Residential Income For Sale

507 Franklin Street, Valparaiso, Indiana

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Property Description

Excellent investment opportunity in the heart of downtown Valparaiso! This well-located duplex is within walking distance to the library, restaurants, and grocery stores, offering convenience and strong rental appeal. Each unit features 2 bedrooms, 1 full bath, and in-unit laundry, providing comfortable and functional living spaces for tenants or owners alike. The property also includes a detached 2-car garage for added value and storage. With strong potential to significantly increase rental income, this property is ideal for investors or owner-occupants. Live in one unit while generating income from the other–don’t miss this versatile and income-producing opportunity!

Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : NRA836548
Price : $385,000
Bedrooms : 4
Rooms : 8
Bathrooms : 2
Half Bathrooms : 0
Year Built : 1977
Lot Area : 9,235 Sqft
Status : Active
Acres : 0.212
Property Subtype 1 : Duplex
Status : Active
Features
Heating System : Forced Air, Natural Gas
Pet Policy : No
Interior Features : Other
Appliances
Appliances : Dryer, Refrigerator, Washer, Range
Address Map
Country : US
State : IN
County : Porter
City : Valparaiso
Street : Franklin
Street Number : 507
Street Suffix : Street
Postal Code : 46383
Floor Number : 0
Longitude : W88° 56' 23.7''
Latitude : N41° 28' 22.6''
Directions : From Lincolnway and Morgan turn North on Morgan turn west on Chicago turn North on Franklin to property on corner of Franklin and Walnut.
Subdivision : Powells Add
Township : Center
MLS Addon
Office Name : BHHS Executive Realty
Listing Agent MLS ID : NRA16760
Listing Office MLS ID : NRA121
Annual Tax Amount : $3,605
HOA/POA-Annual Amt. : $0
HOA/POA-Monthly Amt. : $0
Tax Year : 2024
Residential Income For Sale
  • Listing ID : NRA836548
  • Bedrooms : 4
  • Bathrooms : 2
  • Lot Area : 9,235 Sqft
$385,000
Agent info
Dan Kelley
Remax County Wide 1st
814 E LaSalle South Bend, IN 46617
Contact Agent