401 Morgan BLVD, Valparaiso, IN 46383
401 Morgan BLVD, Valparaiso, IN 46383
401 Morgan BLVD, Valparaiso, IN 46383
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$459,000
Est. payment /mo
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4,356 SqFt
Active

401 Morgan BLVD Valparaiso, IN 46383

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Maurice Cornett

Maurice Cornett

+1(219) 781-1169

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 4,356 sqft

Price per Sqft $105

Subdivision North Valparaiso

MLS Listing ID 846417

HOA Y/N No

Year Built 1900

Annual Tax Amount $7,192

Tax Year 2025

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type Apartment

Property Description

Prime Valparaiso investment opportunity! Own a fully occupied, turnkey 3-unit rental property within easy walking distance to vibrant downtown Valpo. This meticulously maintained property offers immediate cash flow with great, reliable tenants already in place. You will save big on future maintenance costs thanks to newer, individual high-efficiency HVAC systems for each unit. The property also features excellent ways to increase your rental income. A 1.5-car garage and a partially finished basement with laundry hookups are currently unused by the tenants. You can easily turn these spaces into extra revenue by adding coin-operated laundry or renting out the garage for storage. With an unbeatable downtown location and low-maintenance upkeep, this 3 unit rental property is a perfect addition to your portfolio. Schedule your investor tour today!

Location

State IN

County Porter

Rooms

Basement Partially Finished

Interior

Interior Features Eat-in Kitchen

Heating Forced Air, Natural Gas

Fireplace N

Appliance Range, Refrigerator

Exterior

Parking Features Driveway, On Street

Garage Spaces 1.5

View Y/N true

View Neighborhood

Building

Lot Description Back Yard, Front Yard, Corner Lot

Story Two

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Valparaiso

Others

Tax ID 640924187011000004

Acceptable Financing NRA20261005173522276552000000

Listing Terms NRA20261005173522276552000000

Pets Allowed Call

Listed by Coldwell Banker Real Estate Gr • Jacquelyn Brubaker

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Maurice Cornett

Maurice Cornett

Broker Associate License ID: 19001105, 3607323, 475.201736

+1(219) 781-1169

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401 Morgan BLVD