1230 Lake Charles AVE, Porter, IN 46304
1230 Lake Charles AVE, Porter, IN 46304
1230 Lake Charles AVE, Porter, IN 46304
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$4,200,000
Est. payment /mo
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37,240 SqFt
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1230 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 37,240 sqft

Price per Sqft $112

MLS Listing ID 844657

HOA Y/N No

Year Built 1995

Annual Tax Amount $61,090

Tax Year 2025

Lot Size 3.330 Acres

Acres 3.33

Property Sub-Type Multi Family

Property Description

Rare opportunity to acquire a 28-unit multifamily portfolio in Porter, Indiana, consisting of three townhome-style properties totaling approximately 37,240 SF. The portfolio includes one 12-unit property and two 8-unit properties, with all units featuring 2-bedroom, 1.5-bath layouts. Properties are individually metered, with tenants responsible for electric, gas, water/sewer and trash, creating a low owner expense structure. Private outdoor space, in-unit laundry hookups and additional garage income enhance the offering. Strong in-place income with additional upside through continued rent growth. Conveniently located near I-94, US-20, the South Shore Line and Indiana Dunes National Park. Properties are available for purchase as a complete 28-unit portfolio or individually. Excellent opportunity for an investor seeking immediate scale in Northwest Indiana's multifamily market.

Location

State IN

County Porter

Interior

Heating Natural Gas

Fireplace N

Exterior

View Y/N true

View Neighborhood

Building

Sewer Public Sewer

Water Public

Others

Tax ID 640334256001000026

Acceptable Financing NRA20260831182046937757000000

Listing Terms NRA20260831182046937757000000

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 Lake Charles AVE