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$459,000
Listing Price3beds
3baths
3,048sqft
4,356sqft lot
401 Morgan Blvd, Valparaiso, IN 46383
Member Features
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Full foreclosure details
Home value, equity and ownership info
Find homes priced below market
Get full access with a FREE Account
Already a member?
For Sale
New Listing
Off Market
Home type
Price / sqft
Year built
Home Details
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!
Interior Details
3048
3
3
Has Heating:
Yes
Heating Type:
Central
Has Cooling:
Yes
Cooling Type:
Central
Has Fuel:
Yes
Fuel Type:
Gas
Has Basement:
No
Basement Type:
Partial
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
4356
Yes
Yes
Type:
Garage, Attached
Location:
N/A
Status:
N/A
Number of Spaces:
1
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
N/A
N/A
N/A
N/A
Asphalt
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$5,010
$23,800
$164,700
--%
$188,500
2018
$4,730
$23,800
$154,100
--%
$177,900
2017
$4,657
$23,800
$151,500
--%
$175,300
2017
$4,657
$28,400
$137,200
--%
$165,600
2016
$4,061
$26,900
$129,900
--%
$156,800
2013
$3,820
$26,300
$115,300
--%
$141,600
2012
$3,820
$26,300
$115,300
--%
$141,600
2011
$2,876
$25,000
$120,800
--%
$145,800
Average Home Price in 46383
Nearby Properties
Zip Code
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Bed
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Sqft
Lot
Sold Date
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Sold 10/06/2026
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