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Three-Unit Residential Income Property

1802 Evans Avenue Valparaiso, IN 46383

For Sale

$589,000

MULTI_FAMILY - Valparaiso, IN

Lot size:

1.30 Acres

For Sale

$589,000

MULTI_FAMILY - Valparaiso, IN

Lot size:

1.30 Acres

Added:: Sep 15, 2025
Days on Market:: 301
Last Refresh:: Jul 12 at 12:06 pm

Property Features for 1802 Evans Avenue

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 8
Bathrooms: 3
Rooms: Bedroom 3, Bedroom 8, Bedroom 5, Bedroom 4, Bathroom 2, Bedroom 7, Bedroom 2, Bedroom 6, Bathroom 3, Bedroom 1, Bathroom 1
Pets allowed: Yes
Interior features: Entrance Foyer
Exterior features: Rain Gutters
Appliances: Gas Range, Refrigerator
Standard status: Active
APN: 641019128008000004
Lot size: 1.30 Acres

Taxes and HOA fees

Tax Year: 2024
Tax Description: W162 E653.19 N350 NW 19-35-5 1.3A
Tax Annual Amount: 10516

Utilities

Sewer type: Public Sewer
Heating system: Baseboard, Natural Gas
Water source: Public

Building Details

Year built: 1946
Floors in Building: 2

Listing agent Sonia Veschak License #RB18000494

Listing office Listing Leaders 410 Lincolnway, Valparaiso, IN

Listing date Sep 15, 2025

MLS# 827778 Listing URL

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 three-unit residential income property offers a total of three units with 8 bedrooms and 3 bathrooms across the building. The offering includes approximately 1.3 acres of land within city limits, providing space beyond the immediate unit footprint. The property is currently registered as a rental with the City of Valparaiso, which may support a smoother transition for an owner-occupant or investor.

The property is located at 1802 Evans Avenue in Valparaiso, Indiana, in the Urban Residential (UR) District. The public remarks indicate proximity to downtown Valparaiso, schools, and local amenities. As noted in the remarks, any additional or alternative residential development would be subject to municipal regulations and buyer verification.

With three separate units, the property can fit a range of residential strategies, including living in one unit while renting the others. Buyers and tenants should coordinate directly regarding the current lease-up status and how the existing rental registration can align with their intended use. Prospective buyers are encouraged to verify zoning-specific requirements for their planned occupancy and any future changes with the appropriate municipal authorities.

Key Highlights

3‑unit property with 8 bedrooms and 3 bathrooms total
On 1.30 acres within city limits
Urban Residential (UR) District zoning supports a range of residential uses

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

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For sale
Triplexes
IN
Valparaiso
46383
1802 Evans Avenue

What type of property is this?

Triplex - Three-unit multifamily property in city limits, suited for owner-occupants or investors seeking residential rental flexibility.

Where is this triplex located?

The property is located at 1802 Evans Avenue Valparaiso, IN.

What is the asking price?

The asking price for this property is $589,000.

What are key features of this property?

This property features: 3‑unit property with 8 bedrooms and 3 bathrooms total; On 1.30 acres within city limits; Urban Residential (UR) District zoning supports a range of residential uses

1802 Evans Avenue Valparaiso, IN 46383

MULTI_FAMILY - Valparaiso, IN

Property Features for 1802 Evans Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

Investment Insights

Key Highlights

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

Retail Building on Two Lots

Industrial Flex Property with Pole Barn

Mixed-Use Downtown Building

Single-Story Medical Office Building

Automotive Property with Included Tools

Versatile Commercial Facility on Highway

Light Industrial Warehouse Suite

Warehouse and Office Building

9-Unit Multifamily Investment

Updated Four-Unit Apartment Building

Turn-Key Office Condominium Suite

Four-Unit Residential Income Property

FAQs