507 Franklin ST, Valparaiso, IN 46383
507 Franklin ST, Valparaiso, IN 46383
507 Franklin ST, Valparaiso, IN 46383
29
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$385,000
Est. payment /mo
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4 Beds
2 Baths
9,235 SqFt
Open Sat 10AM-12PM

507 Franklin ST Valparaiso, IN 46383

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Maurice Cornett

Maurice Cornett

+1(219) 781-1169

Open House

Sat Apr 25, 10:00am - 12:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 9,235 sqft

Price per Sqft $41

Subdivision Powells Add

MLS Listing ID 837353

Bedrooms 4

Full Baths 2

Year Built 1977

Annual Tax Amount $6,964

Tax Year 2025

Lot Size 9,234 Sqft

Acres 0.212

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. 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

Fireplace N

Appliance Dryer, Washer, Refrigerator, Range

Exterior

Garage Spaces 2.0

View Y/N true

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Building

Lot Description Front Yard

Story Two

Schools

School District Valparaiso

Others

Tax ID 640924181007000004

Acceptable Financing NRA20260418114014317693000000

Listing Terms NRA20260418114014317693000000

Pets Allowed No

Listed by BHHS Executive Realty • Alessandra Roeback

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Maurice Cornett

Maurice Cornett

Broker Associate | License ID: 19001105, 3607323, 475.201736

+1(219) 781-1169

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507 Franklin ST