37,240 sqft

$4,200,000

1230 Lake Charles Avenue, Porter IN, 46304

Price per sqft$112.78

Built in1995

Property size37,240 sqft

Property typeCommercial

Overview

Pending

Listed Aug 31, 2026

Updated 22h ago

Rare opportunity to acquire a 28-unit multifamily portfolio in Porter, Indiana, consisting of three townhome-style properties totaling approximately 37,240 SF. The portfolio includes one 12-unit property and two 8-unit properties, with all units featuring 2-bedroom, 1.5-bath layouts. Properties are individually metered, with tenants responsible for electric, gas, water/sewer and trash, creating a low owner expense structure. Private outdoor space, in-unit laundry hookups and additional garage income enhance the offering. Strong in-place income with additional upside through continued rent growth. Conveniently located near I-94, US-20, the South Shore Line and Indiana Dunes National Park. Properties are available for purchase as a complete 28-unit portfolio or individually. Excellent opportunity for an investor seeking immediate scale in Northwest Indiana's multifamily market.

Additional information

MLS^® ID: 844657

Interior Features

Heating: Yes
Basement: No

Exterior Features

Lot Size: 3.33 Acres

Other Property Details

Taxes: $61,090
Tax Frequency: Annually
View: Yes

Courtesy of Ellsbury Group, Tariq Suboh,
Listing Contact: (219) 805-5200

Listings courtesy of Northwest Indiana REALTOR Association as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jack Guest shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 3:10 AM UTC on 10/14/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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