IN > Valparaiso
Valparaiso, IN 46385,143 N 500 W
Valparaiso, IN 46385,143 N 500 W
Valparaiso, IN 46385,143 N 500 W
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$395,000
Est. payment /mo
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8 Beds
3 Baths
1.6 Acres Lot
Active

143 N 500 W Valparaiso, IN 46385

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Dennis & Karen

Dennis & Karen

+1(219) 213-3346

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

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

Property Sub-Type Quadruplex

Property Description

Rare Investment Opportunity - Multi-Unit Property on 1.6 Acres in Porter County Discover 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 secured Flexibility - Easily convert into a spacious single-family homestead or keep as a lucrative rental investment Land - Expansive 1.6-acre lot with privacy and room for potential future additions or enhancements Financing - Owner financing may be considered with minimum of 20 100ths down. Don'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

Rooms

Basement Finished, Walk-Out Access, Interior Entry

Interior

Interior Features None

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Appliance Dryer, Washer, Refrigerator, Gas Range

Exterior

Exterior Feature Private Yard

Parking Features Driveway, Off Street

Utilities Available Electricity Connected, Natural Gas Connected

Building

Lot Description Back Yard

Others

Acceptable Financing Cash, USDA Loan, Owner Assisted, Conventional, Contract

Listing Terms Cash, USDA Loan, Owner Assisted, Conventional, Contract

Listed by Weichert, Realtors-Moke Agency

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Dennis & Karen

Dennis & Karen

Agent

+1(219) 213-3346

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143 N 500 W

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