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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 $368,000. 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. Brand new roof installed, giving peace of mind to future owners and reducing major maintenance concerns. 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
$1,968/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 $368,000. The estimated monthly payment is $1,595 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.
