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About This Home
This 6-bedroom, 5-bathroom multi-family at 502 Monroe/ 251 Locust in Valparaiso, IN is listed for $499,890. Built in 1880, on a 0.20 acres lot.
Excellent Investment Opportunity in Valparaiso! Don't miss this great chance to own a 5-unit income property in the heart of Valparaiso! This solid two-story brick building offers classic curb appeal, reliable rental potential, and long-term value. The property features five separate units, providing steady income and flexibility for investors or owner-occupants.
Each unit is well-maintained with functional layouts, and tenants enjoy convenient on-site parking plus a two-car garage for added storage or rental potential. Located close to downtown Valparaiso, shopping, restaurants, schools, and major highways, this property offers excellent accessibility and strong rental demand. Whether you're expanding your portfolio or looking to start your investment journey, this is a turnkey opportunity with consistent cash flow and room to grow
Key Features
- Built in 1880
- 0.20 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$2,674/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
502 Monroe/ 251 Locust
Valparaiso, IN 46383
Center 004 Banta's Add,OS,Powells & etc0
Property Details
Pool Features
Parking
Heating
Appliances
Questions & Answers
This 6-bedroom, 5-bathroom multi-family at 502 Monroe/ 251 Locust is listed at $499,890. The estimated monthly payment is $2,166 based on 20% down at 6.5% interest.
Key features include: Built in 1880, 0.20 acre lot, 2 stories.
This property is listed by Steve Likas and can be reached at 2193133785 or stevelikas@gmail.com.
