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308 Brown Street Valparaiso, IN $ 315,000
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308 Brown Street
$ 315,000
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308 Brown Street

Valparaiso, IN, 46383
$ 315,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 1,989

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Multi-Family Home for sale in Valparaiso, IN

for $315,000 with 4 bedrooms and 2 full baths. This home was built in 1920 on a lot size of 0.091.

Fantastic investment opportunity in the heart of Downtown Valparaiso! This fully occupied duplex generates 32,400 in annual gross rental income and has a strong rental history. The upper unit is leased through the end of August, offering a great opportunity for an owner-occupant looking to house hack while maintaining rental income. Conveniently located just minutes from downtown shops, restaurants, parks, and Valparaiso University, this is an excellent addition to any investment portfolio.

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Multi-Family Active

Price

$ 315,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 6,804

Style

Duplex

Lot Size

0.091

Year Built

1920

Town/City

Valparaiso

County/Region

Porter

MLS | Web ID

841940
Features
Interior
Interior Amenities Ceiling Fan(s) Country Kitchen Soaking Tub Pantry Eat-in Kitchen Crown Molding
Window Features Aluminum Frames Wood Frames
Fireplace Y/N N
Above Grade Finished Area 2640
Laundry Features Gas Dryer Hookup Washer Hookup Sink Laundry Room Lower Level
Total Bedrooms 4
Total Baths 2
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General
Sewer Public Sewer
Heating Hot Water
Utilities Cable Connected Water Connected Sewer Connected Natural Gas Connected Electricity Connected
Appliances Dryer Washer Stainless Steel Appliance(s) Refrigerator Gas Water Heater Gas Range Freezer
Patio/Porch Features Front Porch
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Pets Allowed Yes
Year Built 1920
View Neighborhood
Township Center
Levels One
Property Subtype Duplex
Tax Year 2024
Gross Income 32400
County Porter
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Valparaiso
Garage Y/N N
Rent Includes Management Water Trash Collection Sewer
Total Rooms 10
Full Baths 2
Status Active
Directions Lincolnway to Valparaiso St. South to Brown St. Property is on SW corner of the intersection.
City Valparaiso
Lot Size Square Feet 3964
Listing Terms Cash Conventional
Tax Annual Amount 6804
Lease Considered Y/N N
Standard Status Active
Legal Description O S N66 E60 OUTLOT 7
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Exterior
Exterior Amenities Storage
Parking Features Concrete Off Street
Lot Features Corner Lot Landscaped
Water Source Public
Total Parking 3
Lot Size Acres 0.091
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Melissa Andress

Listing Agent

Listing Leaders Northwest

Broker

melissa.andress@gmail.com

Email

Affordability Calculator

$2,556
Per Month
78%
22%
0%
Monthly Principal & Interest
$1,989
Monthly Property Taxes
$567
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/9/2026$315,000 Listed Price

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308 Brown Street, Valparaiso, IN, 46383 is a Multi-Family Home for sale at $315,000 with a lot size of 0.091. 308 Brown Street has 4 bedrooms, 2.0 baths, and was built in 1920. The property's zip code is 46383 which is in Valparaiso, IN

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