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Homes for sale in Valparaiso, IN | 502 Monroe/ 251 Locust, Valparaiso, IN 46383 | MLS# 831022
Homes for sale in Valparaiso, IN | 502 Monroe/ 251 Locust, Valparaiso, IN 46383 | MLS# 831022
Homes for sale in Valparaiso, IN | 502 Monroe/ 251 Locust, Valparaiso, IN 46383 | MLS# 831022
Homes for sale in Valparaiso, IN | 502 Monroe/ 251 Locust, Valparaiso, IN 46383 | MLS# 831022
Homes for sale in Valparaiso, IN | 502 Monroe/ 251 Locust, Valparaiso, IN 46383 | MLS# 831022
64+
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$499,899

  • Beds Icon6 Beds
  • Beds Icon
    5 Baths

    5 full baths

  • Beds Icon--sqft

502 Monroe/ 251 Locust, Valparaiso, IN 46383

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  • Apartment

  • Built in 1880

  • $-- HOA

  • 8,712 sqft lot

  • --/sqft

Description

Excellent Investment Opportunity in Valparaiso! Don't miss this great chance to own a 5-unit income property in the heart of Valparaiso! This solid two-story brick building offers classic curb appeal, reliable rental potential, and long-term value. The property features five separate units, providing steady income and flexibility for investors or owner-occupants. Each unit is well-maintained with functional layouts, and tenants enjoy convenient on-site parking plus a two-car garage for added storage or rental potential. Located close to downtown Valparaiso, shopping, restaurants, schools, and major highways, this property offers excellent accessibility and strong rental ...

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  • Houzeo last checked: 1 Hour ago
  • Listing updated: December 9, 2025 at 11:27 pm
  • Listing Provided by: Steve Likas (219) 313-3785 , Franziska Acke | McColly Real Estate (219) 663-3835
  • Source: Northwest Indiana REALTORS® Association MLS-IN | MLS#: 831022 Northwest Indiana REALTORS® Association MLS-IN

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Porter County

  • City

    Valparaiso

  • Neighborhood

    --

  • Year Built

    1880

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    8,712 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Northwest Indiana REALTORS® Association MLS

  • MLS Number

    831022

  • MLS Status

    Active

  • Days on Market

    27

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