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Remodeled Two-Unit Duplex
New
For Sale
$206,500

424 E 10th St, Michigan City, IN 46360

Separate gas and electric meters support independent utility billing for each residence.

Property SizeContact for details
Days on Market4

Property Features for 424 E 10th St

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Public Transit Yes
Multifamily Units 2

Building Details

Year Built 1890
Listing Agency: Merrion Gro
Listed By: Weichert Realtors
Source: Thelyonsgroup
Added: Aug 26 Changed: Aug 28 Last Checked: Aug 29 at 9:08AM

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 Merrion Gro

Investment Insights

Based on property information with market context.

This two-unit duplex at 424 E 10th St includes separate gas and electric meters. The roof and decking were remodeled in October 2022, and the upstairs apartment has been recently remodeled. A management company is interviewing prospective tenants for the upper unit, while the first-floor lease extends through 2/28/2027.

The property is in Elston Grove, with downtown Michigan City nearby for restaurants, the South Shore commuter train station, and downtown activities. Lake Michigan beaches are also a short distance away.

Key Highlights

  • Two‑unit duplex in Elston Grove
  • Roof and decking remodeled in October 2022
  • Separate gas and electric meters

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Auto Parts Store Catering Service Plumbing Service Acupuncture

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,036
Businesses Nearby

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

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

What type of property is this?
Duplex - Separate gas and electric meters support independent utility billing for each residence.
Where is this duplex located?
The property is located at 424 E 10th St Michigan City, IN.
What is the asking price?
The asking price for this property is $206,500.
What are key features of this property?
This property features: Two‑unit duplex in Elston Grove; Roof and decking remodeled in October 2022; Separate gas and electric meters
More about this property
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