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About This Home
This 4-bedroom, 2-bathroom residential multi family at 507 Franklin Street in Valparaiso, IN is listed for $385,000. Built in 1977, on a 0.21 acres lot.
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. 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!
Key Features
- Built in 1977
- 0.21 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$2,059/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
507 Franklin Street
Valparaiso, IN 46383
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Questions & Answers
This 4-bedroom, 2-bathroom residential multi family at 507 Franklin Street is listed at $385,000. The estimated monthly payment is $1,668 based on 20% down at 6.5% interest.
Key features include: Built in 1977, 0.21 acre lot, 2 stories.
This property is listed by Alessandra Roeback and can be reached at 7088008813 or ale.roeback@gmail.com.


































