Michigan City IN Multi Family for Sale

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Type:
Apartment
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
4
Year built:
1884
Baths:
2.00
MLS#:
812536
Subdivision:
N/a

ADDITIONAL INFORMATION

CALLING ALL INVESTORS! This fully occupied, two unit is awaiting its new owner. Main floor unit offers vinyl plank flooring in living room, two bedrooms, eat-in kitchen & full bathroom. Upper level two-bedroom unit offers some hardwood flooring, eat-in kitchen & full bathroom. Each unit has a gas range & refrigerator that will remain. Each unit has front and rear access throughout interior porches. Separate thermostats, (2) furnaces replaced 2-3 years ago, (2) hot water heaters, updated electric with separate panels and separate NIPSCO meters. One washer & dryer currently in basement but there are w/d hook-ups for each unit in basement. Fenced yard and 1.5 car garage with service door & manual garage door. May have room to park two cars tandemly in garage depending on car size. New gutters in Sept 2024. Very convenient location across the street from Ames Field and close to many stores, restaurants & city conveniences, some within walking distance.

Type:
Duplex
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
3
Year built:
1914
Baths:
2.00
MLS#:
812505
Subdivision:
N/a

ADDITIONAL INFORMATION

Updated duplex in the heart of downtown Michigan City, ideally situated near restaurants, shopping, beaches, the casino, zoo, and marina. This property features one long-term tenant, and one unit previously operated as a successful Airbnb, offering excellent income versatility. Both units boast hardwood floors, modern kitchens with stainless steel appliances, renovated bathrooms, and brand-new furnaces with central air. With separate electric and gas utilities, each unit ensures convenience and independence for tenants. Whether you're seeking a savvy investment or a property with flexible rental options, this duplex combines style and prime location. Current rents are 1,300 and 1,500 a month.

Type:
Apartment
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1870
Baths:
2.00
MLS#:
812125
Subdivision:
Land Co Add

ADDITIONAL INFORMATION

Income property. Lower unit 2 bedroom 1 bath. Upper unit has 2 bedrooms and 1 full bath. Conveniently located close to the new double track and the outlet mall. Stake survey available.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
3
Year built:
1964
Baths:
2.00
MLS#:
812124
Subdivision:
N/a

ADDITIONAL INFORMATION

Welcome to your dream investment opportunity with this Charming Remodeled Duplex in Michigan City, Indiana! This beautifully renovated duplex in Michigan City combines modern elegance with classic charm. Each unit boasts spacious living areas, new kitchens, and updated bathrooms featuring timeless finishes. Seller has completely transformed this home inside and outside with a new roof, new electric, new plumbing (pex), and new siding(comes with a manufacturer transferrable warranty). Both units now provide a warm and inviting atmosphere with new flooring, drywall, interior carpentry (trim, doors and casing), fresh paint, and several new windows. Enjoy outdoor living with a lovely private yard, perfect for relaxing or entertaining guests. Located just minutes from local parks, Indiana National Dunes, Casinos, new hospital, lots of shopping, and the stunning shores of Lake Michigan, this duplex is ideal for both homeowners and investors. Live in 1 side and rent the other, ideal for generational living, or simply investment purposes. Don't miss out on this unique opportunity to own a piece of Michigan City's vibrant community. Schedule your showing today!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Year built:
1913
Baths:
2.00
MLS#:
811573
Subdivision:
Woods Park Add

ADDITIONAL INFORMATION

Fantastic Income Opportunity! This duplex offers a spacious 3-bedroom unit on the main level (currently vacant) and a 2-bedroom unit on the upper level, currently occupied with a year-long lease. It's ideal for investors seeking rental income or for those looking for owner-occupancy with rental potential. Gross Income: $27,000! This turn-key property boasts recent updates, including foundation, heating, central air, plumbing, water heaters, windows, and more. Rents are at or above market value, with easy access to schools, entertainment, and Lake Michigan. Maximize your income potential by exploring short-term rentals!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.12 Acres
Year built:
1905
Baths:
2.00
MLS#:
810250
Subdivision:
Dewolfes South Add

ADDITIONAL INFORMATION

Built in 1905, this super apartment building offers two units each with three bedrooms, one full bath, a living room, dining room and kitchen. The main floor is rented. The second floor has just been renovated and ready for a new tenant to move in. The seller has done extensive outside remodeling as well. New roof, siding, gutters, fence, new decks front and back, tuck pointing all around and foundation work inside and out. This property also offers plenty of parking in back for tenants. Plenty of street parking in front since this portion is no longer a thru street. Located just a short distance from the shopping complex of Lighthouse Mall and the historical shopping and dining district of Old Franklin Street. Checkout the Michigan City online Resource Center. Many new projects are starting to be underway within this area of town that includes the improved and already running railway system with a new station just blocks away.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1998
Baths:
4.00
MLS#:
808593
Subdivision:
Na

