12-unit townhome-style multifamily investment opportunity in Porter, Indiana. The property features twelve 2-bedroom, 1.5-bath units averaging approximately 1,330 SF, each with a private deck, in-unit laundry hookups, individual HVAC systems, and access to detached garage parking. Tenants are responsible for electric, gas, water/sewer, and trash, helping minimize operating expenses. Recent improvements include roof replacement, parking lot resurfacing, and ongoing mechanical updates. Located minutes from I-94, US-20, the South Shore Line, and Indiana Dunes National Park, this property offers strong cash flow with value-add potential through future rent increases.
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : NRA840854
Price : $1,750,000
Bedrooms : 0
Rooms : 0
Bathrooms : 0
Half Bathrooms : 0
Year Built : 1995
Lot Area : 68,259 Sqft
Status : Active
Acres : 1.567
Property Subtype 1 : Multi Family
Status : Active
Features
Heating System : Forced Air, Natural Gas
Parking : Detached, Paved, Off Street, Additional Parking, Garage Faces Side
Interior Features : No
Address Map
Country : US
State : IN
County : Porter
City : Porter
Street : Lake Charles
Street Number : 1230-1256
Street Suffix : Avenue
Postal Code : 46304
Floor Number : 0
Longitude : W88° 54' 33.8''
Latitude : N41° 36' 48.3''
Directions : I-94 to IN-49 north, west on Indian Boundary Rd, south on Lake Charles Ave to property at 1230-1256 Lake Charles Ave, Porter.