Historic Brick Quadplex with
New
For Sale
$479,900
306 Jefferson Street, Valparaiso, IN 46383
Residential Income, Valparaiso, IN
Property SizeContact for details
Lot Size0.25 Acres
Days on Market3
Property Features for 306 Jefferson Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
5
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 3, Basement, Bedroom 1, Bathroom 1, Bedroom 5, Bedroom 2
Parking features
On Street
Basement
Full
Appliances
Dryer, Washer, Refrigerator, Gas Range, Dishwasher
Subdivision
Valparaiso
Lot features
Front Yard
Directions
Lincolnway to lighted intersection of N Morgan. Go North on Morgan 1 block to Jefferson and turn right (E). Property is on right (S) side before you reach Valparaiso Street.
Standard status
Active
APN
640924341003000004
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
OS LOT 2 OUTLOT 3
Tax Annual Amount
6837
Legal Description
OS LOT 2 OUTLOT 3
Utilities
Sewer type
Public Sewer
Heating system
Baseboard
Water source
Public
Building Details
Year built
1879
Floors in Building
2
Listing Agency:
Realty Executives Premier · Realty Executives International
(219) 462-2224
Listed By:
Jodi Gheaja
(219) 771-5634
Added: Aug 20
Changed: Aug 21
Last Checked: Aug 22 at 7:06PM
MLS# 844115
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.
Built in 1879, this two-story brick residential property contains four apartments: three one-bedroom units and one two-bedroom unit. Each apartment has a private entrance, while the building also includes a front porch and rear concrete patio. The largest residence connects directly to the garage area.
A separate seven-unit block garage adds rental capacity beyond the apartments. The garage has a flat roof and alley access. All four residential units are leased, and the property is served by public water and public sewer. Located at 306 Jefferson Street in Valparaiso, the 0.25-acre property sits near Lincolnway, downtown shopping and dining, and the Linc district.
A separate seven-unit block garage adds rental capacity beyond the apartments. The garage has a flat roof and alley access. All four residential units are leased, and the property is served by public water and public sewer. Located at 306 Jefferson Street in Valparaiso, the 0.25-acre property sits near Lincolnway, downtown shopping and dining, and the Linc district.
Key Highlights
- Four residential units: three 1‑bedroom apartments and one 2‑bedroom apartment
- All four residential units are currently leased
- Detached 7‑unit block garage with alley access and flat roof
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,802
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four leased apartments and a detached seven-unit garage provide established residential and supplemental rental income.
Where is this quadplex located?
The property is located at 306 Jefferson Street Valparaiso, IN.
What is the asking price?
The asking price for this property is $479,900.
What are key features of this property?
This property features: Four residential units: three 1‑bedroom apartments and one 2‑bedroom apartment; All four residential units are currently leased; Detached 7‑unit block garage with alley access and flat roof
