Quadplex with Ground-Floor
For Sale
$529,000
1115 Franklin Street, Michigan City, IN 46360
MULTI_FAMILY - Michigan City, IN
Property SizeContact for details
Lot Size0.06 Acres
Days on Market147
Property Features for 1115 Franklin Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bathrooms
1
Full bathrooms
1
Rooms
Basement, Bathroom 1
Parking features
On Street
Pets allowed
Call
Basement
Full
Appliances
Gas Range, Refrigerator
Subdivision
Land Companys Add
Lot features
Corner Lot
View
City
Elementary school district
Michigan City
Middle school district
Michigan City
High school district
Michigan City
Directions
North on Franklin from Highway 20
Standard status
Active
APN
460129466015000022
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
42-01-29-466-015 LAND CO 23-1/2 FT S SD LTS 12 & 13 BLK 95 & 23-1/2 FT S SD LT 9 EX 15 FT W SD LT 9 BLK 95
Tax Annual Amount
4618
Legal Description
42-01-29-466-015 LAND CO 23-1/2 FT S SD LTS 12 & 13 BLK 95 & 23-1/2 FT S SD LT 9 EX 15 FT W SD LT 9 BLK 95
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Water source
Public
Building Details
Year built
1900
Floors in Building
2
Listing Agency:
Blackrock Real Estate Services
(219) 262-0086
Listed By:
Kimberly Fowler
(219) 331-5496
Added: Mar 17
Changed: Aug 2
Last Checked: Aug 10 at 3:06AM
MLS# 837999
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.
This mixed-use quadplex includes street-level retail space with two residential apartments above, plus a separate carriage house. The property is fully leased with active leases in place across the units, supporting an income-producing setup. One of the apartments has been completely renovated with modern finishes. Building improvements include a new roof in 2024, along with a furnace and a 200 amp service, plus many other updates throughout.
The property sits on a 0.06-acre lot and was built in 1900. Services include public water and public sewer, and heating is provided via forced air natural gas. Parking is available on-street. The property is located one block from the south shore train station.
Additional in-home features referenced in the property information include a gas range and refrigerator, and the layout includes a basement and a bathroom.
The property sits on a 0.06-acre lot and was built in 1900. Services include public water and public sewer, and heating is provided via forced air natural gas. Parking is available on-street. The property is located one block from the south shore train station.
Additional in-home features referenced in the property information include a gas range and refrigerator, and the layout includes a basement and a bathroom.
Key Highlights
- New roof in 2024
- 200 amp service
- 0.06‑acre lot
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
982
Businesses Nearby
Explore this area
Business Placement
Demographics for 46360, IN
44,209
Population
21,652
Households
2
Avg Household Size
42
Median Age
23%
College-Educated
90%
High-School Grad
76.6 sq mi
ZIP Area
577
Density / Sq Mi
$59,641
Median Household Income
$36,738
Median Earnings
$924
Median Rent
$155,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Mixed-use quadplex with street-level retail, two apartments above, and a separate carriage house with active leases.
Where is this quadplex located?
The property is located at 1115 Franklin Street Michigan City, IN.
What is the asking price?
The asking price for this property is $529,000.
What are key features of this property?
This property features: New roof in 2024; 200 amp service; 0.06‑acre lot
