1230-1256 Lake Charles Avenue Porter, IN ^$ 1,750,000

1230-1256 Lake Charles Avenue

^$ 1,750,000

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1230-1256 Lake Charles Avenue

Porter, IN, 46304

^$ 1,750,000

Bedrooms-- Baths-- Sq 15,960

Monthly Estimate*

^$ 10,775

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Commercial Property for sale in Porter, IN

for $1,750,000. This 15,960 square foot building was built in 1995 on a lot size of 1.567.

12-unit townhome-style multifamily investment opportunity in Porter, Indiana. The property features twelve 2-bedroom, 1.5-bath units averaging approximately 1,330 SF, each with a private deck, in-unit laundry hookups, individual HVAC systems, and access to detached garage parking. Tenants are responsible for electric, gas, water/sewer, and trash, helping minimize operating expenses. Recent improvements include roof replacement, parking lot resurfacing, and ongoing mechanical updates. Located minutes from I-94, US-20, the South Shore Line, and Indiana Dunes National Park, this property offers strong cash flow with value-add potential through future rent increases.

Commercial Active

Price

^$ 1,750,000

Property Type

Commercial

Taxes

^$ 24,724

Style

Multi Family

Lot Size

1.567

Year Built

1995

Town/City

Porter

County/Region

Porter

MLS | Web ID

840854

Features

Interior

Interior Amenities None

Laundry Features Gas Dryer Hookup Washer Hookup

General

Sewer Public Sewer

Heating Forced Air Natural Gas

Utilities Electricity Connected Water Connected Sewer Connected Natural Gas Connected

Year Built 1995

Electric Circuit Breakers

View Neighborhood

Township Westchester

Property Subtype Multi Family

Tax Year 2024

County Porter

Property Type Commercial Sale

Subdivision Name Lake Charles Sub

Building Features Multi Tenant

Status Active

Directions I-94 to IN-49 north west on Indian Boundary Rd south on Lake Charles Ave to property at 1230-1256 Lake Charles Ave Porter.

City Porter

Lot Size Square Feet 68259

Listing Terms Cash Other Conventional

Tax Annual Amount 24724

Standard Status Active

Legal Description LAKE CHARLES SUB LOT 8

Exterior

Parking Features Detached Paved Garage Faces Side Additional Parking Off Street

Lot Features Cul-De-Sac

Water Source Public

Total Parking 37

Lot Size Acres 1.567

Lot Size Source Assessor

Waterfront Y/N N

* Excluded Features

List By

Tariq Suboh

Listing Agent

Ellsbury Group

Broker

Tariq@EllsburyGroup.com

Affordability Calculator

$12,835

Per Month

Monthly Principal & Interest: $10,775
Monthly Property Taxes: $2,060
Monthly Home Insurance: --

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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

Commerical listings in Porter, IN

Average List Price ^$944,500

Percent of Sale Price 46%

About Porter, IN

5,266 Population

9% Since 2002

^$76,851 Median Income

41.29 Median Age

33% 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
6/18/2026	$1,750,000		Listed Price

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1230-1256 Lake Charles Avenue, Porter, IN, 46304 is a Commercial Property for sale at $1,750,000 with 15,960 sqft and a lot size of 1.567. 1230-1256 Lake Charles Avenue was built in 1995. The property's zip code is 46304 which is in Porter, 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 6/19/2026.

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1230-1256 Lake Charles Avenue

Commercial Property for sale in Porter, IN

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