507 Franklin ST, Valparaiso, IN 46383
507 Franklin ST, Valparaiso, IN 46383
507 Franklin ST, Valparaiso, IN 46383
29
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$368,000
Est. payment /mo
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4 Beds
2 Baths
9,235 SqFt
Open Sun 1PM-3PM

507 Franklin ST Valparaiso, IN 46383

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Gus Morquecho

Gus Morquecho

+1(219) 308-2266

Open House

Sun May 31, 1:00pm - 3:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 9,235 sqft

Price per Sqft $39

Subdivision Powells Add

MLS Listing ID 839530

Bedrooms 4

Full Baths 2

Year Built 1977

Annual Tax Amount $6,964

Tax Year 2025

Lot Size 9,234 Sqft

Acres 0.212

Property Sub-Type Duplex

Property Description

Excellent investment opportunity in the heart of downtown Valparaiso! This well-located duplex is within walking distance to the library, restaurants, and grocery stores, offering convenience and strong rental appeal. Each unit features 2 bedrooms, 1 full bath, and in-unit laundry, providing comfortable and functional living spaces for tenants or owners alike. The property also includes a detached 2-car garage for added value and storage. Brand new roof installed, giving peace of mind to future owners and reducing major maintenance concerns. With strong potential to significantly increase rental income, this property is ideal for investors or owner-occupants. Live in one unit while generating income from the other -- don't miss this versatile and income-producing opportunity!

Location

State IN

County Porter

Interior

Interior Features Other

Heating Forced Air, Natural Gas

Fireplace N

Appliance Dryer, Washer, Refrigerator, Range

Exterior

Garage Spaces 2.0

View Y/N true

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Building

Lot Description Front Yard

Story Two

Schools

School District Valparaiso

Others

Tax ID 640924181007000004

Acceptable Financing NRA20260526111956102421000000

Listing Terms NRA20260526111956102421000000

Pets Allowed No

Listed by BHHS Executive Realty • Alessandra Roeback

Nearby Locations

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Gus Morquecho

Gus Morquecho

Broker Associate | License ID: RB140551680

+1(219) 308-2266

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507 Franklin ST