opportunity offers 15 residential units and one retail space in the highly desirable and supply-constrained Cedar Lake rental market. Nearly all residential units have been recently renovated with modern finishes, providing investors with a turnkey asset that requires minimal immediate capital improvements. The property's strong in-place cash flow, significant unit count, and continued potential for future rent growth make it an outstanding opportunity for investors seeking both stability and long-term upside in one of Northwest Indiana's most sought-after rental markets.

Additional information

MLS^® ID: 842277

Interior Features

Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.57 Acres

Other Property Details

Taxes: $17,973
Tax Frequency: Annually

Courtesy of Ellsbury Group, Andrew Page,
Listing Contact: (630) 418-3093

Listings courtesy of Northwest Indiana REALTOR Association as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Simplify Your Move Realty, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 11:36 AM UTC on 8/27/2026. 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.

DMCA Notice