306 Jefferson ST, Valparaiso, IN 46383
306 Jefferson ST, Valparaiso, IN 46383
306 Jefferson ST, Valparaiso, IN 46383
20
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$479,900
Est. payment /mo
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5 Beds
4 Baths
10,890 SqFt
Pending

306 Jefferson ST Valparaiso, IN 46383

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Maurice Cornett

Maurice Cornett

+1(219) 781-1169

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 10,890 sqft

Price per Sqft $44

Subdivision Valparaiso

MLS Listing ID 844115

Bedrooms 5

Full Baths 4

HOA Y/N No

Year Built 1879

Annual Tax Amount $6,837

Tax Year 2025

Lot Size 10,890 Sqft

Acres 0.25

Property Sub-Type Quadruplex

Property Description

LOCATION, LOCATION, LOCATION! A rare opportunity to own an income-producing property in the heart of downtown, just one block north of Lincolnway on Jefferson and steps from the exciting new Linc shopping and dining district. This distinctive historic two-story brick building offers incredible character, an unbeatable location, and multiple income streams. The property features four fully leased residential units, including three 1-bedroom apartments and one spacious 2-bedroom apartment. Each unit offers its own private entrance, providing added privacy and convenience for tenants. A welcoming front porch adds to the historic charm, while a concrete patio area at the rear provides additional outdoor living space. The largest unit also offers direct access to the garage area. What truly sets this investment apart is the RARE detached 7-unit garage, providing valuable additional rental income and a feature nearly impossible to find in a downtown location. The garage is conveniently accessed from the alley and features block construction with a flat roof. All residential units are currently leased, allowing for immediate income from day one, with additional potential to further maximize revenue. With its historic brick architecture, multiple rental units, exceptional garage income, and walkable location near downtown shopping, dining, entertainment, and Lincolnway, this is a truly unique investment opportunity. Properties offering this combination of location, established rental income, historic character, and 7 garage units rarely become available. Add this exceptional downtown property to your investment portfolio!

Location

State IN

County Porter

Rooms

Basement Full

Interior

Interior Features Other

Heating Baseboard

Fireplace N

Appliance Dryer, Washer, Refrigerator, Gas Range, Dishwasher

Exterior

Parking Features On Street, Detached

Garage Spaces 7.0

View Y/N true

Building

Lot Description Front Yard, Other

Story Two

Sewer Public Sewer

Water Public

Level or Stories Two

Others

Tax ID 640924341003000004

Acceptable Financing NRA20260820231543028776000000

Listing Terms NRA20260820231543028776000000

Pets Allowed No

Listed by Realty Executives Premier • Jodi Gheaja

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Maurice Cornett

Maurice Cornett

Broker Associate License ID: 19001105, 3607323, 475.201736

+1(219) 781-1169

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306 Jefferson ST