REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 368,000
Est. payment /mo
Open Sun 1PM-3PM
507 Franklin Street Valparaiso, IN 46383
4 Beds
2 Baths
2,040 SqFt
Open House
Sun May 31, 1:00pm - 3:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,040 sqft
Price per Sqft $180
Subdivision Powells Add
MLS Listing ID 839530
Bedrooms 4
Full Baths 2
Year Built 1977
Annual Tax Amount $6,964
Tax Year 2025
Lot Size 9,234 Sqft
Property Sub-Type Duplex
Property Description
Excellent investment opportunity in the heart of downtown Valparaiso! This well-located duplex is within walking distance to the library, restaurants, and grocery stores, offering convenience and strong rental appeal. Each unit features 2 bedrooms, 1 full bath, and in-unit laundry, providing comfortable and functional living spaces for tenants or owners alike. The property also includes a detached 2-car garage for added value and storage. Brand new roof installed, giving peace of mind to future owners and reducing major maintenance concerns. With strong potential to significantly increase rental income, this property is ideal for investors or owner-occupants. Live in one unit while generating income from the other -- don't miss this versatile and income-producing opportunity!
Location
State IN
County Porter
Interior
Interior Features Other
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Appliance Dryer, Washer, Refrigerator, Range
Exterior
Garage Spaces 2.0
Building
Lot Description Front Yard
Schools
School District Valparaiso
Others
Acceptable Financing Cash, VA Loan, FHA, Conventional
Listing Terms Cash, VA Loan, FHA, Conventional
Listed by BHHS Executive Realty
