509 Union Street Valparaiso, IN ^$ 405,000

509 Union Street

^$ 405,000

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Recently Listed

509 Union Street

Valparaiso, IN, 46383

^$ 405,000

Bedrooms5 Baths4.0

Monthly Estimate*

^$ 2,494

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Multi-Family Home for sale in Valparaiso, IN

for $405,000 with 5 bedrooms and 4 full baths. This home was built in 1880 on a lot size of 0.18.

Don't miss this opportunity to own a four-unit residential income property offering immediate rental income and long-term appreciation potential. This multifamily property features four separate units with a mix of layouts, providing broad tenant appeal and stable occupancy. This property presents an excellent opportunity for both seasoned investors and owner-occupants looking to offset living expenses with rental income. Located in desirable downtown Valparaiso, the property is close to dining, shopping, parks, and so much more.

Multi-Family Active

Price

^$ 405,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 6,558

Style

Quadruplex

Lot Size

0.18

Year Built

1880

Town/City

Valparaiso

County/Region

Porter

MLS | Web ID

840682

Features

Interior

Interior Amenities None

Fireplace Y/N N

Above Grade Finished Area 2420

Total Bedrooms 5

Total Baths 4

General

Sewer Public Sewer

Heating Hot Water

Appliances Gas Range Refrigerator

Pool Features None

Pets Allowed Yes

Year Built 1880

Township Center

Levels Two

Property Subtype Quadruplex

Tax Year 2024

County Porter

New Construction N

Property Type Residential Income

HOA N

Subdivision Name Johnsons Sub

Garage Y/N N

Rent Includes All Utilities

Full Baths 4

Status Active

Directions 509 Union Street Valparaiso IN 46383

City Valparaiso

Lot Size Square Feet 7841

Listing Terms Cash Conventional

Tax Annual Amount 6558

Standard Status Active

Tax Assessed Value 271100

Legal Description JOHNSONS SUB OF BLK 18 OF WOODHULLS ADD LOTS 4 & 5

Exterior

Parking Features Gravel Off Street On Street

Lot Features Front Yard

Water Source Public

Lot Size Acres 0.18

Lot Size Source Assessor

Waterfront Y/N N

* Excluded Features

List By

Madison Jirtle

Listing Agent

Evolution Real Estate Solution

Broker

maddiejirtle@gmail.com

Affordability Calculator

$3,040

Per Month

Monthly Principal & Interest: $2,494
Monthly Property Taxes: $547
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 6.25% 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 ^$510,300

Percent of Sale Price 26%

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
6/15/2026	$405,000		Listed Price

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509 Union Street, Valparaiso, IN, 46383 is a Multi-Family Home for sale at $405,000 with a lot size of 0.18. 509 Union Street has 5 bedrooms, 4.0 baths, and was built in 1880. 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 6/16/2026.

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509 Union Street

Multi-Family Home for sale in Valparaiso, IN

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