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1710 Firestone Lane Valparaiso, IN $ 1,350,000
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1710 Firestone Lane
$ 1,350,000
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1710 Firestone Lane

Valparaiso, IN, 46383
$ 1,350,000
Bedrooms-- Baths-- Sq 11,678

Monthly Estimate*

$ 8,524

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Commercial Property for sale in Valparaiso, IN

for $1,350,000. This 11,678 square foot building was built in 2004 on a lot size of 0.742.

We are pleased to present 1710 Firestone Lane, an 8-unit townhome community in Valparaiso, Indiana, built in 2004. Each unit offers approximately 1,400 SF with 3 bedrooms, 2.5 baths, a private double-car garage, and in-unit laundry. A wonderful asset with clear room for rent growth. There is a potentially increase of 17 percent at the end of the current leases, which will produce just under an 8 percent pro forma cap rate. A 2024 roof replacement limits near-term capital needs. Located about 1.2 miles from Valparaiso University with sub-5 percent historical townhome vacancy, the property benefits from durable university- and medical-sector rental demand. With strong Northwest Indiana rental fundamentals and limited competing supply, 1710 Firestone Lane represents a compelling opportunity for investors seeking a turnkey asset that pairs dependable current income with clear rental-growth upside.

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Commercial Active

Price

$ 1,350,000

Property Type

Commercial

Taxes

$ 26,015

Style

Multi Family

Lot Size

0.742

Year Built

2004

Town/City

Valparaiso

County/Region

Porter

MLS | Web ID

843830
Features
Interior
Interior Amenities Other
Laundry Features Gas Dryer Hookup Washer Hookup Main Level Laundry Room
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General
Sewer Public Sewer
Heating Forced Air
Utilities Electricity Connected Water Connected Sewer Connected Natural Gas Connected
Appliances Dryer Washer Refrigerator Range
Security Features Smoke Detector(s)
Year Built 2004
Electric Circuit Breakers
View Neighborhood None
Township Center
Property Subtype Multi Family
Tax Year 2024
Gross Income 147960
County Porter
Net Operating Income 82585
Property Type Commercial Sale
Building Features Multi Tenant Exterior Lighting
Status Active
Directions Going west on Rt-30 Take a left on Washington street going north. Take a right going east on Lincolnway. Take a left going north on Marks Rd. Take a left on Firestone Ln. Property on the left
High School Valparaiso High School
City Valparaiso
High School District Valparaiso
Zoning Description Residential
Lot Size Square Feet 32322
Listing Terms Cash Conventional
Tax Annual Amount 26015
Standard Status Active
Legal Description HEINOLD & FELLER COMMERCIAL PARK PARC C-1 & C-2 & C-3 DR494 P126 TIF COMB F9
Assoc/CIC None
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Exterior
Exterior Amenities Private Yard
Parking Features Alley Access On Street Garage Faces Rear
Lot Features Back Yard Rectangular Lot Near Public Transit Few Trees Corner Lot
Water Source Public
Total Parking 16
Lot Size Acres 0.742
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Xever Lemieux

Listing Agent

Ellsbury Group

Broker

Xever@ellsburygroup.com

Email

Affordability Calculator

$10,692
Per Month
80%
20%
0%
Monthly Principal & Interest
$8,524
Monthly Property Taxes
$2,168
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
4001713 Elementary School
4001707 Middle School
Valparaiso High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/13/2026$1,350,000 Listed Price

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1710 Firestone Lane, Valparaiso, IN, 46383 is a Commercial Property for sale at $1,350,000 with 11,678 sqft and a lot size of 0.742. 1710 Firestone Lane was built in 2004. The property's zip code is 46383 which is in Valparaiso, IN

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