704 Lincolnway Valparaiso, IN ^$ 449,999

704 Lincolnway

^$ 449,999

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704 Lincolnway

Valparaiso, IN, 46383

^$ 449,999

Bedrooms4 Baths2.0

Monthly Estimate*

^$ 2,807

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Multi-Family Home for sale in Valparaiso, IN

for $449,999 with 4 bedrooms and 2 full baths. This home was built in 1890 on a lot size of 0.164.

Situated c;lose to Valparaiso University and downtown Valparaiso, this 2--story building provides excellent exposure and location for any business! The R/T zoning allows for numerous commercial and professional uses but also allows for residential or mixed use! Property was recently used as a 2 unit rental with a 2-bedroom unit on each floor but is a perfect location for many types of retail/services, real estate office, attorney's office, Airbnb, and much more, with private parking in rear of building and on-street parking. Building features an oversized 2 car garage, too. Property offers many possibilities!

Multi-Family Active

Price

^$ 449,999

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 6,635

Style

Duplex

Lot Size

0.164

Year Built

1890

Town/City

Valparaiso

County/Region

Porter

MLS | Web ID

818684

Features

Interior

Interior Amenities Entrance Foyer Walk-In Closet(s) Kitchen Island Granite Counters

Fireplace Y/N N

Above Grade Finished Area 2202

Total Bedrooms 4

Total Baths 2

General

Sewer Public Sewer

Heating Forced Air

Utilities Cable Available Water Connected Sewer Connected Natural Gas Connected Natural Gas Available Electricity Connected

Appliances Dishwasher Refrigerator Gas Water Heater Gas Range

Garage Spaces 2

Patio/Porch Features Covered

Pool Features None

Pets Allowed Yes

Year Built 1890

View Neighborhood

Township Center

Levels Two

Property Subtype Duplex

Tax Year 2023

County Porter

New Construction N

Property Type Residential Income

HOA N

Subdivision Name Dewolfs Sub

Garage Y/N Y

Rent Includes None

Full Baths 2

Status Active

Directions Next to 7-11 on Lincolnway Street parking in front of home or around back in addt'l parking area behind home.

City Valparaiso

High School District Valparaiso

Zoning Description Mixed Use

Lot Size Square Feet 7144

Listing Terms Cash Conventional

Tax Annual Amount 6635

Lease Considered Y/N N

Standard Status Active

Legal Description DEWOLFS SUB WOODHULLS ADD LOT 7 BLK 32

Exterior

Exterior Amenities Private Yard

Parking Features Additional Parking Detached On Street Alley Access

Lot Features Back Yard Landscaped Front Yard

Water Source Public

Total Parking 4

Lot Size Acres 0.164

Lot Size Source Assessor

Waterfront Y/N N

* Excluded Features

List By

Wendy Van Denburgh

Listing Agent

Mccolly Real Estate

Broker

homesbywendyv@gmail.com

Affordability Calculator

$3,360

Per Month

Monthly Principal & Interest: $2,807
Monthly Property Taxes: $553
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Valparaiso, IN

Average List Price ^$463,386

Percent of Sale Price 3%

About Valparaiso, IN

34,653 Population

16% Since 2002

^$52,868 Median Income

35.65 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4001713 Elementary School

4001707 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/1/2025	$449,999	-5.46%	Price Down
8/26/2025	$476,000	-3.84%	Price Down
7/7/2025	$495,000	-2.94%	Price Down
4/8/2025	$510,000		Listed Price

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704 Lincolnway, Valparaiso, IN, 46383 is a Multi-Family Home for sale at $449,999 with a lot size of 0.164. 704 Lincolnway has 4 bedrooms, 2.0 baths, and was built in 1890. The property's zip code is 46383 which is in Valparaiso, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/10/2025.

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704 Lincolnway

Multi-Family Home for sale in Valparaiso, IN

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