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    Four-Unit Residential Income Property Title is generated by Realmo AI

    509 Union Street, Valparaiso, IN 46383

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    Claim this Listing
    For Sale
    $405,000

    MULTI_FAMILY - Valparaiso, IN

    Lot size:
    0.18 Acres
    Added:
    Jun 15, 2026
    Days on Market:
    13
    Last Refresh:
    Jun 27 at 1:06 pm

    Property Features for 509 Union Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    5
    Bathrooms
    4
    Rooms
    Bedroom 1, Bedroom 3, Bedroom 5, Bathroom 1, Bathroom 3, Bathroom 2, Bedroom 2, Bathroom 4, Bedroom 4
    Parking features
    On Street, Off Street
    Pets allowed
    Yes
    Basement
    Unfinished
    Appliances
    Gas Range, Refrigerator
    Standard status
    Active
    APN
    640924460007000004
    Lot size
    0.18 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    JOHNSONS SUB OF BLK 18 OF WOODHULLS ADD LOTS 4 & 5
    Tax Annual Amount
    6558

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating)
    Water source
    Public

    Building Details

    Year built
    1880
    Floors in Building
    2

    We can help!

    Contact an agent
    Madison Jirtle

    Listing agent Madison Jirtle

    Listing office Evolution Real Estate Solution 401 Lincolnway, Valparaiso, IN

    Listing date Jun 15, 2026

    MLS# 840682 Listing URL

    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.

    HighLights

    • Four‑unit residential income property with four separate units
    • Year built 1880
    • Public water and public sewer
    • Appliances include gas range and refrigerator
    • Off‑street and on‑street parking
    • Heating: hot water (heating)

    Overview

    This four-unit residential income property consists of four separate units with a mix of layouts, designed to support varied tenant needs. The asset is positioned on a 0.18-acre lot and is offered for sale. It is being marketed as a residential income opportunity with the practical benefit of multiple independent units under one ownership structure.

    The property is located at 509 Union Street in Valparaiso, Indiana, in the downtown area. As described, the setting provides convenience to everyday destinations within the community.

    For investors, this configuration can be appealing because it provides multiple rental units rather than a single revenue stream. For owner-occupants, the four-unit setup may offer a way to offset household expenses through on-site rental potential. The mix of unit layouts is also a relevant consideration for tenants, as it can broaden the range of household types the property may be able to accommodate. Buyers seeking a straightforward four-unit residential asset in downtown Valparaiso will want to review the unit mix and each unit’s condition during their due diligence.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Valparaiso
    County
    Porter
    State
    Indiana
    Longitude
    -87.054324
    Latitude
    41.463816

    FAQs

    What type of property is this?
    Quadplex - Four separate residential units offer a clear path to rental income in a small-footprint property.
    Where is this quadplex located?
    The property is located at 509 Union Street Valparaiso, IN.
    What is the asking price?
    The asking price for this property is $405,000.
    What are key features of this property?
    This property features: Four‑unit residential income property with four separate units; Year built 1880; Public water and public sewer
    More about this property
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