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About This Home
This 6-bedroom, 3-bathroom multi-family at 307 State Street in La Porte, IN is listed for $179,000 ($71 per sqft). the home offers 2,519 sqft of living space on a 0.11 acres lot.
Excellent value-add investment opportunity in LaPorte! This triplex features all separately metered units, offering simplified management and utility responsibility. One unit has recently been turned and is rent-ready, creating an immediate opportunity for maximum market rent.
Another unit is currently rented with a long term tenant at $555/month with room for rental growth. The spacious upper unit offers great layout potential and will be vacant as of 5/30, providing flexibility for renovations, owner occupancy, or increased rental income.
Several new windows have recently been added to the property, providing additional value and improvements. Located in a strong rental area with consistent tenant demand, this property offers excellent upside potential for investors looking to improve cash flow and build equity.
Key Features
- 0.11 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$957/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
307 State Street
La Porte, IN 46350
None
Features & Amenities
Exterior Features
Property Details
Flooring
Heating
Appliances
Questions & Answers
This 6-bedroom, 3-bathroom multi-family at 307 State Street is listed at $179,000 ($71/sqft). The estimated monthly payment is $776 based on 20% down at 6.5% interest.
Key features include: 0.11 acre lot, 2 stories. Exterior Features: Water Heater Gas, None.
This property is listed by Michelle Bordeau and can be reached at 5743398199 or MichelleBordeau40@gmail.com.