255 College Avenue Valparaiso, IN ^$ 425,000

255 College Avenue

^$ 425,000

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255 College Avenue

Valparaiso, IN, 46383

^$ 425,000

Studio Baths0.0

Monthly Estimate*

^$ 2,617

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Studio

Multi-Family Home for sale in Valparaiso, IN

for $425,000. This home was built in 1875 on a lot size of 0.2.

INCOME PROPERTY! This 4-unit, FULLY OCCUPIED, property is just blocks from VU! New roof and siding in 2024 and new water heater in 2026. Three of the units are 1-bed/1-bath and one unit is efficiency. There is a single gas furnace and water heater in the basement. There are 4 parking spaces behind building plus street parking.

Multi-Family Pending

Price

^$ 425,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 7,361

Style

Quadruplex

Lot Size

0.2

Year Built

1875

Town/City

Valparaiso

County/Region

Porter

MLS | Web ID

836445

Features

Interior

Interior Amenities None

Fireplace Y/N N

Above Grade Finished Area 2526

General

Sewer Public Sewer

Heating Forced Air

Appliances Range Refrigerator

Pets Allowed Yes

Year Built 1875

Township Center

Levels Two

Property Subtype Quadruplex

Tax Year 2024

County Porter

New Construction N

Property Type Residential Income

Subdivision Name Woodhulls Add

Garage Y/N N

Rent Includes All Utilities

Status Pending

Directions From Lincolnway to College south on College building on left or East side of road

City Valparaiso

Lot Size Square Feet 8712

Listing Terms Cash Conventional

Tax Annual Amount 7361

Standard Status Pending

Legal Description WOODHULLS ADD LOT 2 BLK 21

Exterior

Lot Features Rectangular Lot

Water Source Public

Lot Size Acres 0.2

Lot Size Source Assessor

Waterfront Y/N N

* Excluded Features

List By

Genise Shumaker

Listing Agent

Mccolly Real Estate

Broker

genise@mccolly.com

Affordability Calculator

$3,230

Per Month

Monthly Principal & Interest: $2,617
Monthly Property Taxes: $613
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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 ^$427,336

Percent of Sale Price 1%

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.

1261196 Elementary School

1261197 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/2/2026	$425,000		Listed Price

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255 College Avenue, Valparaiso, IN, 46383 is a Multi-Family Home for sale at $425,000 with a lot size of 0.2. 255 College Avenue is a studio with 0.0 baths and was built in 1875. 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 6.25% 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 4/20/2026.

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255 College Avenue

Multi-Family Home for sale in Valparaiso, IN

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