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  • $465,000

    2120 Schrage Ave, Whiting, IN 46394

    --beds
    --baths
    --sqft
    Quadruplex
    Built in 1902
    -- sqft lot
    $465,000 Zestimate®
    $--/sqft
    $-- Estimated rent

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    What's special

    Rare brick 4-unit property on a desirable corner lot in Whiting, offering a unique combination of stability and value-add potential. Three units are currently occupied by long-term tenants, while the spacious potential owner's unit is vacant and recently updated, providing an excellent opportunity for either owner-occupancy or additional rental income. The property also features a large 4-car garage that is currently vacant, giving the new owner flexibility to use for personal storage, tenant parking, or as an additional income stream. Recent improvements include a new roof installed in 2022 and all new windows within the last five years, along with reliable infrastructure featuring all copper plumbing and PVC drains. With its prime location and clear room to add value, this is a rare investment opportunity that won't last.

    Zillow last checked: 8 hours ago

    Listing updated: November 06, 2025 at 05:54am

    Listed by:

    Michael Scanlon,

    eXp Realty, LLC 888-611-3912

    Bought with:

    Melissa Rivera, RB20000831

    Realty Executives Premier

    Jodi Gheaja, RB15000720

    Realty Executives Premier

    Source: NIRA,MLS#: 827750MLS Logo

    Facts & features

    Interior

    Heating
    • Forced Air
    Appliances
    • Included: Range, Refrigerator
    Features
    • Other
    • Windows: Aluminum Frames
    • Basement: Sump Pump,Unfinished
    • Has fireplace: No
    Interior area
    • Finished area above ground: 5,902

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage Faces Side
    • Garage spaces: 4
    Features
    • Levels: Two
    • Exterior features: None
    • Has view: Yes
    • View description: City, Neighborhood
    Lot
    • Size: 1,960 sqft
    • Features: Corner Lot
    Details
    • Parcel number: 450308301016000025
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Condition
    • New construction: No
    • Year built: 1902

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Whiting
    • Subdivision: Forsyth's Terminal

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,VA Loan,FHA,Conventional
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    $465,000
    2% more+$9,300
    With Zillow Showcase(estimated)$474,300