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502 Monroe/ 251 Locust
Valparaiso, IN 46383

$499,888 - Status: Active
MLS# 831022

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

Property Features

MLS#: 831022
Zip: 46383
Subdivision: Center 004 Banta's Add,os,powells & Etc0
Development: Center
Property Type: Multi Unit - Multiple
Days on Site: 159
Garage: 2
Heating: Baseboard, Natural Gas, Hot Water
Lot Size: 0.20 acres
Stories: 2.0
Year Built: 1880

Appliances

Range
Refrigerator

Feature Descriptions

Lot Description: Corner Lot
Parking Features: Driveway, On Street
Rent Includes: Gas, Water, Trash Collection, Sewer
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
Water: Public

Local Schools

School District: Valparaiso

502 Monroe/ 251 Locust | MLS# 831022

This multi-family property located at 502 Monroe/ 251 Locust, Valparaiso, IN 46383 is currently listed for sale with an asking price of $499,888. Monroe/ 251 Locust is located within the Valparaiso school district. Search Valparaiso real estate on www.coldwellbanker1stchoice.com today.

Listed By / Shown By

Listed By

Agency Name: McColly Real Estate
Agency Phone: (219) 663-3835

Shown By

Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121

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