124 N Woodland Avenue, Michigan City, IN 46360

Michigan City
Local realty services provided by:Better Homes and Gardens Real Estate Connections
Listed by: erica miller
Office: @properties/christie's intl re219-243-2120
MLS#:841035
Source:Northwest Indiana AOR as distributed by MLS GRID
124 N Woodland Avenue,Michigan City, IN 46360
$85,000
  • 4 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$85,000

About this home

Investor opportunity! Priced at just 85K, this tenant-occupied two-unit property offers immediate rental income and strong upside for the right buyer. Each unit features 2 bedrooms and 1 bathroom, with a partially finished basement providing additional storage and future possibilities. The seller is motivated and ready to sell, offering the property as-is and with tenants in place. The main-floor tenant has occupied the property for nearly a decade and is currently month-to-month. The upstairs tenant moved in January and has a lease in place through December. Tenants pay on time, and the property currently generates 1,250 per month in rental income. While the property needs substantial TLC, the layout, income potential, and location make this a great opportunity for an investor ready to renovate and reposition. Conveniently located just blocks from the South Shore Line and near one of the city's main corridors, with quick access to shopping, dining, entertainment, Blue Chip Casino,...

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Home facts

  • Year built:1924
  • Listing ID #:841035
  • Added:8 day(s) ago
  • Updated:June 29, 2026 at 02:30 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:8
  • Basement:Yes
  • Basement Description:Basement

Structure and exterior

  • Year built:1924
  • Lot area:3920 Acres

Utilities

  • Water:Public

Finances and disclosures

  • Price:$85,000
  • Tax amount:$1,832 (2025)

Parking

  • Parking description:On Street
Based on information submitted to the MLS GRID as of June 29, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

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