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    Michigan City, IN
    Quadplex

    Michigan City, IN Quadplexes for Sale

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    Quadplex with Ground-Floor Retail
    Updated: Mar 17
    Quadplex with Ground-Floor Retail

    1115 Franklin Street, Michigan City, IN 46360

    $529,000
    0.06 AC lot
    New roof in 2024
    200 amp service
    0.06‑acre lot
    Two apartments above the street‑level retail plus a separate carriage house
    Fully leased with active leases in place
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    Quadplex with Public Utilities
    Updated: Jun 6
    Quadplex with Public Utilities

    322 E 8th Street, Michigan City, IN 46360

    $165,000
    0.08 AC lot
    322 E 8th Street, Michigan City, IN 46360
    0.0803‑acre lot with public water and public sewer
    Unit mix: one efficiency unit, two 1‑bedroom units, one 2‑bedroom unit
    Built in 1890
    Natural gas forced‑air heating
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    Four-Unit One-Bedroom Income Property
    Four-Unit One-Bedroom Income Property

    401 E Garfield Street, Michigan City, IN 46360

    Contact for pricing

    Four one-bedroom units with three currently occupied, plus recent HVAC and window replacements.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Four-Unit Residential Income Property
    Four-Unit Residential Income Property

    322 E 8th Street, Michigan City, IN 46360

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    Four rental units offer a mix of efficiencies and bedrooms for an investor or owner-operator.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 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 Multifamily Building
    Four-Unit Multifamily Building

    4828 Mccook Avenue, East Chicago, IN 46312

    $109,900
    0.08 AC lot

    Four-unit multifamily building with a two-and-two unit mix and forced-air heat, sold as-is.

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    Remodeled Quadplex
    Remodeled Quadplex

    606 Monroe Street, Valparaiso, IN 46383

    $784,900
    0.22 AC lot

    Fully rented four-unit quadplex with updated interiors and multiple exterior upgrades, including new roof and windows.

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    Four-Unit Brick Apartment Building
    Four-Unit Brick Apartment Building

    1815 E 136th Street, East Chicago, IN 46312

    Contact for pricing

    Four-unit brick multifamily property with newer roof, individual AC, updated windows, and basement space.

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    Valparaiso Updated Four-Unit Apartment
    Valparaiso Updated Four-Unit Apartment

    606 Monroe Street 1-4, Valparaiso, IN 46383

    Contact for pricing

    Four-unit apartment building near Valparaiso University, fully remodeled in 2021.

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    Michigan City, IN Quadplexes Market Trends and Statistics

    Explore 4 quadplexes for sale in Michigan City, IN, showcased through 4 active listings on our real estate platform.

    Sale prices for four-unit buildings in Michigan City, IN start at $165,000, averaging $347,000, and reaching up to $529,000 — 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 8
    Quadplexes 4
    Apartment buildings 3
    Mobile home & RV parks 1
    Short term rental properties 1

    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 $347K

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in LaPorte County

    Office

    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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