205 Michigan Avenue, Valparaiso, IN 46383

• 9,246 sqft

Property Description

Discover an exceptional investment opportunity with this charming, well-maintained 9 unit multifamily property. This building blends classic character and craftsmanship with thoughtful updates, creating a desirable living environment for tenants and a turnkey opportunity for investors. This property features a diverse unit mix ranging from studio to 3 bedroom apartments in the heart of Valparaiso. Situated in a convenient location near shopping, dining, and transportation this building has had a history of stable occupancy. Whether you're looking to expand your portfolio or seeking a reliable income-producing asset, this 9-unit property offers an ideal combination of charm and long-term growth potential. *Landlord pays for water & heat.

Listing Status:

Active

Data Last Updated:

May 20, 2026 at 11:21PM

Listing Office:

Evolution Real Estate Solution : (219) 462-0141

Listing Agent:

Madison Jirtle :

MLS ID:

839221

Interior

• Basement: Interior EntryStorage SpacePartially Finished
• Heating: Other

Exterior

• Parking: AttachedAsphaltAlley AccessAdditional ParkingPavedOff StreetParking spaces: 9

Location

• Originating MLS: nira
• County: Porter

Lot

• Zoning: O S S1/2 LOTS 1 & 2 BLK 9640924331005000004

Utilities

• Utilities: Electricity ConnectedWater ConnectedSewer ConnectedNatural Gas Connected100 Amp Service
• Water: Public
• Sewer: Public Sewer

Financial

• Source: nira