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205 Michigan Avenue, Valparaiso, IN 46383

$1,260,000

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  • Leased
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  • 0 BedroomBeds
  • 0 BathroomBaths
  • 9,246Sqft
  • 0Acres
  • Commercial SaleType
  • ActiveStatus
  • 839221MLS#
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Property Description 205 Michigan Avenue, Valparaiso, IN 46383

Discover an exceptional investment opportunity with this charming, well-maintained 9 unit multifamily property. This building blends classic character and craftsmanship with thoughtful updates, creating a desirable living environment for tenants and a turnkey opportunity for investors. This property features a diverse unit mix ranging from studio to 3 bedroom apartments in the heart of Valparaiso. Situated in a convenient location near shopping, dining, and transportation this building has had a history of stable occupancy. Whether you're looking to expand your portfolio or seeking a reliable income-producing asset, this 9-unit property offers an ideal combination of charm and long-term growth potential. *Landlord pays for water & heat.



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Property Details 205 Michigan Avenue, Valparaiso, IN 46383

  • On Market Date: 05/20/2026
  • Year Built: 1920
  • Sq. Ft.: 9,246
  • MLS#: 839221
  • Type: Commercial Sale
  • Status: Active
  • Lot Size: 8,712
  • Price: $1,260,000
  • City: Valparaiso
  • State: IN
  • Zip: 46383
  • County: Porter
  • Price Per Sq Ft: $136
  • Development: NO
  • Date Last Updated: 05/20/2026
  • Property tax: $14,337
  • Basement: Yes
  • Pool: NO
  • Water: Public
  • Sewer: Public Sewer
  • Heating: Other
  • Cooling: Other

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