Four-Unit Residential Income
For Sale
Contact for pricing
322 E 8th Street, Michigan City, IN 46360
Four rental units offer a mix of efficiencies and bedrooms for an investor or owner-operator.
Property SizeContact for details
Days on Market59
Property Features for 322 E 8th Street
General Information
Standard status
Active
Property subtype
Multifamily
Building Details
Year Built
1890
Listing Agency:
ChooseChad Team, Coldwell Banker Realty New Buffalo
Listed By:
Chad Gradowski · License #MI 6506040711
Source:
Crexi
Added: Jun 8
Changed: Jul 10
Last Checked: Aug 3 at 3:13PM
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 ChooseChad Team, Coldwell Banker Realty New Buffalo
Investment Insights
Based on property information with market context.
This four-unit residential income property includes one efficiency unit, two 1-bedroom units, and one 2-bedroom unit. The building is positioned for income generation and is described as ready for a new owner to make it their own.
The property is located near downtown Michigan City and is described as minutes from Washington Park and the beach. It is also noted as being near the city’s new South Shore station.
For buyers seeking a small, multi-unit portfolio asset, the unit mix provides flexibility across tenant household types, ranging from efficiency through 2-bedroom layouts. The property’s straightforward configuration makes it a practical option for investors and owner-operators looking to manage multiple rentals within a single building.
The property is located near downtown Michigan City and is described as minutes from Washington Park and the beach. It is also noted as being near the city’s new South Shore station.
For buyers seeking a small, multi-unit portfolio asset, the unit mix provides flexibility across tenant household types, ranging from efficiency through 2-bedroom layouts. The property’s straightforward configuration makes it a practical option for investors and owner-operators looking to manage multiple rentals within a single building.
Key Highlights
- Year built 1890 rental property with four total units
- Unit mix: one efficiency unit, two 1‑bedroom units, and one 2‑bedroom unit
- Income‑earning rentals near downtown Michigan City’s new South Shore station
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
877
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four rental units offer a mix of efficiencies and bedrooms for an investor or owner-operator.
Where is this quadplex located?
The property is located at 322 E 8th Street Michigan City, IN.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Year built 1890 rental property with four total units; Unit mix: one efficiency unit, two 1‑bedroom units, and one 2‑bedroom unit; Income‑earning rentals near downtown Michigan City’s new South Shore station