ADDITIONAL INFORMATION

Discover the charm and convenience of this beautifully updated Duplex, nestled in the highly desirable Sheridan Beach neighborhood of Michigan City. Conveniently named Dune Grass and Dune Sky, this property is a short walk or a quick golf cart ride away from the pristine shores of Lake Michigan, this property provides access to some of the best beaches Indiana has to offer. Each unit features a thoughtfully designed 2-bedroom, 2-bathroom layout, perfect for both entertaining and comfortable living. The bright, open floor plan flows seamlessly into private porches and expansive back decks, offering ideal spaces to unwind and enjoy the serene surroundings. Both units boast en suite bedrooms, in-unit laundry, and modern amenities, ensuring convenience and privacy for residents or guests. Ample parking and large, separated storage spaces add to the appeal, making this property as practical as it is charming. Centrally located, you're just minutes away from dining, shopping, and entertainment options, providing the perfect balance between a peaceful retreat and community life. Whether you're looking for a fantastic rental investment or a versatile home for shared use, this property delivers on all fronts. Being offered fully furnished, it's ready for immediate enjoyment. Don't miss the opportunity to own in one of Indiana's most sought-after neighborhoods. Schedule your showing today. Welcome 204 Washington Park Boulevard!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1879
Baths:
2.00
MLS#:
808139

ADDITIONAL INFORMATION

An ideal opportunity for those interested in expanding a home business, starting a daycare, or looking to have a great income property. This property has a fenced in yard, a two-car garage, and ample driveway, parking. The upstairs unit features two bedrooms , a bathroom, living and kitchen area. While the downstairs unit offers 2 bedrooms 1 bathroom, living room, dinning room, kitchen and back mudroom with a full unfinished basement. Each unit has two entry points from the front and back of the home. Schedule your showing today. The home is currently being rented for $1,300 a month by a daycare.

Type:
Apartment
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.05 Acres
Year built:
1900
Baths:
5.00
MLS#:
803724
Subdivision:
N/a

ADDITIONAL INFORMATION

Exciting investment opportunity in Michigan City with this 5-unit apartment building! With the recent rail upgrade project for the South Shore commuter train line, Michigan City is now an easy train ride to downtown Chicago, while providing a more affordable cost of living at home. Plus tenants will be within walking/biking distance to the train station, beaches & marinas, shopping, casinos, breweries and much more! This building is being sold as-is, priced to sell with plenty of margin for a great value-add opportunity. Excellent long-term tenant history as well as solid return on investment. Don't miss your chance to capitalize on the fast-pace growth that the Michigan City area is experiencing!

Type:
Apartment
Sq.Ft.:
n/a
Status:
Active
Beds:
3
Year built:
1928
Baths:
2.00
MLS#:
810093
Subdivision:
N/a

ADDITIONAL INFORMATION

Welcome to your next investment and lifestyle opportunity nestled in the heart of Michigan City, Indiana! This versatile mixed-use commercial property boasts an enviable location just moments away from the bustling new South Shore commuter train station, making it a prime spot for both locals and commuters alike. Imagine the endless possibilities as you step into this dynamic space, perfectly positioned whether you're dreaming of a vibrant cafA(c) where commuters can grab their morning coffee or cater to a diverse array of businesses; a boutique retail space showcasing local artisans, or professional offices for entrepreneurs seeking a central hub, this property offers the ideal canvas to bring your vision to life. But it's not just about business - the upper level boasts a sprawling, 2,000 square foot exquisite residential unit with 3 bedrooms and 1 bath where sunlight streams through the oversized windows, casting a warm glow on the original hardwood floors below. Relax in the spacious living room, spacious for a oversized couch and complimented with a library nook. The gourmet kitchen awaits the culinary enthusiast while entertaining guests in the formal dining room, where intimate gatherings are elevated by the ambiance of days gone by and indulge in fireside chats with a glass of your favorite bourbon. Experience the timeless elegance of a bygone era in this meticulously preserved unit to make your home or generate income with a short-term rental. From the scenic shores of Lake Michigan to the charming boutiques and eateries of downtown Michigan City, there's no shortage of reasons for visitors to explore and discover what your establishment has to offer and your life desires. Seize the opportunity with the possibility of utilizing local improvement grants with the Michigan City Urban Enterprise Zone and the federally designated Opportunity Zone. Capture the moment to be a part of Michigan City's vibrant community and elevate your experiences to new heights!

Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Year built:
1876
Baths:
3.00
MLS#:
801265
Subdivision:
Sanborns Add 02

ADDITIONAL INFORMATION

Fully leased, completely remodeled investment property in the Michigan City! 3 unit with total of 5 BR & 3 BA (3 bed/1 bath, 1 bed/1 bath, large 1 bed/1 bath), 1 unit up and 2 on the main level. New windows, roof, plumbing, furnaces and all interior finishes. Gas & electric paid by Tenants, water/sewer is landlord paid. Total monthly rent of $2,700/mo and units are leased to June '25, Nov '24, and Apr '25 CAP rate is over 9.0. Close to the brand new south shore station for an easy trip to Chicago, South Bend, or in between.

