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Three-Unit Triplex Property
For Sale
$175,000

307 State Street, La Porte, IN 46350

Two units are currently rented, while the remaining residence is available for occupancy or renovation.

Property Size2,519 SF
Price / SF$69.47
Days on Market211

Property Features for 307 State Street

General Information

Standard status Active
Size 2,519 SF
Property subtype Multi Family / Triplex

Taxes and HOA fees

Annual Taxes $6,200

Amenities

2
Yes
Carpet
3
Forced Air
1
Unfinished
6
No
Vinyl
Water Heater Gas

Building Details

Year Built 1920
Units 3
Listing Agency: SUNRISE Realty
Listed By: Michelle Bordeau · License #RB20001750
Source: Compass
Added: Jan 31 Changed: Aug 30 Last Checked: Aug 30 at 5:39AM

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 SUNRISE Realty

Investment Insights

Based on property information with market context.

This 2,519-square-foot triplex, built in 1920, contains three residential units. Two are currently rented, and the third is vacant, creating a clear path for leasing or renovation. The property has a vinyl exterior, gas water heating, and forced-air heating.

The building is positioned near downtown La Porte, shopping, schools, and major commuter routes. Its three-unit configuration provides an established residential income structure with one unit available for the next leasing or improvement plan.

Key Highlights

  • Three residential units within a 2,519‑square‑foot triplex
  • Two units are currently rented and generating rental income
  • One vacant unit available for leasing or renovation

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Bakery (Bike/Boat/Book/etc) Store Acupuncture Skin Care Clinic Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,024
Businesses Nearby

Demographics for 46350, IN

44,522
Population
19,576
Households
2.3
Avg Household Size
42
Median Age
24%
College-Educated
92%
High-School Grad
193.5 sq mi
ZIP Area
230
Density / Sq Mi
$75,311
Median Household Income
$44,309
Median Earnings
$920
Median Rent
$199,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Two units are currently rented, while the remaining residence is available for occupancy or renovation.
Where is this triplex located?
The property is located at 307 State Street La Porte, IN.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Three residential units within a 2,519‑square‑foot triplex; Two units are currently rented and generating rental income; One vacant unit available for leasing or renovation
More about this property
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