507 Franklin Street Valparaiso, IN 46383
4 bed / 2 bath / 1,040 Sq. Ft. / 9,235 Sq. Ft., 0.212 acres lot size / Duplex
Status: Sold
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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!
property details
Type
Duplex
Status
Closed
County
Porter
Year Built
1977
Sq. Ft.
2,080
Lot Size
9,235 Sq. Ft., 0.2 acres
Listing Id
839530
Courtesy Of
Alessandra Roeback - BHHS Executive Realty +1 708 800 8813
List Office Phone
+1 (219) 663-1986
Subdivision
Powells Add
Interior Features
Beds
4
Full Baths
2
Living Area Units
Sq. Ft.
Appliances
Dryer
Washer
Refrigerator
Range
Washer
Refrigerator
Range
Bathrooms Total
2
Exterior Features
Parking
Garage
Utility & Building Info
Below Grade Finished Area
0
Price Per Sq Meter
$0
Heating
Gas Heat
Forced Air
Forced Air
Building Area Total
2,080 Sq. Ft.
Architectural Style
Other
Northern Michigan MLS, Inc listings presented by:
203 Bridge St.
Charlevoix, Michigan 49720
(231) 547-9905
Price History
| date | event | price | source |
|---|---|---|---|
|
07/09/2026
07/09/2026
|
Sold |
$355,000
|
Greater NW Indiana Assoc of Realtors |
|
06/30/2026
06/30/2026
|
Pending |
$368,000
|
Greater NW Indiana Assoc of Realtors |
|
05/26/2026
05/26/2026
|
Active |
$368,000
|
Greater NW Indiana Assoc of Realtors |
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Market Trends
Source: Constellation1
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