407-407 1/2 Franklin Street

Valparaiso, IN
$ 369,500 Beds 4 Baths 0 Sq 3,600
Monthly Estimate* How much can I afford?

Location & design set this duplex home opportunity apart from the rest. As a live & rent or extended family living setup, it's a great setup. As an investment, the rents could be maximized. Each unit offers three levels, the main floor w/living, dining & kitchen, the upstairs w/2 bedrooms & a full bath, & the downstairs w/ family room/flex bedroom (non-conforming windows though!). Bedroom & family room features oversized wall to wall closets. Recent upgrades include roof in 2020, newer water heaters, one newer furnace, engineered strip vinyl flooring, granite top vanities, beautiful over-the-top tile bathrooms, & vintage kitchen cabinets & wall ovens that are 60s cool. Durable brick exterior, detached alley loaded garage w/covered concrete patio. Tenants pay all own utilities. Units bring in $1,000/mo & $1,100/mo, but proforma w/maximized market rents should put this at $1,400-$1,500/mo per unit for investors. Schedule your showing today on this great downtown duplex.

Multi-Family

  • Price
  • $ 369,500
  • Lot Size
  • 9,148 SqFt
  • Bedrooms
  • 4
  • Sqr Footage
  • 3,600
  • Full Bathrooms
  • 0
  • Year Built
  • 1963
  • Half Bathrooms
  • 0
  • City, Zip
  • Valparaiso
  • County
  • PORTER
  • Style
  • Income Property
  • Area
  • MLS#
  • 491589
  • Zip
  • 46383
Listing Provided by: Matt Evans with RE/MAX Lifestyles
Data Source: Greater Northwest Indiana Association of REALTORS

Features

General

Exterior Features Aluminum Siding, Brick
Garage Spaces 2.0
Property SubType Income Property
Property Type Multi Unit/Income
Subdivision Name Powells Sub
Transaction Type Sale
Year Built 1963

Interior Features

Basement Y/N Yes
Living Area 3600.00
Total Bedrooms 4

Exterior Features

Bathrooms 4.00
Lot Size Square Feet 9148.00
Municipal Water Yes
Septic No
Well No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Valparaiso, IN office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

4/30/2021 Listed $369,500

Property vs Zip Code Average in 46383

Price
AVG $280K
$370K
Visits
AVG 3
7
Year Built
AVG 1936
1963

Map

407-407 1/2 Franklin Street Valparaiso, IN is a Single Family Home for sale at $369500 with 3600 sqft and a lot size of 9,148 SqFt Acre(s). 407-407 1/2 Franklin Street Valparaiso has 4 bedrooms, 0 baths and was built in 1963. The property's zip code is 46383 which is in Valparaiso, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.