Michigan City IN Multi Family for Sale
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.06 Acres
- Year built:
- 1895
- Baths:
- 2.00
- MLS#:
- 810724
ADDITIONAL INFORMATION
This multi-unit property offers a fantastic investment opportunity! While it may need some TLC, the potential here is limitless. Located in Michigan City, just minutes away from local amenities, parks, and Lake Michigan's stunning beaches. Features include; 2 units. 2 bed/1 bath each. Refrigerator and stove each, fireplace in lower unit, fenced in yard, gas washer/dryer hookup, and space to potentially build a 2 car garage. With some renovation, you can transform this property! Sold "As Is".
- 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:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Year built:
- 1905
- Baths:
- 2.00
- MLS#:
- 808145
- Subdivision:
- Cheneys
ADDITIONAL INFORMATION
This two story home with charming curb appeal and a fenced in back yard is a great opportunity for a investment. Both units have 2 beds 1 bath. Upper unit will need some TLC.
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Year built:
- 1880
- Baths:
- 3.00
- MLS#:
- 807936
- Subdivision:
- Michigan City
ADDITIONAL INFORMATION
Amazing opportunity to own a mixed-use building. This is a two unit- residential apartment building with a storefront Total 3 units. This building has so much potential! Open up a business and owner occupy one of the apartments or for cashflow and investment! The units have been updated and feature newer bathrooms, new appliances and in-unit washer /dryer for apartments. . Newly installed furnaces and central ac for all 3 units. The first floor - 2 bedrms 1 bthrm . 2nd flr -2 bedrm 2 bthrms . attached store facing Franklin. Well kept and ready for new tenants. Walking distance to the $80 million 12 story mixed use development that will include the new South Shore Train Station, approximately 200 luxury apartments, roof top garden, retail and restaurant space, and multiple parking structures. New double track train line gets you to Chicago in 60 minutes. This is a great (growing) location!! Minutes from the lake front, light house outlet malls and the uptown arts district. A Must See!!
- 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.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 2
- Year built:
- 1905
- Baths:
- 2.00
- MLS#:
- 540868
- Subdivision:
- Sanborns Add 04
ADDITIONAL INFORMATION
Use your imagination with this PRIME Downtown Michigan City location. On the corner of Franklin and Superior this property will catch a lot of eyes. The Large window displays have a ton of potential to showcase your business (e.g. retail, office, restaurant, etc), with the many passerby's on Franklin. The main floor has large rooms, plumbing for a kitchen and a bathroom. The upper level is currently a successful Short Term Rental around 30K in revenue for 2022!!! It has a large floor plan with updated kitchen, cathedral ceilings. A nice upper deck, shed and back yard beautifully decorated backyard. You can continue to use it as a Short Term Rental, use it for Yourself or get a long term tenant.
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 $99,200. This is lower than the county median home value of $145,900. The national median home value is $219,700. The average price of homes sold in Michigan City, IN is $99,200. Approximately 46.25% of Michigan City homes are owned, compared to 39.36% rented, while 14.39% 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 46360 has a population of 31,352. Michigan City 46360 is less family-centric than the surrounding county with 22.96% of the households containing married families with children. The county average for households married with children is 26.06%.
The median household income in Michigan City, Indiana 46360 is $38,631. The median household income for the surrounding county is $49,921 compared to the national median of $57,652. The median age of people living in Michigan City 46360 is 37.1 years.
Michigan City Weather
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 17.8 degrees. The average rainfall is approximately 39.9 inches per year, with 61.5 inches of snow per year.