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Updated 4-Unit Apartment Building

606 Monroe Street Valparaiso, IN 46383

606 Monroe Street, Valparaiso, IN, 46383
$789,900
For Sale
$789,900

MULTI_FAMILY - Valparaiso, IN

Lot Size0.22 Acres
Days on Market72

Property Features for 606 Monroe Street

General Information

Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
8
Bathrooms
4
Rooms
Bathroom 3, Bedroom 6, Bedroom 2, Bathroom 1, Bedroom 5, Bedroom 1, Bathroom 2, Bathroom 4, Bedroom 3, Bedroom 7, Bedroom 4, Bedroom 8
Parking
6
Parking features
Off Street, On Street
Window features
Aluminum Frames
Patio and Porch features
Patio, Porch
Interior features
Ceiling Fan(s), Stone Counters
Exterior features
Balcony, Storage, Rain Gutters, Private Yard, Lighting
Appliances
Dryer, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Gas Range, Dishwasher
Standard status
Active
APN
640924457004000004
Lot size
0.22 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
WOODHULL'S ADD W 72 LOT 5&6 BLK 21
Tax Annual Amount
7307

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Water source
Public

Building Details

Year built
1982
Floors in Building
2
Additional Structures
Storage
Listing agency Seramur Properties, LLC
Listed by Dennis Seramur · License #RB14028997
Added: May 12 Updated: Jul 18 at 1:42AM Checked: Jul 22 at 8:06PM
MLS# 838706

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.

Updated 4-unit apartment building in Valparaiso, Indiana, offered for sale with all units currently rented. Each unit has been updated, following a complete remodel completed in 2021.

Improvements completed in 2021 include a new roof, new windows, new flooring, and new HVAC systems with new air conditioning units and furnaces. The remodel also included new appliances, countertops, tubs, vanities, siding with stone, and stackable washer and dryer units, along with new dishwashers. Additional site work included new concrete and sidewalks, and new asphalt parking.

The building is located near Valparaiso University, supporting a straightforward, rent-ready configuration for a residential income investor.

Key Highlights

  • Valparaiso 4‑unit apartment building near Valparaiso University—fully rented.
  • Complete remodel in 2021 (~$350k) including new roof, windows, flooring, siding, and updated building systems.
  • New ACs and furnaces installed as part of the 2021 remodel.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Dental Office Locksmith Grocery & Convenience Store Catering Service Florist Electrical Service Veterinary Clinic (Bike/Boat/Book/etc) Store Tanning Salon (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Quadplex - Fully rented 4-unit apartment building with unit updates and extensive 2021 exterior and interior improvements.
Where is this quadplex located?
The property is located at 606 Monroe Street Valparaiso, IN.
What is the asking price?
The asking price for this property is $789,900.
What are key features of this property?
This property features: Valparaiso 4‑unit apartment building near Valparaiso University—fully rented.; Complete remodel in 2021 (~$350k) including new roof, windows, flooring, siding, and updated building systems.; New ACs and furnaces installed as part of the 2021 remodel.
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