For more information regarding the value of a property, please contact us for a free consultation.
1291-1297 Lake Charles AVE Porter, IN 46304
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $585,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 20,168 sqft
Price per Sqft $29
Subdivision Lake Charles Sub
MLS Listing ID 842347
Sold Date 08/27/26
Bedrooms 8
Full Baths 4
Half Baths 4
HOA Y/N No
Year Built 1993
Annual Tax Amount $7,500
Tax Year 2024
Lot Size 0.463 Acres
Acres 0.463
Property Sub-Type Quadruplex
Property Description
Excellent investment opportunity to acquire a well-maintained 4-unit townhome community in the highly desirable Porter area, just minutes from the Indiana Dunes National Park, I-94, and the South Shore commuter rail. Built in 1993, each spacious unit features approximately 1,330 SF with 2 bedrooms, 1.5 bathrooms, open-concept living areas, vaulted ceilings, granite countertops, stainless steel appliances, private rear decks, and in-unit washer/dryer hookups. Each unit is individually metered with tenants responsible for electric, gas, water/sewer, and trash, minimizing owner expenses. Recent capital improvements include roof replacement, HVAC and water heater updates, and parking lot resurfacing. Current rents provide immediate cash flow with significant upside as rents move toward market levels. An outstanding value-add opportunity in one of Northwest Indiana's strongest rental markets.
Location
State IN
County Porter
Interior
Interior Features None
Heating Forced Air, Natural Gas
Fireplace N
Appliance Gas Range, Refrigerator
Exterior
Parking Features Additional Parking, Off Street, Paved
View Y/N true
View Neighborhood
Building
Lot Description Back Yard, Paved
Story One and One Half
Sewer Public Sewer
Water Public
Level or Stories One and One Half
Others
Tax ID 640334403004000026
SqFt Source Assessor
Acceptable Financing NRA20260714214028386741000000
Listing Terms NRA20260714214028386741000000
Financing Conventional
Pets Allowed Call
Read Less
Bought with Ellsbury Group




