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$995,000
7 Beds
7 Baths7 full baths
--sqft
514 Lake Shore Dr, Michigan City, IN 46360
$995,000
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Apartment
Built in 1919
$-- HOA
3,648 sqft lot
--/sqft
Description
nvestors--Income Opportunity in Sheridan Beach! Welcome to 514 Lakeshore Drive, Michigan City, located in the desirable Sheridan Beach neighborhood, just one block from Lake Michigan. This DSCR-friendly property offers strong potential for long-term rental income, short-term rental use (buyer to verify), or portfolio growth. Consistent rental demand is supported by proximity to Sheridan Beach, Washington Park, the marina, Uptown Arts District, Blue Chip Casino, and the South Shore Train Station, offering convenient access for commuters to Chicago. Ideal for cash, DSCR, or portfolio investors seeking an income-producing property in one of Northwest Indiana's most sought-...
Continue Reading- Houzeo last checked: 32 Minutes ago
- Listing updated: January 18, 2026 at 3:20 pm
- Listing Provided by: Kimberly Sut (219) 669-6081 | Listing Leaders Executive RE (219) 669-6081
- Source: Northwest Indiana REALTORS® Association MLS-IN | MLS#: 830554
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1919
HOA Fees
-
Finished Area
- sqft
Lot Size
3,648 sqft lot
Basement Area
- sqft
MLS Name
Northwest Indiana REALTORS® Association MLS
MLS Number
830554
MLS Status
Active
Days on Market
85
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