Duplex

Michigan City, IN Duplexes for Sale

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Trail Creek, IN Long Beach, IN Beverly Shores, IN
Michigan City Multi-Family Property
Updated: May 20
Michigan City Multi-Family Property

115 Greenwood Avenue, Michigan City, IN 46360

$149,999
2,184 sqft · 0.13 AC lot
Two‑unit property in the heart of Michigan City with 4 bedrooms and 3 bathrooms
Approx. 2,184 SF with first floor rented for $500 (no lease) and second floor owner occupied
Full basement and porch with private yard and white vinyl privacy fence
Central heating with two 5‑year‑old energy‑efficiency furnaces and two 5‑year‑old central air units
Roof is about 5 years old with architectural shingles; laminate counters and gas range
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Michigan City Duplex with Updates
Updated: May 21
Michigan City Duplex with Updates

115 Greenwood Avenue, Michigan City, IN 46360

$149,999
2,184 sqft
Two separate units offer income potential or multi‑generational living.
Four bedrooms and three bathrooms provide ample living space.
Newer roof (5 years old) with architectural shingles.
Two newer, energy‑efficient furnaces (5 years old) and two central air units.
Full basement offers additional storage or potential living space.
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Michigan City, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Valparaiso Duplex: Investment Opportunity
Valparaiso Duplex: Investment Opportunity

507 Franklin Street, Valparaiso, IN 46383

$368,000
0.21 AC lot

Duplex in downtown Valparaiso with income potential and new roof.

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Updated Duplex in Gary, Indiana
Updated Duplex in Gary, Indiana

2023 Vermont Street, Gary, IN 46407

$179,900
0.21 AC lot

Income-producing duplex with Airbnb setup, ideal for first-time investors.

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Two-Story Mixed-Use Building
Two-Story Mixed-Use Building

704 Lincolnway, Valparaiso, IN 46383

$410,000
0.16 AC lot

Two-story building with private rear parking, on-street parking, and an oversized two-car garage under R/T zoning flexibility.

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Two-Unit Duplex Investment
Two-Unit Duplex Investment

1937 Martin Luther King Drive, Gary, IN 46407

Contact for pricing
0.10 AC lot

Two-unit residential income property sold as-is with cash offers only.

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Michigan City, IN Duplexes Market Trends and Statistics

Explore 2 duplexes for sale in Michigan City, IN on our real estate platform. These investment opportunities span a total of 4,368 square feet of properties for sale, with an estimated market value of $299,998.

Sale prices for duplexes in Michigan City, IN start at $149,999, averaging $149,999, and reaching up to $149,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 4
Duplexes 2
Quadplexes 2
Short term rental properties 1
Triplexes 1

Demographics Overview

Population 44K
Population Growth (5Y) +0.7%
Median Household Income $59,641
College Educated 15.5%

High-Yield Neighborhoods for Investment

Identify Michigan City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
46360 $150K

Taxes & Financing

Tax Rate (average for all types) 2.64%
Property Tax per SF $45.66 per SF
Tax Rate vs County Average 0.23 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in LaPorte County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in LaPorte County

Office

Property Size Breakdown

The majority of commercial real estate listings in Michigan City fall within the 10,000 to 25,000 square foot range.

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