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    Michigan City, IN
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    Michigan City, IN Residential Income Properties for Sale

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    Trail Creek, IN Long Beach, IN Beverly Shores, IN
    13 listings
    Restaurant with Income-Generating Home
    $750,000
    1,712 SF
    Restaurant with Income-Generating Home

    615 E In-212, Michigan City, IN 46360

    Turn-key restaurant with updated systems and a separate 2-bedroom home.
    • Turn‑key, fully operational restaurant with 2‑way liquor & gaming license.
    • Includes a separate 2‑bedroom home for owner occupancy or rental income.
    • Completely updated interior (renovated in 2025) with major system upgrades (plumbing, electrical, insulation, A/C & HVAC).
    • Fully equipped restaurant with bar, TVs, neon lights, ample seating, and two bathrooms.
    • Newly paved parking area, circular driveway, and inviting patio.
    Updated: Mar 19
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    Office Building with Upstairs Apartment
    $369,900
    2,544 SF
    Office Building with Upstairs Apartment

    2710 Franklin Street, Michigan City, IN 46360

    Well-kept office building with multiple enclosed offices, conference areas, and a two-bedroom apartment for added flexibility.
    • Built in 1904 with public water and public sewer service
    • Commercial front includes six offices plus reception area and multiple enclosed office spaces
    • Two conference areas and a large open area with access to a second bathroom
    • Basement and rear garage, with a handicap accessible ramp and additional parking
    • Includes a private yard and a two‑bedroom apartment upstairs with a back entrance for extra income
    Updated: May 8
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    Michigan City Multifamily Airbnb Property
    $599,900
    0.07 Acres
    Michigan City Multifamily Airbnb Property

    Established Airbnb near Lake Michigan and downtown Michigan City.

    116 Fogarty Street, Michigan City, IN 46360

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    Michigan City Multi-Family Property
    $149,999
    2,184 SF
    Michigan City Multi-Family Property

    Two-unit property with four bedrooms and three baths.

    115 Greenwood Avenue, Michigan City, IN 46360

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    Mixed-Use Investment Opportunity
    $549,000
    0.06 Acres
    Mixed-Use Investment Opportunity

    Fully leased mixed-use property with retail and residential units.

    1115 Franklin Street, Michigan City, IN 46360

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    Five-Unit Residential Income Building
    $495,000
    0.16 Acres
    Five-Unit Residential Income Building

    Five-unit building with efficiency, one-, and two-bedroom units and original foyer features for rental-ready housing.

    320 E 8th, Michigan City, IN 46360

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    Residential Income Quadplex
    $195,000
    0.08 Acres
    Residential Income Quadplex

    Income-earning quadplex with an efficiency unit plus two 1-bedroom and one 2-bedroom apartments near downtown Michigan City.

    322 E 8th Street, Michigan City, IN 46360

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    MULTI_FAMILY - Michigan City, IN
    $549,000
    5,737 SF
    MULTI_FAMILY - Michigan City, IN

    Mixed-use properties · 5,737 SF

    1115 Franklin Street, Michigan City, IN 46360

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    Mixed-Use Investment Property For Sale
    $299,900
    0.12 Acres
    Mixed-Use Investment Property For Sale

    Mixed-use property with apartments and storefront in central location.

    205 E Garfield Street, Michigan City, IN 46360

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    Luxury Condominium Near Lake Michigan
    $390,000
    760 SF
    Luxury Condominium Near Lake Michigan

    Luxury condominium with high-end amenities near Indiana Dunes National Park.

    101 W Michigan Boulevard 718, Michigan City, IN 46360

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    Mixed-Use Property Near Transportation
    $1,600,000
    21,730 SF
    Mixed-Use Property Near Transportation

    Mixed-use property suitable for offices, retail, or residential conversion.

    710 Franklin Street, Michigan City, IN 46360

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    Mixed-Use Property Near Train Station
    $549,000
    Mixed-Use Property Near Train Station

    Fully leased mixed-use property with retail and residential units.

    1115 Franklin Street, Michigan City, IN 46360

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    Michigan City Duplex with Updates
    $149,999
    2,184 SF
    Michigan City Duplex with Updates

    Two-unit property featuring recent updates and a full basement.

    115 Greenwood Avenue, Michigan City, IN 46360

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    Based on your search, we've compiled 48 Potential Opportunities for your consideration. Besides 13 Active listings in Michigan City, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 27 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    LaPorte Triplex Investment Opportunity
    $179,000
    2,519 SF
    LaPorte Triplex Investment Opportunity

    Value-add triplex in LaPorte with immediate income potential.

