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507 Franklin Street Valparaiso IN 46383US4 Bed, 2.00 Bath (2 Full Bath), 836548
507 Franklin Street ValparaisoIN46383
385000.0000 1/1/1900 12:00:00 AM
Realty Executives Premier (Valparaiso)
310 E. Lincoln WayValparaisoIN46383
219-462-2224

507 Franklin Street
Valparaiso IN 46383 US

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Courtesy of: Alessandra Roeback, BHHS Executive Realty, ale.roeback@gmail.com

Realty Executives Premier (Valparaiso)
310 E. Lincoln Way
Valparaiso, IN, US 46383
219-462-2224

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507 Franklin Street
Valparaiso IN 46383 US

$385,000

Active Listing ID 836548
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4 bed
bath icon
2.00 Bath (2 Full)
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Lot: 0.21 Acres
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Other

$385,000

Active Listing ID 836548
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507 Franklin Street Excellent investment opportunity in the heart of downtown Valparaiso! This well-located duplex is within walking distance to the library, restaurants, and grocery stores, offering convenience and strong rental appeal. Each unit features 2 bedrooms, 1 full bath, and in-unit laundry, providing comfortable and functional living spaces for tenants or owners alike. The property also includes a detached 2-car garage for added value and storage. With strong potential to significantly increase rental income, this property is ideal for investors or owner-occupants. Live in one unit while generating income from the other--don't miss this versatile and income-producing opportunity!

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Property Features

  • Facts
  • Lot Size: 0.21 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 2
  • Heating Fuels: Natural Gas, Forced Air

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 385000
  • unparsedaddress: 507 Franklin Street
  • postalcity: Valparaiso
  • stateorprovince: IN
  • country: US
  • postalcode: 46383
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.212
  • lotsizeunits: Acres
  • lotsizearea: 0.212
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.472936
  • longitude: -87.060081
  • listagentfullname: Alessandra Roeback
  • listagentemail: ale.roeback@gmail.com
  • listagentkey: 3yd-GNIARIN-16760
  • listagentmlsid: 16760
  • listagentpreferredphone: 7088008813
  • listagentofficephone: 7088008813
  • listofficekey: 3yd-GNIARIN-121
  • listofficemlsid: 121
  • disclaimer: Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: GNIARIN
  • yearbuilt: 1977
  • listingcontractdate: 2026-04-04
  • listagenturl: http://www.nwiforsale.com
  • countyorparish: Porter
  • parcelnumber: 640924181007000004
  • elementaryschooldistrict: Valparaiso
  • middleorjuniorschooldistrict: Valparaiso
  • highschooldistrict: Valparaiso
  • appliances: Dryer, Washer, Refrigerator, Range
  • heating: Natural Gas, Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 2
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.06008, 41.472935
  • openhouse: { "AppointmentRequiredYN": false, "ListingKey": "3yd-GNIARIN-836548", "OpenHouseEndTime": "2026-04-18 14:00:00", "OpenHouseId": "2902324", "OpenHouseRemarks": null, "OpenHouseStartTime": "2026-04-18 10:00:00", "OpenHouseType": null, "VirtualOpenHouseURL": null }
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Advanced Real Estate LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"ale.roeback@gmail.com", "ListBrokerageCity":"Crown Point", "ListBrokerageCountry":"US", "ListBrokerageEmail":"craigfrendling@gmail.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/GNIARIN/1c363321476411df93a400219b994c72/20210304170530024.png", "ListBrokerageName":"Advanced Real Estate LLC", "ListBrokeragePhone":"(219) 746-2693", "ListBrokeragePostalCode":"46307", "ListBrokerageStateOrProvince":"IN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1121 Merrillville Rd", "ListBrokerageWebsiteUrl":"http://www.nwiforsale.com", "ListOfficeAddress1":"1201 N. Main St ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"121", "ListOfficeCity":"Crown Point", "ListOfficeCountry":"USA", "ListOfficeEmail":"bhhsexec@gmail.com", "ListOfficePostalCode":"46307", "ListOfficeStateOrProvince":"IN", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Valparaiso, IN", "ListingURL":null, "MLSModificationTimestamp":"2026-04-06 20:47:14", "Neighborhoods":[{"Description":null, "Name":"Powells Add"}], "PostalCode":null, "RoomCount":8, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":3605, "TaxDescription":"POWELLS ADD LOT 46", "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/6/2026 9:07:24 PM GMT
Source Updated Date: 4/8/2026 12:58:13 PM GMT

Courtesy of: Alessandra Roeback, BHHS Executive Realty, ale.roeback@gmail.com

Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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