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$459,000

Listing Price

3beds

3baths

3,048sqft

4,356sqft lot

401 Morgan Blvd, Valparaiso, IN 46383

Member Features

Find Real Estate Bargain!

  • 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

Single Family

Home type

110.98

Price / sqft

1900

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

Square Feet
  • 3048

Bedrooms
  • 3

Bathrooms
  • 3

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    Partial

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 4356

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    1

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 2

Style
  • N/A

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • 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

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Average Home Price in 46383

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$831,193

4 Beds

3.5 Baths

3,162 Sqft

7,057 Lot (sqft)

Sold 10/06/2026

$414,000

4 Beds

2 Baths

2,658 Sqft

5,793 Lot (sqft)

Sold 10/05/2026

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
459,000
$
Down payment
91,800
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
2,754
$
HOA (Monthly)
0
$
PMI
0
$
$2,971
Your Payment
Total Monthly Payment:$2,971
Percent of Income:51%
Affordable:No

Details for 401 MORGAN BLVD

Property Debt

Foreclosure Contact Details