37
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$4,200,000
Est. payment /mo
37,240 SqFt
Open Fri 2PM-4:30PM
1230 Lake Charles AVE Porter, IN 46304
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Open House
Fri Sep 04, 2:00pm - 4:30pm
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 37,240 sqft
Price per Sqft $112
MLS Listing ID 844657
HOA Y/N No
Year Built 1995
Annual Tax Amount $61,090
Tax Year 2025
Lot Size 3.330 Acres
Acres 3.33
Property Sub-Type Multi Family
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.
Location
State IN
County Porter
Interior
Heating Natural Gas
Fireplace N
Exterior
View Y/N true
View Neighborhood
Building
Sewer Public Sewer
Water Public
Others
Tax ID 640334256001000026
Acceptable Financing NRA20260831182046937757000000
Listing Terms NRA20260831182046937757000000
Listed by Ellsbury Group • Tariq Suboh
NEARBY SCHOOL & BUSINESS
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