306 Jefferson Street, Valparaiso, IN 46383

Valparaiso
Local realty services provided by:Better Homes and Gardens Real Estate Connections
Listed by: jodi gheaja
Office: realty executives premier219-462-2224
MLS#:844115
Source:Northwest Indiana AOR as distributed by MLS GRID
306 Jefferson Street,Valparaiso, IN 46383
$479,900
  • 5 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$479,900

About this home

LOCATION, LOCATION, LOCATION! A rare opportunity to own an income-producing property in the heart of downtown, just one block north of Lincolnway on Jefferson and steps from the exciting new Linc shopping and dining district. This distinctive historic two-story brick building offers incredible character, an unbeatable location, and multiple income streams. The property features four fully leased residential units, including three 1-bedroom apartments and one spacious 2-bedroom apartment. Each unit offers its own private entrance, providing added privacy and convenience for tenants. A welcoming front porch adds to the historic charm, while a concrete patio area at the rear provides additional outdoor living space. The largest unit also offers direct access to the garage area. What truly sets this investment apart is the RARE detached 7-unit garage, providing valuable additional rental income and a feature nearly impossible to find in a downtown location. The garage is conveniently...

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Home facts

  • Year built:1879
  • Subdivision & Development:Valparaiso
  • Listing ID #:844115
  • Added:2 day(s) ago
  • Updated:August 23, 2026 at 02:53 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:12
  • Kitchen Description:Dishwasher, Gas Range, Refrigerator
  • Basement:Yes
  • Basement Description:Basement

Structure and exterior

  • Year built:1879
  • Lot area:0.25 Acres

Utilities

  • Water:Public

Finances and disclosures

  • Price:$479,900
  • Tax amount:$6,837 (2025)

Features and amenities

  • Laundry features:Dryer, Washer

Parking

  • Parking description:Detached, On Street
  • Garage:Yes
  • Garage spaces:7
Based on information submitted to the MLS GRID as of August 23, 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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