1230-1256 Lake Charles AVE, Porter, IN 46304
1230-1256 Lake Charles AVE, Porter, IN 46304
1230-1256 Lake Charles AVE, Porter, IN 46304
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$1,750,000
Est. payment /mo
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15,960 SqFt
Active

1230-1256 Lake Charles AVE Porter, IN 46304

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Maurice Cornett

Maurice Cornett

+1(219) 781-1169

UPDATED:

Key Details

Property Type Commercial

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

HOA Y/N No

Year Built 1995

Annual Tax Amount $24,724

Tax Year 2024

Lot Size 1.567 Acres

Acres 1.567

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

Fireplace N

Exterior

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

View Y/N true

View Neighborhood

Building

Lot Description Cul-De-Sac

Sewer Public Sewer

Water Public

Others

Tax ID 640334426002000026

Acceptable Financing NRA20260617183602793869000000

Listing Terms NRA20260617183602793869000000

Listed by Ellsbury Group • Tariq Suboh

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Maurice Cornett

Maurice Cornett

Broker Associate License ID: 19001105, 3607323, 475.201736

+1(219) 781-1169

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1230-1256 Lake Charles AVE