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507 Franklin Street Valparaiso IN 46383US4 Bed, 2.00 Bath (2 Full Bath), 839530
507 Franklin Street ValparaisoIN46383
368000.0000 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

$368,000

Active Listing ID 839530
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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

$368,000

Active Listing ID 839530
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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. Brand new roof installed, giving peace of mind to future owners and reducing major maintenance concerns. 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: Forced Air, Natural Gas

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 368000
  • 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: 2026-05-26
  • listagenturl: http://www.nwiforsale.com
  • countyorparish: Porter
  • parcelnumber: 640924181007000004
  • elementaryschooldistrict: Valparaiso
  • middleorjuniorschooldistrict: Valparaiso
  • highschooldistrict: Valparaiso
  • appliances: Dryer, Washer, Refrigerator, Range
  • heating: Forced Air, Natural Gas
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 1, Bathroom 1
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.06008, 41.472935
  • openhouse: { "AppointmentRequiredYN": false, "ListingKey": "3yd-GNIARIN-839530", "OpenHouseEndTime": "2026-05-31 15:00:00", "OpenHouseId": "4614380", "OpenHouseRemarks": null, "OpenHouseStartTime": "2026-05-31 13:00:00", "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":"US", "ListOfficeEmail":"bhhsexec@gmail.com", "ListOfficePostalCode":"46307", "ListOfficeStateOrProvince":"IN", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Valparaiso, IN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/507-Franklin-St_Valparaiso_IN_46383_M49474-63163?f=listhub&s=GNIARIN&m=839530&c=rexren", "MLSModificationTimestamp":"2026-05-26 11:41:14", "Neighborhoods":[{"Description":null, "Name":"Powells Add"}], "PostalCode":null, "RoomCount":8, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":6964, "TaxDescription":"POWELLS ADD LOT 46", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/26/2026 12:35:24 PM GMT
Source Updated Date: 5/26/2026 6:40:34 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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