$85,000

124 N Woodland Avenue, Michigan City, IN 46360

  • 4 beds |
  • 2 baths
  • Property Icon Duplex
  • Property Year Built Icon Built in 1924
  • Property Lot Size Icon3,920acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 15 days ago

Property Description

Investor opportunity! Priced at just 85K, this tenant-occupied two-unit property offers immediate rental income and strong upside for the right buyer. Each unit features 2 bedrooms and 1 bathroom, with a partially finished basement providing additional storage and future possibilities. The seller is motivated and ready to sell, offering the property as-is and with tenants in place. The main-floor tenant has occupied the property for nearly a decade and is currently month-to-month. The upstairs tenant moved in January and has a lease in place through December. Tenants pay on time, and the property currently generates 1,250 per month in rental income. While the property needs substantial TLC, the layout, income potential, and location make this a great opportunity for an investor ready to renovate and reposition. Conveniently located just blocks from the South Shore Line and near one of the city's main corridors, with quick access to shopping, dining, entertainment, Blue Chip Casino, and the beach. Great space, great potential, and priced to sell--bring your vision and make this your next investment opportunity!

Listing Status:
Pending
Data Last Updated:
July 6, 2026 at 1:19PM
Listing Office:
@properties/Christie's Intl RE : (219) 243-2120
Listing Agent:
Erica Miller :
MLS ID:
841035
  • General: Eat-in KitchenHigh Ceilings
  • Appliances: None
  • Basement: Partially Finished
  • Heating: Forced Air
  • Other Structures: Front Porch
  • Parking: Alley AccessOn Street
  • General: Two
  • Originating MLS: nira
  • County: La Porte
  • Zoning: 42-01-28-483-019 CAMP ANDERSON LT 17 BLK 5.460128483019000022
  • View: Neighborhood
  • Water: Public
  • Sewer: Public Sewer
  • Source: nira

This listing courtesy of Erica Miller , @properties/Christie's Intl RE

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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