Listing Agency: Ellsbury Group

Listed By: Andy Page · License #475204625

Source: Crexi

Added: Apr 13 Changed: Aug 31 Last Checked: Aug 31 at 3:18AM

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Investment Insights

Based on property information with market context.

This quadplex at 559 Locust St comprises four residential units within a single multifamily property. The configuration supports operation as a four-unit rental asset in Valparaiso, Indiana.

The property is positioned in Valparaiso’s rental market, with the address providing a specific location for evaluating the asset and its surrounding context.

Key Highlights

• Four residential units
• Quadplex configuration
• Located in Valparaiso, Indiana

Property Analytics

Property Profile

Current Use

Quadplexes

Suggested Use

Top Pick Garden Center Storage Facility (Bike/Boat/Book/etc) Store Catering Service Florist Tanning Salon

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

Location Intelligence

Trade Area within ½ mile

1,662

Businesses Nearby

Explore this area Business Placement

Demographics for 46383, IN

41,981

Population

18,343

Households

2.3

Avg Household Size

39

Median Age

38%

College-Educated

95%

High-School Grad

87.5 sq mi

ZIP Area

480

Density / Sq Mi

$75,575

Median Household Income

$43,065

Median Earnings

$1,144

Median Rent

$258,400

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Quadplex - Four residential units provide a compact multifamily configuration for rental operations in Valparaiso.

Where is this quadplex located?

The property is located at 559 Locust St Valparaiso, IN.

What are key features of this property?

This property features: Four residential units; Quadplex configuration; Located in Valparaiso, Indiana