Commercial Sale For Sale

205 Michigan Avenue, Valparaiso, Indiana

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Property Description

Discover an exceptional investment opportunity with this charming, well-maintained 9 unit multifamily property. This building blends classic character and craftsmanship with thoughtful updates, creating a desirable living environment for tenants and a turnkey opportunity for investors. This property features a diverse unit mix ranging from studio to 3 bedroom apartments in the heart of Valparaiso. Situated in a convenient location near shopping, dining, and transportation this building has had a history of stable occupancy. Whether you’re looking to expand your portfolio or seeking a reliable income-producing asset, this 9-unit property offers an ideal combination of charm and long-term growth potential. *Landlord pays for water & heat.

Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : NRA839221
Price : $1,160,000
Bedrooms : 0
Rooms : 0
Bathrooms : 0
Half Bathrooms : 0
Year Built : 1920
Lot Area : 8,712 Sqft
Status : Active
Acres : 0.2
Property Subtype 1 : Multi Family
Status : Active
Features
Heating System : Other
Basement : Yes
Parking : Attached, Paved, Off Street, Additional Parking, Alley Access, Asphalt
Address Map
Country : US
State : IN
County : Porter
City : Valparaiso
Street : Michigan
Street Number : 205
Street Suffix : Avenue
Postal Code : 46383
Floor Number : 0
Longitude : W88° 56' 28.3''
Latitude : N41° 28' 13.1''
Directions : Lincolnway west to Michigan avenue two blocks North to property 205 Michigan Ave Valparaiso, IN 46383
Subdivision : Woods Park Add
Township : Center
MLS Addon
Office Name : Evolution Real Estate Solution
Listing Agent MLS ID : NRA19835
Listing Office MLS ID : NRA804
Annual Tax Amount : $14,337
HOA/POA-Annual Amt. : $0
HOA/POA-Monthly Amt. : $0
Tax Year : 2024
Commercial Sale For Sale
  • Listing ID : NRA839221
  • Bedrooms : 0
  • Bathrooms : 0
  • Lot Area : 8,712 Sqft
$1,160,000
Agent info
Dan Kelley
Remax County Wide 1st
814 E LaSalle South Bend, IN 46617
Contact Agent