401 Morgan Boulevard, Valparaiso, IN 46383

Valparaiso
Local realty services provided by:Better Homes and Gardens Real Estate Connections
Listed by: jacquelyn brubaker
Office: coldwell banker real estate gr219-464-3531
MLS#:846417
Source:Northwest Indiana AOR as distributed by MLS GRID
401 Morgan Boulevard,Valparaiso, IN 46383
$459,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$459,000

About this home

Prime Valparaiso investment opportunity! Own a fully occupied, turnkey 3-unit rental property within easy walking distance to vibrant downtown Valpo. This meticulously maintained property offers immediate cash flow with great, reliable tenants already in place. You will save big on future maintenance costs thanks to newer, individual high-efficiency HVAC systems for each unit. The property also features excellent ways to increase your rental income. A 1.5-car garage and a partially finished basement with laundry hookups are currently unused by the tenants. You can easily turn these spaces into extra revenue by adding coin-operated laundry or renting out the garage for storage. With an unbeatable downtown location and low-maintenance upkeep, this 3 unit rental property is a perfect addition to your portfolio. Schedule your investor tour today!

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Home facts

  • Year built:1900
  • Subdivision & Development:North Valparaiso
  • Listing ID #:846417
  • Added:1 day(s) ago
  • Updated:October 07, 2026 at 12:08 PM

Rooms and interior

  • Kitchen Description:Range, Refrigerator
  • Basement:Yes
  • Basement Description:Basement

Structure and exterior

  • Year built:1900
  • Lot area:0.1 Acres
  • Lot Features:Corner Lot

Utilities

  • Water:Public

Finances and disclosures

  • Price:$459,000
  • Tax amount:$7,192 (2025)

Parking

  • Parking description:Driveway, On Street
  • Garage:Yes
  • Garage spaces:2
Based on information submitted to the MLS GRID as of October 7, 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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