3
See all 3 photos
$395,000
Est. payment /mo
8 Beds
3 Baths
69,783 SqFt
Active
143 N 500 Valparaiso, IN 46385
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 69,783 sqft
Price per Sqft $5
MLS Listing ID 819831
Bedrooms 8
Full Baths 3
Year Built 1995
Annual Tax Amount $5,075
Tax Year 2024
Lot Size 1.602 Acres
Acres 1.602
Property Sub-Type Quadruplex
Property Description
Rare Investment Opportunity - Multi-Unit Property on 1.6 Acres in Porter CountyDiscover the potential of this unique rural property situated on 1.6 acres in desirable Porter County. Currently configured as a 3-unit income-producing property, it offers a fourth unit partially built out--ready for your finishing touches. Live in one unit while generating income from the others, or lease all four for maximum returns.Gross Annual Income - 38,400 with significant upside when the 4th unit is completed and new leases are securedFlexibility - Easily convert into a spacious single-family homestead or keep as a lucrative rental investmentLand - Expansive 1.6-acre lot with privacy and room for potential future additions or enhancementsFinancing - Owner financing may be consideredDon't miss this rare chance to own a versatile, income-generating property in a peaceful rural setting with plenty of upside. Call to schedule walk-through today.
Location
State IN
County Porter
Interior
Interior Features None
Heating Forced Air, Natural Gas
Fireplace N
Appliance Dryer, Washer, Refrigerator
Exterior
Exterior Feature Private Yard
View Y/N true
View true
Building
Lot Description Back Yard
Story One
Others
Tax ID 640930301002000019
SqFt Source Assessor
Acceptable Financing NRA20250429155659906840000000
Listing Terms NRA20250429155659906840000000
Pets Allowed No
Listed by Weichert, Realtors-Moke Agency
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