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About This Home

This 5-bedroom, 4-bathroom multi-family at 244 Burnham Street in Lowell, IN is listed for $289,999. Built in 1903, on a 0.44 acres lot.

Agent Description

A versatile property with something to offer for a wide range of buyers. The fully remodeled upstairs one-bedroom apartment with its own private entrance and kitchen functions beautifully as a mother-in-law suite, a rental income unit, or additional living space.

The main residence features three bedrooms, two and a half baths, and a full kitchen, and together the two units offer four bedrooms plus a bonus room across 2216 square feet on .44 acres with a nice backyard and deck. This property works in multiple ways depending on what you need.

Use both units as a traditional rental investment. Live in the main unit and let the upstairs apartment help cover your mortgage. Or open up the space entirely and enjoy four bedrooms plus a bonus room -- complete with two full kitchens. Both current tenants are reliable, long-term renters on flexible month-to-month arrangements who are willing to stay -- or the space can be reconfigured to fit your vision with reasonable notice.

Whether you're an investor, a growing family, or someone looking for flexible living with built-in income potential, this property has options.

Key Features

  • Built in 1903
  • 0.45 acre lot
  • 2 stories

Property Details

2 stories
3 full, 1 half
1903

Monthly Cost Estimate

$1,551/mo

20% down · 6.5% · 30 years

Principal$210
Interest$1,257
Insurance$85

Estimates only. Actual payments may vary.

Location

244 Burnham Street

Lowell, IN 46356

Features & Amenities

Interior Features

Laminate CountersPantry

Exterior Features

Fire PitRain GuttersPrivate Yard

Property Details

Pool Features

PorchDeck

Heating

Hot Water(Heating)Zoned

Appliances

DryerWasherRefrigeratorMicrowaveGas RangeDishwasher

Questions & Answers

This 5-bedroom, 4-bathroom multi-family at 244 Burnham Street is listed at $289,999. The estimated monthly payment is $1,257 based on 20% down at 6.5% interest.

Key features include: Built in 1903, 0.45 acre lot, 2 stories. Interior Features: Laminate Counters, Pantry. Exterior Features: Fire Pit, Rain Gutters, Private Yard.

This property is listed by Jordan Gibson and can be reached at 2197652124 or jlgibson1203@gmail.com.

JG

Jordan Gibson

Agent at Evers Realty Group

(219) 765-2124

Listed by Evers Realty Group · View on Broker Site

MLS# 836252· Source: listhub· Updated 63 days ago

Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

244 Burnham Street, Lowell, IN 46356

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