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About This Home

This 5-bedroom, 4-bathroom residential multi family at 509 Union Street in Valparaiso, IN is listed for $405,000. Built in 1880, on a 0.18 acres lot.

Agent Description

Don't miss this opportunity to own a four-unit residential income property offering immediate rental income and long-term appreciation potential. This multifamily property features four separate units with a mix of layouts, providing broad tenant appeal and stable occupancy.

This property presents an excellent opportunity for both seasoned investors and owner-occupants looking to offset living expenses with rental income. Located in desirable downtown Valparaiso, the property is close to dining, shopping, parks, and so much more.

Key Features

  • Built in 1880
  • 0.18 acre lot
  • 2 stories

Property Details

2 stories
4 full
1880

Monthly Cost Estimate

$2,166/mo

20% down · 6.5% · 30 years

Principal$293
Interest$1,755
Insurance$118

Estimates only. Actual payments may vary.

Location

509 Union Street

Valparaiso, IN 46383

Johnsons Sub

Property Details

Parking

Off StreetOn Street

Heating

Hot Water(Heating)

Appliances

Gas RangeRefrigerator

Questions & Answers

This 5-bedroom, 4-bathroom residential multi family at 509 Union Street is listed at $405,000. The estimated monthly payment is $1,755 based on 20% down at 6.5% interest.

Key features include: Built in 1880, 0.18 acre lot, 2 stories.

This property is listed by Madison Jirtle and can be reached at 2195086541 or maddiejirtle@gmail.com.

MJ

Madison Jirtle

Agent at Evolution Real Estate Solution

(219) 508-6541

Listed by Evolution Real Estate Solution · View on Broker Site

MLS# 840682· Source: listhub· Updated 10 days ago

Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

509 Union Street, Valparaiso, IN 46383

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