Quadplex

Michigan City, IN Quadplexes for Sale

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Four-Unit One-Bedroom Income Property
Updated: Jun 16
Four-Unit One-Bedroom Income Property

401 E Garfield St, Michigan City, IN 46360

$250,000
Four 1‑bedroom units in a 1906‑built property
3 of 4 units are currently occupied (1 unit vacant for showing convenience)
New HVAC scheduled for 2025/2026
New windows installed in 2025
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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1 active listing matches your search: Quadplex for sale in Michigan City, IN. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

4-Unit Residential Quadplex
4-Unit Residential Quadplex

4012 Deodar Street, East Chicago, IN 46312

$260,000
0.08 AC lot

Tenant occupancy and a mix of one- and two-bedroom apartments shape the property’s rental configuration.

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Historic 4-Unit Building
Historic 4-Unit Building

304 S Oak Street, Buchanan, MI 49107

$99,000
0.28 AC lot

A National Register-listed property with separate entrances requires extensive rehabilitation and is offered in its current condition.

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Historic 4-Unit Building
Historic 4-Unit Building

304 S Oak Street, Buchanan, MI 49107

$99,000

The National Register-listed property has a newer roof and needs extensive interior rehabilitation.

View details
Four-Unit Residential Property
Four-Unit Residential Property

4029 Pulaski St, East Chicago, IN 46312

$419,900

The unit mix includes two three-bedroom residences and two two-bedroom residences.

View details

Michigan City, IN Quadplexes Market Trends and Statistics

Explore 1 quadplexes for sale in Michigan City, IN on our real estate platform.

Sale prices for four-unit buildings in Michigan City, IN average $250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 10
Apartment buildings 3
Short term rental properties 3
Quadplexes 2

Demographics Overview

Population 44K
Population Growth (5Y) +0.7%
Median Household Income $59,641
College Educated 15.5%

High-Yield Neighborhoods for Investment

Identify Michigan City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
46360 $374.5K

Taxes & Financing

Tax Rate (average for all types) 2.64%
Property Tax per SF $45.66 per SF
Tax Rate vs County Average 0.23 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in LaPorte County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Michigan City fall within the 10,000 to 25,000 square foot range.

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