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4-Unit Townhome Quadplex
For Sale
$575,000
Pending

1291-1297 Lake Charles Ave, Porter, IN 46304

Individually metered residences feature private decks and in-unit laundry hookups.

Property SizeContact for details
Days on Market35

Property Features for 1291-1297 Lake Charles Ave

General Information

Standard status Pending
Property subtype Multi-Family

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 4 x 2BR/1.5BA
Multifamily Units 4

Amenities

private rear decks
in-unit washer/dryer hookups

Building Details

Year Built 1993
Listing Agency: Ellsbury Group
Listed By: Tariq Suboh · License #RB20000815
Source: Jason.northwestindianahomelistings
Added: Jul 7 Changed: Aug 8 Last Checked: Aug 9 at 8:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ellsbury Group

Investment Insights

Based on property information with market context.

This four-residence townhome community includes approximately 1,330 SF per unit, with 2 bedrooms, 1.5 bathrooms, vaulted ceilings, and open living areas. Granite countertops, stainless steel appliances, private rear decks, and washer/dryer hookups are provided in each residence. The property was built in 1993 and has received several capital improvements, including a replacement roof, updated HVAC systems and water heaters, and resurfaced parking areas.

Located at 1291-1297 Lake Charles Ave in Porter, Indiana, the property is near Indiana Dunes National Park, I-94, and the South Shore commuter rail. Each unit has separate utility metering, with tenants responsible for electric, gas, water/sewer, and trash service.

Key Highlights

  • Four‑unit townhome community with approximately 1,330 SF per residence
  • Each unit includes 2 bedrooms and 1.5 bathrooms
  • Built in 1993 with a replacement roof, updated HVAC and water heaters

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Plumbing Service Big Box & Wholesale Store Storage Facility

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

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

89
Businesses Nearby

Demographics for 46304, IN

26,835
Population
11,521
Households
2.3
Avg Household Size
41
Median Age
35%
College-Educated
96%
High-School Grad
57.8 sq mi
ZIP Area
464
Density / Sq Mi
$88,551
Median Household Income
$52,704
Median Earnings
$1,169
Median Rent
$278,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Quadplex - Individually metered residences feature private decks and in-unit laundry hookups.
Where is this quadplex located?
The property is located at 1291-1297 Lake Charles Ave Porter, IN.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Four‑unit townhome community with approximately 1,330 SF per residence; Each unit includes 2 bedrooms and 1.5 bathrooms; Built in 1993 with a replacement roof, updated HVAC and water heaters
More about this property
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