Quadplex

Michigan City, IN Quadplexes for Sale

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Trail Creek, IN Long Beach, IN Beverly Shores, IN New Buffalo, MI Chesterton, IN La Porte, IN Michiana, MI Westville, IN
Mixed-Use Property with Retail Space
Updated: Mar 17
Mixed-Use Property with Retail Space

1115 Franklin Street, Michigan City, IN 46360

$499,000
0.06 AC lot
Street‑level retail space with two apartments above
Separate carriage house included
All units rented with active leases in place
New roof installed in 2024
200 amp electrical service and furnace
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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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Renovated Four-Unit Quadplex
Renovated Four-Unit Quadplex

118 N Lake Avenue, Michigan City, IN 46360

Contact for pricing

Four residential units offer varied layouts, private outdoor areas, and immediate proximity to Lake Michigan beach access.

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See hot listings in Michigan City

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Michigan City, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Four-Unit Rehab Quadplex
Four-Unit Rehab Quadplex

4828 Mccook Avenue, East Chicago, IN 46312

$109,900
0.08 AC lot

As-is multifamily property with two distinct unit layouts and access to public water and sewer services.

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Historic Four-Unit Building with Garage
Historic Four-Unit Building with Garage

306 Jefferson St, Valparaiso, IN 46383

$479,900
3,798 sqft

Two-story brick property pairs leased apartments with a detached garage and private unit entrances.

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Historic Brick Quadplex with Garages
Historic Brick Quadplex with Garages

306 Jefferson Street, Valparaiso, IN 46383

$479,900
0.25 AC lot

Four leased apartments and a detached seven-unit garage provide established residential and supplemental rental income.

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Updated Quadplex with Driveway
Updated Quadplex with Driveway

5001 Magoun Avenue, East Chicago, IN 46312

$440,000
0.16 AC lot

Three residences feature updated interiors, with public water and sewer service supporting the four-unit property.

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Michigan City, IN Quadplexes Market Trends and Statistics

Explore 3 quadplexes for sale in Michigan City, IN, showcased through 3 active listings on our real estate platform.

Sale prices for four-unit buildings in Michigan City, IN start at $250,000, averaging $374,500, and reaching up to $499,000 — 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 9
Quadplexes 3
Short term rental properties 3
Apartment buildings 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 $510K

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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