Duplex

Valparaiso, IN Duplexes for Sale

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Valparaiso Duplex: Investment Opportunity
Updated: May 26
Valparaiso Duplex: Investment Opportunity

507 Franklin Street, Valparaiso, IN 46383

$368,000
0.21 AC lot
Duplex in downtown Valparaiso with walking distance to the library, restaurants, and grocery stores
Each unit offers 2 bedrooms, 1 full bath, and in‑unit laundry
Detached 2‑car garage provides parking and extra storage
Brand new roof installed
Utilities: public water and public sewer; heated with forced air natural gas
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Two-Story Mixed-Use Building
Updated: Apr 7, 2025
Two-Story Mixed-Use Building

704 Lincolnway, Valparaiso, IN 46383

$410,000
0.16 AC lot
1890‑built 2‑story property close to Valparaiso University and downtown Valparaiso
R/T zoning allows numerous commercial and professional uses, and also residential or mixed use
Previously used as a 2‑unit rental with a 2‑bedroom unit on each floor
Parking includes a private rear parking area and an oversized 2‑car garage, plus on‑street parking
Interior features include entrance foyer, walk‑in closets, kitchen island, and granite counters
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Valparaiso, 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.

Michigan City Multi-Family Property
Michigan City Multi-Family Property

115 Greenwood Avenue, Michigan City, IN 46360

$149,999
2,184 sqft · 0.13 AC lot

Two-unit property with four bedrooms and three baths.

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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-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 Duplex with Updates
Michigan City Duplex with Updates

115 Greenwood Avenue, Michigan City, IN 46360

$149,999
2,184 sqft

Two-unit property featuring recent updates and a full basement.

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Valparaiso, IN Duplexes Market Trends and Statistics

Explore 2 duplexes for sale in Valparaiso, IN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $778,000.

Sale prices for duplexes in Valparaiso, IN start at $368,000, averaging $389,000, and reaching up to $410,000 — 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

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

Demographics Overview

Population 84K
Population Growth (5Y) +3.5%
Median Household Income $86,253
College Educated 33.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
46383 $389K

Taxes & Financing

Tax Rate (average for all types) 1.98%
Property Tax per SF $39.77 per SF
Tax Rate vs County Average 0.20 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Porter County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Valparaiso fall within the 2,500 to 5,000 square foot range.

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