401 Morgan Boulevard, Valparaiso, IN 46383

$459,000

  • Open House
  • New Listing
  • Price Reduced
  • Virtual Tour
  • Sold
  • Leased
-1 More Schedule
  • 0 BedroomBeds
  • 0 BathroomBaths
  • Sqft
  • 0Acres
  • Multi-FamilyType
  • ActiveStatus
  • 846417MLS#
-1 More Schedule

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Property Description 401 Morgan Boulevard, Valparaiso, IN 46383

Prime Valparaiso investment opportunity! Own a fully occupied, turnkey 3-unit rental property within easy walking distance to vibrant downtown Valpo. This meticulously maintained property offers immediate cash flow with great, reliable tenants already in place. You will save big on future maintenance costs thanks to newer, individual high-efficiency HVAC systems for each unit. The property also features excellent ways to increase your rental income. A 1.5-car garage and a partially finished basement with laundry hookups are currently unused by the tenants. You can easily turn these spaces into extra revenue by adding coin-operated laundry or renting out the garage for storage. With an unbeatable downtown location and low-maintenance upkeep, this 3 unit rental property is a perfect addition to your portfolio. Schedule your investor tour today!



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Property Details 401 Morgan Boulevard, Valparaiso, IN 46383

  • On Market Date: 10/06/2026
  • Year Built: 1900
  • MLS#: 846417
  • Type: Multi-Family
  • Status: Active
  • Lot Size: 4,356
  • Price: $459,000
  • City: Valparaiso
  • State: IN
  • Zip: 46383
  • County: Porter
  • Development: NO
  • Date Last Updated: 10/06/2026
  • Property tax: $7,192
  • Basement: Yes
  • Garage/Parking Spaces: 1
  • Pool: NO
  • Water: Public
  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

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