509 Union Street, Valparaiso, IN 46383

Building Details

Year Built

1880

Listing office Evolution Real Estate Solutions

Listing date Jun 16, 2026

Source Crexi

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Overview

This four-unit residential income property offers four separate units with a mix of layouts. The building configuration supports straightforward rental use, with each unit functioning as an individual residence.

The property is located at 509 Union Street in Valparaiso, close to downtown conveniences including dining, shopping, and parks. Access to these everyday amenities can be a practical advantage for renters looking for a walkable, local lifestyle.

For buyers, this asset can fit a range of residential income strategies, including hands-on ownership where you live and rent the remaining units. For tenants, the presence of multiple separate units with different layouts may provide flexibility in housing options within the same building. As a for-sale property, it’s positioned for those seeking a small multi-unit portfolio or an owner-occupied setup supported by consistent rental functionality across four units.

Suggested Use

Real Estate Agency Restaurant Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Valparaiso

County

Porter

State

Indiana

Longitude

-87.0543306

Latitude

41.4638256

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FAQs

What type of property is this?

Quadplex - Four separate rental units with mixed layouts in downtown Valparaiso.

Where is this quadplex located?

The property is located at 509 Union Street Valparaiso, IN.

What is the asking price?

The asking price for this property is $405,000.

What are key features of this property?

This property features: Four‑unit residential income property with four separate rental units; Mixed unit layouts for a broader range of tenant options; Built in 1880