Type:
Apartment
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1886
Baths:
2.00
MLS#:
542879
Subdivision:
Land Cos Add/michigan City

ADDITIONAL INFORMATION

24,000.00 gross income in this fully occupied 2 unit. New windows and updated apartments. Photos of interior to come. One car garage on a corner lot.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
3
Year built:
1923
Baths:
2.00
MLS#:
542880
Subdivision:
Culver Add

ADDITIONAL INFORMATION

Classic little 2 unit bungalow. Each unit has its own private deck. Plenty of off street parking. interior photos to come. Lower unit rent is far from market rent. Upper is rented at 875.00. Potential gross income of 21,000.00.

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Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176

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Michigan City Real Estate

The median home value in Michigan City, IN is $224,900. This is higher than the county median home value of $211,400. The national median home value is $338,100. The average price of homes sold in Michigan City, IN is $224,900. Approximately 47.34% of Michigan City homes are owned, compared to 36.71% rented, while 15.94% are vacant. Michigan City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Michigan City real estate agent to arrange a tour today!

Michigan City, Indiana has a population of 31,965. Michigan City is less family-centric than the surrounding county with 19.13% of the households containing married families with children. The county average for households married with children is 25.08%.

The median household income in Michigan City, Indiana is $47,197. The median household income for the surrounding county is $60,226 compared to the national median of $69,021. The median age of people living in Michigan City is 36.5 years.

Michigan City Weather

The average high temperature in July is 82.2 degrees, with an average low temperature in January of 17.6 degrees. The average rainfall is approximately 40 inches per year, with 47.2 inches of snow per year.

Michigan City Real Estate Market Conditions

  • Median sales price

    $224,900
    14.2% change since last quarter
  • # Active listings

    186
    30-day change

Michigan City Schools and Demographics

Education near Michigan City, IN

Metric City County
High School Graduates 88.39 89.38
College Degree - 2 year 8.71 8.63
College Degree - 4 year 16.88 19.66
Graduate Degree 4.56 4.71
Expenditures per Student 13,673 13,673
Students per Teacher 15 15

Elementary Schools near Michigan City, IN

School Grades Students P/T Ratio ZIP
Bailly Elementary School KG - 04 427 18.6 46304
Brummitt Elementary School KG - 04 349 18.4 46304
Coolspring Elementary School KG - 06 322 17.9 46360
Discovery Charter School KG - 08 511 19.6 46304
Edgewood Elementary School KG - 06 248 12.7 46360
F Willard Crichfield Elementary School PK - 05 556 20.6 46350
Hailmann Elementary School PK - 05 470 20.4 46350
Handley Elementary School PK - 05 422 18.4 46350
Indian Trail Elementary School PK - 05 322 18.9 46350
Joy Elementary School PK - 06 509 18.9 46360
Kingsbury Elementary School PK - 05 437 18.2 46350
Knapp Elementary School PK - 06 320 16 46360
Lake Hills Elementary School KG - 06 515 18.4 46360
Liberty Elementary School KG - 04 514 19 46304
Lincoln Elementary School PK - 05 314 19.6 46350
Marsh Elementary School KG - 06 334 16.2 46360
Newton YOST Elementary School KG - 04 377 17.1 46304
Pine Elementary School PK - 06 488 17.4 46360
Prairie View Elementary School KG - 05 314 24.1 46371
Renaissance Academy Charter School KG - 08 236 19.8 46350
Riley Elementary School PK - 05 406 18.4 46350
Rolling Prairie Elementary School PK - 05 467 23.4 46371
Springfield Elementary School KG - 06 414 16.6 46360
Westville Elementary School KG - 06 467 23.4 46391

Middle Schools near Michigan City, IN

School Grades Students P/T Ratio ZIP
Barker Middle School 07 - 08 455 15.7 46360
Chesterton Middle School 07 - 08 990 20.6 46304
Elston Middle School 06 - 08 662 16 46360
Kesling Middle School 06 - 08 756 16.4 46350
Liberty Intermediate School 05 - 06 370 19.5 46304
Martin T Krueger Middle School 07 - 08 440 14.2 46360
Niemann Elementary School KG - 05 287 15.3 46360
Paul F Boston Middle School 06 - 08 669 14.2 46350
Westchester Intermediate School 05 - 06 526 21.9 46304

High Schools near Michigan City, IN

School Grades Students P/T Ratio ZIP
Camp Summit JUV Facility 09 - 12 72 8 46350
Chesterton Senior High School 09 - 12 2,029 19.5 46304
Laporte High School 09 - 12 2,158 19.8 46350
Michigan City High School 09 - 12 1,712 15.9 46360
Westville High School 07 - 12 468 19.9 46391

Demographics near Michigan City, IN

Metric City County
Neighborhood Type Suburban
Population 31,965 112,184
Population Density 1,626 188
Median Age 36.5 40.2
People per Household 2.4 2.4
Median Household Income 47,197 60,226
Average Income per Capita 22,932 29,190