507 Franklin Street, Valparaiso, IN 46383

$368,000

  • Open House Sun. May 31; 1:00PM - 3:00PM
  • New Listing
  • Price Reduced
  • Sold
  • Leased
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  • 4 BedroomBeds
  • 2 BathroomBaths
  • Sqft
  • 0Acres
  • Multi-FamilyType
  • ActiveStatus
  • 839530MLS#
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Property Description 507 Franklin Street, Valparaiso, IN 46383

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!



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Property Details 507 Franklin Street, Valparaiso, IN 46383

  • On Market Date: 05/26/2026
  • Year Built: 1977
  • MLS#: 839530
  • Type: Multi-Family
  • Status: Active
  • Lot Size: 9,235
  • Price: $368,000
  • City: Valparaiso
  • State: IN
  • Zip: 46383
  • County: Porter
  • Development: NO
  • Date Last Updated: 05/27/2026
  • Property tax: $6,964

Bedrooms

  • Beds: 4

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: NO
  • Garage/Parking Spaces: 2
  • Pool: NO
  • Water: Public
  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

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