254 Locust ST, Valparaiso, IN 46383
254 Locust ST, Valparaiso, IN 46383
254 Locust ST, Valparaiso, IN 46383
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Benjamin White

Benjamin White

+1(219) 302-4376
$349,900
Est. payment /mo
4 Beds
2 Baths
8,712 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 8,712 sqft

Price per Sqft $40

Subdivision Woodhulls Add

MLS Listing ID 848304

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1885

Annual Tax Amount $4,388

Tax Year 2025

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type Duplex

Property Description

Turn-key downtown Valparaiso duplex, ideal for living in one unit and renting out the other, or for adding to your investment portfolio. Just a few minutes' walk to Valparaiso University and downtown restaurants and shops. Originally a single-family home, this property was converted into two rental units, and both units were completely gutted and remodeled (upper unit in 2010, main level in 2001). Each unit has 2 bedrooms, 1 bath, a washer/dryer, and a private deck. The upper unit is currently vacant, so you can move right in or rent it out. It includes a 12x28 bonus room that works well as a third bedroom, home office, or family room, plus an AC that is only 4 years old. The main-level unit is leased through May 31, 2027, and includes an enclosed porch with a storage room, plus an AC and furnace that are both just 2 years old. Gas and electric are separately metered and paid by tenants, and the owner covers water, sewer, and trash. Outside, enjoy a welcoming front porch, a nicely landscaped yard, two parking spaces, a detached garage perfect for storage or a workshop (with 220V available), and a storage shed. The original Locust Street bricks line the back walkway. The location is very convenient, with walkable access to campus, dining, and shopping, and the property is in the Valparaiso Community Schools district. Live in one unit, let the other help cover your costs, and build equity from day one. Or rent out both units!

Location

State IN

County Porter

Rooms

Basement Crawl Space, Unfinished

Interior

Interior Features Ceiling Fan(s)

Heating Forced Air, Natural Gas

Fireplace N

Appliance Dryer, Washer, Refrigerator, Microwave, Gas Range

Exterior

Exterior Feature Balcony

Parking Features Alley Access, Off Street, Driveway, Asphalt

Garage Spaces 1.0

Pool None

View Y/N true

Building

Lot Description Back Yard, Rectangular Lot, Landscaped

Story Two

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Valparaiso

Others

Tax ID 640924455007000004

Security Features Smoke Detector(s)

Acceptable Financing NRA20261111213155894886000000

Listing Terms NRA20261111213155894886000000

Pets Allowed Cats OK

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Listed by Century 21 Circle • Ian Price

Nearby Locations

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Benjamin White

Benjamin White

+1(219) 302-4376

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