1230-1256 Lake Charles Avenue, Porter, IN 46304
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1230-1256 Lake Charles Avenue, Porter, IN 46304
1230-1256 Lake Charles Avenue, Porter, IN 46304
1230-1256 Lake Charles Avenue, Porter, IN 46304
1230-1256 Lake Charles Avenue, Porter, IN 46304
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Olga Vega

Olga Vega

+1(219) 588-9494
$ 1,750,000
Est. payment /mo
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1230-1256 Lake Charles Avenue Porter, IN 46304

15,960 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 15,960 sqft

Price per Sqft $109

Subdivision Lake Charles Sub

MLS Listing ID 840854

Year Built 1995

Annual Tax Amount $24,724

Tax Year 2024

Lot Size 1.567 Acres

Property Sub-Type Multi Family

Property Description

12-unit townhome-style multifamily investment opportunity in Porter, Indiana. The property features twelve 2-bedroom, 1.5-bath units averaging approximately 1,330 SF, each with a private deck, in-unit laundry hookups, individual HVAC systems, and access to detached garage parking. Tenants are responsible for electric, gas, water/sewer, and trash, helping minimize operating expenses. Recent improvements include roof replacement, parking lot resurfacing, and ongoing mechanical updates. Located minutes from I-94, US-20, the South Shore Line, and Indiana Dunes National Park, this property offers strong cash flow with value-add potential through future rent increases.

Location

State IN

County Porter

Interior

Interior Features None

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Exterior

Parking Features Detached, Paved, Garage Faces Side, Additional Parking, Off Street

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

Roof Type Shingle

Building

Lot Description Cul-De-Sac

Structure Type Vinyl Siding

Others

Acceptable Financing Cash, Other, Conventional

Listing Terms Cash, Other, Conventional

Listed by Ellsbury Group
Olga Vega

Olga Vega

Managing Broker | License ID: RB14047917

+1(219) 588-9494

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1230-1256 Lake Charles Avenue