1213 Franklin Street Michigan City, IN $ 285,000
1213 Franklin Street
$ 285,000
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1213 Franklin Street

Michigan City, IN, 46360
$ 285,000
Bedrooms5 Baths2.0

Monthly Estimate*

$ 1,778

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Multi-Family Home for sale in Michigan City, IN

for $285,000 with 5 bedrooms and 2 full baths. This home was built in 1880 on a lot size of 0.1069.

Amazing opportunity to own a mixed-use building. This is a two unit- residential apartment building with a storefront Total 3 units. This building has so much potential! Open up a business and owner occupy one of the apartments or for cashflow and investment! The units have been updated and feature newer bathrooms, new appliances and in-unit washer /dryer for apartments. . Newly installed furnaces and central ac for all 3 units. The first floor - 2 bedrms 1 bthrm . 2nd flr -2 bedrm 2 bthrms . attached store facing Franklin. Well kept and ready for new tenants. Walking distance to the muti- million 12 story mixed use development that will include the new South Shore Train Station, approximately 200 luxury apartments, roof top garden, retail and restaurant space, and multiple parking structures. New double track train line gets you to Chicago in 60 minutes. This is a great (growing) location!! Minutes from the lake front, light house outlet malls and the uptown arts district. A Must See!!

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Multi-Family Pending

Price

$ 285,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,551

Style

Apartment

Lot Size

0.1069

Year Built

1880

Town/City

Michigan City

County/Region

La Porte

MLS | Web ID

826252

Features
Interior
Interior Amenities None
Fireplace Y/N N
Above Grade Finished Area 2441
Total Bedrooms 5
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General
Sewer Public Sewer
Heating Central Forced Air
Utilities Electricity Connected Natural Gas Connected
Appliances Dryer Washer
Pets Allowed Call
Year Built 1880
Electric 100 Amp Service
Township Michigan
Levels Two
Property Subtype Apartment
Tax Year 2023
County La Porte
New Construction N
Property Type Residential Income
Subdivision Name Michigan City
Garage Y/N N
Rent Includes Water
Total Rooms 8
Full Baths 2
Status Pending
Directions Corner of Franklin St & Warren St
City Michigan City
Zoning Description Mixed Use
Lot Size Square Feet 4655
Listing Terms Cash FHA Conventional
Tax Annual Amount 2551
Ok to Lease None
Lease Considered Y/N Y
Standard Status Pending
Tax Assessed Value 120600
Legal Description 42-01-29-485-014 LAND CO S 1/2 LTS 12 & 13 BLK 100
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Exterior
Exterior Amenities Private Yard Storage
Lot Features Corner Lot
Water Source Public
Total Parking 2
Lot Size Acres 0.1069
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Jina Ko

Listing Agent

Coldwell Banker Real Estate Gr

Broker

jko@coldwellhomes.com

Email

Affordability Calculator

$1,991
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,778
Monthly Property Taxes
$213
Monthly 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
1261196 Elementary School
1261197 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/9/2025$285,000 -3.39% Price Down
8/18/2025$295,000 Listed Price

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1213 Franklin Street, Michigan City, IN, 46360 is a Multi-Family Home for sale at $285,000 with a lot size of 0.1069. 1213 Franklin Street has 5 bedrooms, 2.0 baths, and was built in 1880. The property's zip code is 46360 which is in Michigan City, IN