4-Unit Quadplex with Recent
For Sale
Contact for pricing
255 College Avenue, Valparaiso, IN 46383
Fully occupied residential income property with varied unit layouts and rear parking.
Property SizeContact for details
Days on Market152
Property Features for 255 College Avenue
General Information
Standard status
Active
Total Parking Spaces
4
Property subtype
Multifamily
Occupancy
100%
Units
Unit Mix
3 x 1BR/1BA, 1 x efficiency
Multifamily Units
4
Building Details
Year Built
1875
Buildings
1
Listing Agency:
McColly Real Estate
(219) 510-2525
Listed By:
Genise Shumaker
Source:
Crexi
Added: Apr 3
Changed: Aug 31
Last Checked: Aug 31 at 8:30AM
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 McColly Real Estate
Investment Insights
Based on property information with market context.
Located at 255 College Avenue in Valparaiso, this four-unit residential income property was built in 1875 and is fully occupied. The unit mix includes three one-bedroom, one-bath apartments and one efficiency unit, offering a combination of conventional and compact layouts within the building.
Property improvements include a new roof and siding completed in 2024, along with a new water heater installed in 2026. Mechanical systems include a single gas furnace and water heater in the basement. Four parking spaces are located behind the building, with additional street parking available. The property is situated just blocks from VU.
Property improvements include a new roof and siding completed in 2024, along with a new water heater installed in 2026. Mechanical systems include a single gas furnace and water heater in the basement. Four parking spaces are located behind the building, with additional street parking available. The property is situated just blocks from VU.
Key Highlights
- Four‑unit property with full occupancy
- Unit mix includes three 1‑bed/1‑bath units and one efficiency
- New roof and siding completed in 2024
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,749
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
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied residential income property with varied unit layouts and rear parking.
Where is this quadplex located?
The property is located at 255 College Avenue Valparaiso, IN.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Four‑unit property with full occupancy; Unit mix includes three 1‑bed/1‑bath units and one efficiency; New roof and siding completed in 2024
