1291-1297 Lake Charles Avenue, Porter, IN 46304
Local realty services provided by:Better Homes and Gardens Real Estate Connections
Listed by: tariq suboh
Office: ellsbury group219-200-5133
MLS#:842347
Source:Northwest Indiana AOR as distributed by MLS GRID
1291-1297 Lake Charles Avenue,Porter, IN 46304
$575,000
- 8 Beds
- 8 Baths
- - sq. ft.
- Multi-family
- Pending
Price summary
- Price:$575,000
About this home
Excellent investment opportunity to acquire a well-maintained 4-unit townhome community in the highly desirable Porter area, just minutes from the Indiana Dunes National Park, I-94, and the South Shore commuter rail. Built in 1993, each spacious unit features approximately 1,330 SF with 2 bedrooms, 1.5 bathrooms, open-concept living areas, vaulted ceilings, granite countertops, stainless steel appliances, private rear decks, and in-unit washer/dryer hookups. Each unit is individually metered with tenants responsible for electric, gas, water/sewer, and trash, minimizing owner expenses. Recent capital improvements include roof replacement, HVAC and water heater updates, and parking lot resurfacing. Current rents provide immediate cash flow with significant upside as rents move toward market levels. An outstanding value-add opportunity in one of Northwest Indiana's strongest rental markets.
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Home facts
- Year built:1993
- Subdivision & Development:Lake Charles Sub
- Listing ID #:842347
- Added:16 day(s) ago
- Updated:August 01, 2026 at 07:50 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:8
- Full bathrooms:4
- Half bathrooms:4
- Kitchen Description:Gas Range, Refrigerator
- Basement Description:No Basement
Structure and exterior
- Year built:1993
- Lot area:0.46 Acres
Utilities
- Water:Public
Finances and disclosures
- Price:$575,000
- Tax amount:$7,500 (2024)
Parking
- Parking description:Additional Parking, Off Street, Paved
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