502 Monroe/ 251 Locust, Valparaiso, IN 46383
See all 118 photos
502 Monroe/ 251 Locust, Valparaiso, IN 46383
502 Monroe/ 251 Locust, Valparaiso, IN 46383
502 Monroe/ 251 Locust, Valparaiso, IN 46383
502 Monroe/ 251 Locust, Valparaiso, IN 46383
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Olga Vega

Olga Vega

+1(219) 588-9494
-
Est. payment /mo
Save
Active

502 Monroe/ 251 Locust Valparaiso, IN 46383

6 Beds

5 Baths

8,712 Sqft Lot

UPDATED:

Key Details

Property Type Single Family Home, Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

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

MLS Listing ID 831022

Bedrooms 6

Full Baths 5

Year Built 1880

Annual Tax Amount $10,022

Tax Year 2025

Lot Size 8,712 Sqft

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

Cooling None

Fireplace No

Appliance Range, Refrigerator

Exterior

Exterior Feature None

Parking Features Driveway, On Street

Garage Spaces 2.0

Utilities Available Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected

Building

Lot Description Corner Lot

Schools

School District Valparaiso

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by McColly Real Estate
Olga Vega

Olga Vega

Managing Broker License ID: RB14047917

+1(219) 588-9494

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Legacy Realty Group LLC, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

502 Monroe/ 251 Locust

Free Account Required

  • Instant access to listing photos & details
  • Save listings and searches
  • Access details for this property