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Remodeled Quadplex
For Sale
$784,900
Pending

606 Monroe Street, Valparaiso, IN 46383

MULTI_FAMILY - Valparaiso, IN

Property SizeContact for details
Lot Size0.22 Acres
Days on Market93

Property Features for 606 Monroe Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 7, Bathroom 1, Bathroom 4, Bedroom 8, Bathroom 3, Bedroom 6, Bathroom 2, Bedroom 2, Bedroom 1
Parking 6
Parking features Off Street, On Street
Window features Aluminum Frames
Patio and Porch features Porch, Patio
Interior features Ceiling Fan(s), Stone Counters
Exterior features Balcony, Storage, Rain Gutters, Private Yard, Lighting
Appliances Dryer, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Gas Range, Dishwasher
Subdivision Woodhulls Add
Lot features Back Yard, Rectangular Lot, Private, Front Yard
Directions From Lincolnway, turn S onto Garfield Ave, then W onto Monroe St.
Standard status Pending
APN 640924457004000004
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description WOODHULL'S ADD W 72 LOT 5&6 BLK 21
Tax Annual Amount 7307
Legal Description WOODHULL'S ADD W 72 LOT 5&6 BLK 21

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Water source Public

Building Details

Year built 1982
Floors in Building 2
Additional Structures Storage
Listing Agency: Seramur Properties, LLC
Listed By: Dennis Seramur · License #RB14028997
Added: May 12 Changed: Aug 2 Last Checked: Aug 12 at 12:06PM
MLS# 838706

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.

This four-unit quadplex at 606 Monroe Street in Valparaiso is fully rented, with each unit updated. The building was built in 1982 and underwent a complete remodel in 2021, including new roof, new windows, new flooring, and new ACs and furnaces. Updates also include new appliances and finishes such as new countertops, tubs, and vanities.

Exterior improvements completed in 2021 include new siding and stone, new concrete and sidewalks, and new asphalt parking. The property also features balconies, storage, rain gutters, private yard areas, and exterior lighting.

Each unit includes in-home amenities and practical utilities, with forced-air natural gas heating and public water and public sewer service. Parking is available on street and off street, with patio and porch space plus additional features such as ceiling fans and stone counters.

Key Highlights

  • Four‑unit quadplex fully rented with updated interiors
  • Complete remodel in 2021 including new roof and new windows
  • New ACs and furnaces plus new flooring throughout

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Locksmith Grocery & Convenience Store Catering Service Florist Electrical Service

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

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,857
Businesses Nearby

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

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

What type of property is this?
Quadplex - Fully rented four-unit quadplex with updated interiors and multiple exterior upgrades, including new roof and windows.
Where is this quadplex located?
The property is located at 606 Monroe Street Valparaiso, IN.
What is the asking price?
The asking price for this property is $784,900.
What are key features of this property?
This property features: Four‑unit quadplex fully rented with updated interiors; Complete remodel in 2021 including new roof and new windows; New ACs and furnaces plus new flooring throughout
More about this property
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