407-407 1/2 Franklin Street Valparaiso, IN
$ 369,500
Property Attributes
  • MLS#491589
  • TypeMulti-Family
  • CountyPORTER
  • CityValparaiso
  • NeighborhoodPowells Sub
  • Zip46383
  • StyleIncome Property
  • Price$ 369,500
  • Bedrooms4
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3600
  • Lot Size9,148 SqFt
Listing Provided Courtesy Of:
Matt Evans with RE/MAX Lifestyles
Data Source:
Greater Northwest Indiana Association of REALTORS
Property Description

Location & design set this duplex home opportunity apart from the rest. As a live & rent or extended family living setup, it's a great setup. As an investment, the rents could be maximized. Each unit offers three levels, the main floor w/living, dining & kitchen, the upstairs w/2 bedrooms & a full bath, & the downstairs w/ family room/flex bedroom (non-conforming windows though!). Bedroom & family room features oversized wall to wall closets. Recent upgrades include roof in 2020, newer water heaters, one newer furnace, engineered strip vinyl flooring, granite top vanities, beautiful over-the-top tile bathrooms, & vintage kitchen cabinets & wall ovens that are 60s cool. Durable brick exterior, detached alley loaded garage w/covered concrete patio. Tenants pay all own utilities. Units bring in $1,000/mo & $1,100/mo, but proforma w/maximized market rents should put this at $1,400-$1,500/mo per unit for investors. Schedule your showing today on this great downtown duplex.

Price History
4/30/2021 Listed $369,500

General Features

Exterior Features Aluminum Siding, Brick
Garage Spaces 2.0
Property SubType Income Property
Property Type Multi Unit/Income
Subdivision Name Powells Sub
Transaction Type Sale
Year Built 1963

Interior Features

Basement Y/N Yes
Living Area 3600.00
Total Bedrooms 4

Exterior Features

Bathrooms 4.00
Lot Size Square Feet 9148.00
Municipal Water Yes
Septic No
Well No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 46383

AVG $280K
Year Built
AVG 1927

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