Residential Income For Sale

401 Morgan Boulevard, Valparaiso, Indiana

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Property Description

Prime Valparaiso investment opportunity! Own a fully occupied, turnkey 3-unit rental property within easy walking distance to vibrant downtown Valpo. This meticulously maintained property offers immediate cash flow with great, reliable tenants already in place. You will save big on future maintenance costs thanks to newer, individual high-efficiency HVAC systems for each unit. The property also features excellent ways to increase your rental income. A 1.5-car garage and a partially finished basement with laundry hookups are currently unused by the tenants. You can easily turn these spaces into extra revenue by adding coin-operated laundry or renting out the garage for storage. With an unbeatable downtown location and low-maintenance upkeep, this 3 unit rental property is a perfect addition to your portfolio. Schedule your investor tour today!

Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : NRA846417
Price : $459,000
Bedrooms : 0
Rooms : 0
Bathrooms : 0
Half Bathrooms : 0
Year Built : 1900
Lot Area : 4,356 Sqft
Status : Active
Acres : 0.1
Property Subtype 1 : Apartment
Status : Active
Features
Heating System : Forced Air, Natural Gas
Basement : Yes
Pet Policy : Call
Parking : Driveway, On Street
Interior Features : Eat-in Kitchen
Appliances
Appliances : Refrigerator, Range
Address Map
Country : US
State : IN
County : Porter
City : Valparaiso
Street : Morgan
Street Number : 401
Street Suffix : Boulevard
Postal Code : 46383
Floor Number : 0
Longitude : W88° 56' 33.3''
Latitude : N41° 28' 18.2''
Directions : Home is on the corner of Morgan Blvd and institute.
Subdivision : North Valparaiso
Township : Center
MLS Addon
Office Name : Coldwell Banker Real Estate Gr
Listing Agent MLS ID : NRA16914
Listing Office MLS ID : NRA372
Annual Tax Amount : $7,192
HOA/POA-Annual Amt. : $0
HOA/POA-Monthly Amt. : $0
Tax Year : 2025
Residential Income For Sale
  • Listing ID : NRA846417
  • Bedrooms : 0
  • Bathrooms : 0
  • Lot Area : 4,356 Sqft
$459,000
Agent info
Dan Kelley
Remax County Wide 1st
814 E LaSalle South Bend, IN 46617
Contact Agent