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    Laporte County, IN Triplexes for Sale

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    Mixed-Use Retail and Residential Building
    Updated: Mar 17
    Mixed-Use Retail and Residential Building

    1115 Franklin Street, Michigan City, IN 46360

    $529,000
    5,737 sqft 0.06 AC lot
    Fully leased mixed‑use building with street‑level retail plus two residential apartments above
    New roof installed in 2024; furnace and 200 amp service included
    One of the residential apartments has been completely renovated with modern finishes
    Separate carriage house adds extra income and versatility
    Conveniently located one block from the South Shore train station
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    This listing looks promising.

    Here's a quick look at some key insights for

    1115 Franklin Street, Michigan City, IN 46360

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    • Est. Cap Rate

      7.3%
      Above avg (5.9%)

    • Est. NOI

      $39K
      Annual

    • Price @ 7% Cap

      $555K
      Above asking

    • Property Type

      Single Family Residence
      Built 1900
    View Property Analytics
    Triplex with Separately Metered Units
    Updated: May 15
    Triplex with Separately Metered Units

    La Porte, IN 46350

    $179,000
    2,519 sqft 0.11 AC lot
    Triplex with separately metered units simplifies management and utility responsibility.
    Immediate opportunity for maximum market rent with one unit rent‑ready.
    Vacant upper unit (as of 5/30) provides flexibility for renovations, owner occupancy, or increased rental income.
    Located in a strong rental area with consistent tenant demand.
    Long‑term tenant in place in one unit at $555/month with room for rental growth.
    View details
    Based on your search, we've compiled 2 Potential Opportunities for your consideration. Besides 2 Active listings in Laporte County, IN, we suggest exploring several alternatives:

    Laporte County, IN Triplexes Market Trends and Statistics

    Explore 2 triplexes for sale in Laporte County, IN on our real estate platform. These investment opportunities span a total of 8,256 square feet of properties for sale, with an estimated market value of $708,000.

    Sale prices for three-family homes in Laporte County, IN start at $179,000, averaging $354,000, 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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