Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    401 E Garfield St Michigan City, IN 46360

    For Sale
    $300,000

    Quadruplex - Michigan City, IN

    Type:Quadruplex
    Lot size:
    0.28 Acres
    Days on Market:
    33
    Last Refresh:
    Dec 7 at 11:06 pm

    Property Features for 401 E Garfield St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Quadruplex
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    4
    APN
    46013330008000022
    Parking features
    Off Street
    Pets allowed
    Yes
    Basement Y/N
    1
    Appliances
    Range, Range - Gas, Refrigerator
    Lot size
    0.28 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1906
    Floors in Building
    2
    Architectural style
    Other

    Listing Leaders (219) 299-7117 [email protected]

    Listing agent Karen Miller (219) 462-5478 License #RB14051002

    Listing date Nov 5, 2025

    MLS# 829712 Listing URL

    Copyright © 2025 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.

    Overview

    Updated Quadruplex in Michigan City

    This is an investment property located in Michigan City, Indiana. The property is a quadruplex, featuring four apartments. Three of the four apartments, each containing one bedroom and one bathroom, have been updated. All units are currently occupied by tenants who are on leases and are prepared to renew for the upcoming year. Rents are scheduled to increase in the spring due to the installation of central air conditioning. Each unit has been equipped with its own thermostat, allowing individual control over heating. The building has undergone a number of upgrades. The lot size is 0.2837 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Michigan City
    County
    LaPorte
    State
    Indiana
    Longitude
    -86.889039
    Latitude
    41.701407

    Nearby Similar for Sale

    • $1,650,000
      21,057 SF

      Downtown Arts District Mixed-Use Building

      Ten-unit mixed-use building in the heart of the Arts District.
      521 Franklin St, Michigan City, IN 46360
      View Details
    • $620,000
      2,881 SF

      Restaurant Space in Downtown Michigan

      Adaptable commercial space in the heart of Michigan City.
      600 Wabash St, Michigan City, IN 46360
      View Details
    • $224,900
      0.13 Acres

      Renovated Duplex in Michigan City

      Fully renovated duplex with modern updates and excellent rental potential.
      208 E Barker Ave, Michigan City, IN 46360
      View Details
    • $250,000
      Pending

      Turnkey Bar/Restaurant with Apartment

      Turnkey bar/restaurant with well-maintained apartment and high traffic location.
      517 E Barker Ave, Michigan City, IN 46360
      View Details
    • $250,000
      Pending

      Turnkey Bar, Restaurant, and Apartment

      Turnkey bar/restaurant with apartment in a high-traffic area.
      517 E Barker Ave, Michigan City, IN 46360
      View Details
    • New
      $95,000
      2,900 SF

      Michigan City Mixed-Use Property

      Three-story, gutted property with development potential near upcoming train station.
      1214 E Michigan Blvd, Michigan City, IN 46360
      View Details

    FAQs

    What type of property is this?
    Quadplex - Investment property with updated units and tenant leases in place.
    Where is this quadplex located?
    The property is located at 401 E Garfield St Michigan City, IN.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: - Great investment property with tenants ready to renew leases.; - 3 of 4 apartments updated.; - Rents will increase in the spring due to new central air installation.
    (219) 462-5478
    Request Owner's contact information
    401 E Garfield St Michigan City, IN 46360
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    401 E Garfield St
    Michigan City, IN 46360
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    401 E Garfield St Michigan City, IN 46360
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.