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Two-Unit Duplex with Renovation Potential

1722 Tennessee St, Michigan City, IN 46360

For Sale
$110,000

One residence is occupied, while the second unit awaits interior reconstruction.

Property SizeContact for details
Days on Market29

Property Features for 1722 Tennessee St

General Information

Standard status Active
Property subtype Multi-Family

Property Condition

Severity Major Repairs Needed
Evidence gutted to the studs

Additional Details

Multifamily Units 2

Building Details

Year Built 1900
Listing Agency: Merrion Gro
Listed By: Weichert Realtors
Source: Thelyonsgroup
Added: Oct 12 Changed: Nov 8 Last Checked: Nov 8 at 6:04AM

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

Rey
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Investment Insights

Based on property information with market context.

This duplex contains two residential units. The main-floor apartment has two bedrooms and one bathroom and is occupied by the owner. The upper-floor unit has been stripped back to its structural framing, leaving interior renovation to be completed. The property dates to 1900 and is offered in its existing condition.

Key Highlights

  • Two residential units
  • Main‑floor apartment has 2 bedrooms and 1 bathroom; currently owner occupied
  • Upper‑floor unit has been gutted to the studs and requires renovation

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

658
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - One residence is occupied, while the second unit awaits interior reconstruction.
Where is this duplex located?
The property is located at 1722 Tennessee St Michigan City, IN.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: Two residential units; Main‑floor apartment has 2 bedrooms and 1 bathroom; currently owner occupied; Upper‑floor unit has been gutted to the studs and requires renovation
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