502 Monroe/ 251 Locust, Valparaiso, IN 46383
502 Monroe/ 251 Locust, Valparaiso, IN 46383
502 Monroe/ 251 Locust, Valparaiso, IN 46383
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$484,992
Est. payment /mo
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6 Beds
5 Baths
8,712 SqFt
Active

502 Monroe/ 251 Locust Valparaiso, IN 46383

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Dennis & Karen

Dennis & Karen

+1(219) 213-3346

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Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 8,712 sqft

Price per Sqft $55

Subdivision Center 004 Banta'S Add,Os,Powells & Etc0

MLS Listing ID 831022

Bedrooms 6

Full Baths 5

HOA Y/N No

Year Built 1880

Annual Tax Amount $10,022

Tax Year 2025

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type Apartment

Property Description

Excellent Investment Opportunity in Valparaiso! Don't miss this great chance to own a 5-unit income property in the heart of Valparaiso! This solid two-story brick building offers classic curb appeal, reliable rental potential, and long-term value. The property features five separate units, providing steady income and flexibility for investors or owner-occupants. Each unit is well-maintained with functional layouts, and tenants enjoy convenient on-site parking plus a two-car garage for added storage or rental potential. Located close to downtown Valparaiso, shopping, restaurants, schools, and major highways, this property offers excellent accessibility and strong rental demand. Whether you're expanding your portfolio or looking to start your investment journey, this is a turnkey opportunity with consistent cash flow and room to grow

Location

State IN

County Porter

Rooms

Basement Unfinished

Interior

Interior Features Other

Heating Baseboard, Natural Gas, Hot Water

Fireplace N

Appliance Range, Refrigerator

Exterior

Exterior Feature None

Parking Features Driveway, On Street

Garage Spaces 2.0

View Y/N true

View Neighborhood

Building

Lot Description Corner Lot

Story Two

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Valparaiso

Others

Tax ID 64 09 24 456 001 000 004

Security Features Smoke Detector(s)

Acceptable Financing NRA20251110181717104925000000

Listing Terms NRA20251110181717104925000000

Pets Allowed Number Limit, Yes

Listed by McColly Real Estate • Steve Likas

NEARBY SCHOOL & BUSINESS

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Dennis & Karen

Dennis & Karen

Agent

+1(219) 213-3346

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502 Monroe/ 251 Locust

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