731 W 4th Street, Michigan City, IN 46360

Michigan City
Local realty services provided by:Better Homes and Gardens Real Estate Connections
Listed by: matt evans
Office: re/max lifestyles
MLS#:533265
Source:Northwest Indiana AOR as distributed by MLS GRID
731 W 4th Street,Michigan City, IN 46360
$172,500
  • 5 Beds
  • 2 Baths
  • 2,196 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$172,500
  • Price per sq. ft.:$78.55

About this home

An excellent income history and over 2,100 SF underscore the major benefits of this 2-unit multifamily income property located off Highway 12 in Michigan City. One 3BR and one 2BR apartment, each with 1 bath. Off street parking. $22,800 of gross income per year. One tenant has been in place for over 8 years. GRM is 8.0. Located near Lighthouse Outlet Stores, the skatepark, Mt Baldy, and the lake. Time to make this investment yours! Showing windows are Tues and Sat 1:30-2:30pm only to respect tenants.

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Home facts

  • Year built:1909
  • Listing ID #:533265
  • Added:1205 day(s) ago
  • Updated:October 29, 2026 at 10:08 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:9
  • Basement Description:No Basement
  • Living area:2,196 sq. ft.

Structure and exterior

  • Year built:1909
  • Building area:2,196 sq. ft.
  • Lot area:0.13 Acres

Finances and disclosures

  • Price:$172,500
  • Price per sq. ft.:$78.55
  • Tax amount:$1,744

Parking

  • Garage spaces:1
Based on information submitted to the MLS GRID as of November 16, 2023. 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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