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Three-Unit Residential Property
For Sale
$579,000

1802 Evans Avenue, Valparaiso, IN 46383

Residential Income, Valparaiso, IN

Property SizeContact for details
Lot Size1.30 Acres
Days on Market347

Property Features for 1802 Evans Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 8
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 6, Bedroom 7, Bedroom 3, Bedroom 4, Bathroom 3, Bedroom 5, Bedroom 8
Pets allowed Yes
Interior features Entrance Foyer
Exterior features Rain Gutters
Appliances Gas Range, Refrigerator
Lot features Few Trees, Paved, Front Yard
View City
High school Valparaiso High School
Elementary school district Valparaiso
Middle school district Valparaiso
High school district Valparaiso
Directions From 410 Lincolnway, head east on Lincolnway, then head north on Sturdy Road, then head west on Evans Avenue, property is location on the southside of Evans Avenue, just past Hampton Ct.
Standard status Active
APN 641019128008000004
Lot size 1.30 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description W162 E653.19 N350 NW 19-35-5 1.3A
Tax Annual Amount 10516
Legal Description W162 E653.19 N350 NW 19-35-5 1.3A

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Baseboard
Water source Public

Building Details

Year built 1946
Floors in Building 2
Listing Agency: Listing Leaders
Listed By: Sonia Veschak · License #RB18000494
Added: Sep 15, 2025 Changed: Aug 26 Last Checked: Aug 27 at 1:06PM
MLS# 827778

Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 1802 Evans Avenue, this 1946 residential property contains three units with a combined eight bedrooms and three bathrooms on 1.30 acres. The layout provides separate residential accommodations within a single multifamily asset, while the property’s current rental registration with the City of Valparaiso adds an established administrative detail for continued rental use.

The property is within city limits and positioned near downtown Valparaiso, schools, and local amenities. It is served by public water and public sewer, with natural-gas baseboard heating. The site is located in the Urban Residential (UR) District. Interior and exterior features include an entrance foyer, rain gutters, a gas range, and a refrigerator.

Key Highlights

  • Three‑unit property with 8 bedrooms and 3 bathrooms
  • 1.30 acres within Valparaiso city limits
  • Registered as a rental with the City of Valparaiso

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Big Box & Wholesale Store Electrical Service Daycare Center Grocery & Convenience Store Barber Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

563
Businesses Nearby

Demographics for 46383, IN

41,981
Population
18,343
Households
2.3
Avg Household Size
39
Median Age
38%
College-Educated
95%
High-School Grad
87.5 sq mi
ZIP Area
480
Density / Sq Mi
$75,575
Median Household Income
$43,065
Median Earnings
$1,144
Median Rent
$258,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Rental-registered property with broad residential zoning and convenient access to downtown Valparaiso, schools, and local amenities.
Where is this triplex located?
The property is located at 1802 Evans Avenue Valparaiso, IN.
What is the asking price?
The asking price for this property is $579,000.
What are key features of this property?
This property features: Three‑unit property with 8 bedrooms and 3 bathrooms; 1.30 acres within Valparaiso city limits; Registered as a rental with the City of Valparaiso
More about this property
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