Michigan City, IN
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    Michigan City, IN Triplexes for Sale

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    Trail Creek, IN Long Beach, IN Beverly Shores, IN
    Mixed-Use Retail and Residential Building
    $529,000
    5,737 SF
    Mixed-Use Retail and Residential Building

    1115 Franklin Street, Michigan City, IN 46360

    Mixed-use property with street-level retail, two apartments, and a carriage house, with recent exterior and mechanical updates.
    • 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
    Updated: Mar 17
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

    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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    Triplex with Detached Coach House
    $132,500
    0.08 Acres
    Triplex with Detached Coach House

    As-is triplex featuring two 3-bedroom units and a detached 2-bedroom coach house for renovation-focused income living.

    5008 Alexander Avenue, East Chicago, IN 46312

    View details
    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
    Triplex with Detached Coach House
    $150,000
    Triplex with Detached Coach House

    Triplex with coach house in established neighborhood, investor special.

    5008 Alexander Avenue, East Chicago, IN 46312

    View details

    Michigan City, IN Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Michigan City, IN on our real estate platform. These investment opportunities span a total of 5,737 square feet of properties for sale, with an estimated market value of $529,000.

    Sale prices for three-family homes in Michigan City, IN start at $529,000, averaging $529,000, 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

    Apartment buildings 4
    Duplexes 2
    Quadplexes 2
    Short term rental properties 1
    Triplexes 1

    Demographics Overview

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

    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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