Commercial Sale For Sale

1230 Lake Charles Avenue, Porter, Indiana

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Property Description

Rare opportunity to acquire a 28-unit multifamily portfolio in Porter, Indiana, consisting of three townhome-style properties totaling approximately 37,240 SF. The portfolio includes one 12-unit property and two 8-unit properties, with all units featuring 2-bedroom, 1.5-bath layouts. Properties are individually metered, with tenants responsible for electric, gas, water/sewer and trash, creating a low owner expense structure. Private outdoor space, in-unit laundry hookups and additional garage income enhance the offering. Strong in-place income with additional upside through continued rent growth. Conveniently located near I-94, US-20, the South Shore Line and Indiana Dunes National Park. Properties are available for purchase as a complete 28-unit portfolio or individually. Excellent opportunity for an investor seeking immediate scale in Northwest Indiana’s multifamily market.

Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : NRA844657
Price : $4,200,000
Bedrooms : 0
Rooms : 0
Bathrooms : 0
Half Bathrooms : 0
Year Built : 1995
Lot Area : 145,055 Sqft
Status : Active
Acres : 3.33
Property Subtype 1 : Multi Family
Status : Active
Features
Heating System : Natural Gas
Address Map
Country : US
State : IN
County : Porter
City : Porter
Street : Lake Charles
Street Number : 1230
Street Suffix : Avenue
Postal Code : 46304
Floor Number : 0
Longitude : W88° 54' 33.8''
Latitude : N41° 36' 48.3''
Directions : US-20 to Waverly Road. North on Waverly Road to Lake Charles Avenue. Properties are located along Lake Charles Avenue/Lawson Lane in Porter
Township : Westchester
MLS Addon
Office Name : Ellsbury Group
Listing Agent MLS ID : NRA16322
Listing Office MLS ID : NRA2314
Annual Tax Amount : $61,090
HOA/POA-Annual Amt. : $0
HOA/POA-Monthly Amt. : $0
Tax Year : 2025
Commercial Sale For Sale
  • Listing ID : NRA844657
  • Bedrooms : 0
  • Bathrooms : 0
  • Lot Area : 145,055 Sqft
$4,200,000
Agent info
Dan Kelley
Remax County Wide 1st
814 E LaSalle South Bend, IN 46617
Contact Agent