    La Porte, IN 46350

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    New Buffalo Triplex Opportunity
    $590,000
    0.14 Acres
    New Buffalo Triplex Opportunity

    Income-producing triplex in New Buffalo near downtown and beach.

    121 E Michigan Street, New Buffalo, MI 49117

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    LaPorte Townhome Multifamily Investment Property
    $3,000,000
    42,000 SF
    LaPorte Townhome Multifamily Investment Property

    30-unit multifamily property in LaPorte, Indiana, with convenient access.

    5056 N Pawnee Trail, La Porte, IN 46350

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    Multi-Unit Building Near Beach
    $249,000
    0.23 Acres
    Multi-Unit Building Near Beach

    Three-unit building near beach, shops, and restaurants.

    5 N Eagle St, New Buffalo, MI 49117

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Waterfront Land in Michigan City
    $3,200,000
    6.30 Acres
    Waterfront Land in Michigan City

    Iconic waterfront parcel in Michigan City, a blank canvas.

    600 E 2nd Street, Michigan City, IN 46360

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    Vacant Lot in Michigan City
    Contact for pricing
    0.18 Acres
    Vacant Lot in Michigan City

    Vacant lot near Lake Michigan beaches and major highways.

    S Carroll Avenue, Michigan City, IN 46360

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    Michigan City Land Opportunity
    $35,000
    1.67 Acres
    Michigan City Land Opportunity

    1.67 acres near Lake Michigan with commercial/residential zoning.

    Hwy 12, Michigan City, IN 46360

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    Beverly Shores Wooded Acreage
    $775,000
    6.08 Acres
    Beverly Shores Wooded Acreage

    Rare 6+ acre wooded property near Indiana Dunes National Park.

    602 E Beverly Drive, Beverly Shores, IN 46301

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    Off-Market Properties in Michigan City, IN

    Consider similar Off-Market properties in Michigan City, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1010 Cedar St
    APARTMENT HOUSE (UNDER 5 UNITS)
    6,858 SF Lot: 0.09 Acres
    Value Estimation by Request

    1010 Cedar St, Michigan City, IN 46360-3648

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    110 Cedargate Ct
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,880 SF Lot: 3.78 Acres
    Estimated value
    $3,175,000

    110 Cedargate Ct, Michigan City, IN 46360-5681

    View details
    205 Garfield St
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,280 SF Lot: 0.12 Acres

    205 Garfield St, Michigan City, IN 46360-5477

    View details
    2206 Michigan Blvd
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,220 SF Lot: 0.15 Acres
    Value Estimation by Request

    2206 Michigan Blvd, Michigan City, IN 46360-5375

    View details
    913 Wabash St
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,841 SF Lot: 0.13 Acres
    Value Estimation by Request

    913 Wabash St, Michigan City, IN 46360-4090

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    170 Indiana Hwy 212
    MOBILE HOME PARK, TRAILER PARK
    Lot: 20.00 Acres
    Value Estimation by Request

    170 Indiana Hwy 212, Michigan City, IN 46360-1956

    View details
    1716 Michigan Blvd
    APARTMENT HOUSE (UNDER 5 UNITS)
    6,534 SF Lot: 0.29 Acres
    Value Estimation by Request

    1716 Michigan Blvd, Michigan City, IN 46360-4933

    View details
    222 Warren St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,900 SF Lot: 0.19 Acres
    Value Estimation by Request

    222 Warren St, Michigan City, IN 46360-4269

    View details
    202 Beachwalk Ln
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,324 SF Lot: 0.12 Acres
    Value Estimation by Request

    202 Beachwalk Ln, Michigan City, IN 46360-1782

    View details
    902 Pne St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,499 SF Lot: 0.14 Acres
    Value Estimation by Request

    902 Pne St, Michigan City, IN 46360-3532

    View details
    4704 1100th W
    MOBILE HOME PARK, TRAILER PARK
    127 SF Lot: 76.77 Acres
    Value Estimation by Request

    4704 1100th W, Michigan City, IN 46360-9438

    View details

    Michigan City, IN Residential Income Properties Market Trends and Statistics

    Explore 40 residential income properties for sale in Michigan City, IN, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 36,851 square feet of properties for sale, with an estimated market value of $3,958,898.

    Sale prices for residential income properties in Michigan City, IN start at $149,999, averaging $565,556, and reaching up to $1,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 8
    Apartment buildings 3
    Duplexes 2
    Single family properties 2
    Quadplexes 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 $541.5K

    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)

    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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