205 E Garfield Street, Michigan City, IN 46360

Michigan City
Local realty services provided by:Better Homes and Gardens Real Estate Connections
Listed by: eric frageman
Office: century 21 circle219-874-2121
MLS#:843245
Source:Northwest Indiana AOR as distributed by MLS GRID
205 E Garfield Street,Michigan City, IN 46360
$249,900
  • 4 Beds
  • 5 Baths
  • - sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$249,900

About this home

Excellent opportunity to add a versatile mixed-use investment property to your portfolio. This income-producing property features four two-bedroom residential units along with one (1) commercial space, offering multiple income streams in a convenient Michigan City location. The property is currently generating over 2,500 per month in rental income. All residential units are occupied on verbal month-to-month rental agreements, providing flexibility for future management and leasing strategies. The commercail space is vacant and is awaiting your next project. The property is situated just off a public bus route and offers easy access to many of the area's amenities. Enjoy proximity to Lake Michigan's shoreline and beaches, shopping, dining, entertainment, the casino, and rail service, making this a desirable location for both residential and commercial tenants. Whether you're expanding your investment portfolio or seeking a mixed-use property with immediate cash flow and future...

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Home facts

  • Year built:1968
  • Subdivision & Development:Sanborns 4th Add
  • Listing ID #:843245
  • Added:102 day(s) ago
  • Updated:November 12, 2026 at 05:00 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:5
  • Full bathrooms:5
  • Rooms Total:12
  • Kitchen Description:Range, Refrigerator
  • Basement Description:No Basement

Structure and exterior

  • Year built:1968
  • Lot area:0.12 Acres

Utilities

  • Water:Public

Finances and disclosures

  • Price:$249,900
  • Tax amount:$3,972 (2024)

Parking

  • Parking description:Off Street, On Street
Based on information submitted to the MLS GRID as of November 12, 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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