1291-1297 Lake Charles AVE, Porter, IN 46304
1291-1297 Lake Charles AVE, Porter, IN 46304
1291-1297 Lake Charles AVE, Porter, IN 46304
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$575,000
Est. payment /mo
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8 Beds
8 Baths
20,168 SqFt
Open Wed 2PM-4:30PM

1291-1297 Lake Charles AVE Porter, IN 46304

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Realty Executives Premier

Realty Executives Premier

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 20,168 sqft

Price per Sqft $28

Subdivision Lake Charles Sub

MLS Listing ID 842347

Bedrooms 8

Full Baths 4

Half Baths 4

Year Built 1993

Annual Tax Amount $7,500

Tax Year 2024

Lot Size 0.463 Acres

Acres 0.463

Property Sub-Type Quadruplex

Property Description

Excellent investment opportunity to acquire a well-maintained 4-unit townhome community in the highly desirable Porter area, just minutes from the Indiana Dunes National Park, I-94, and the South Shore commuter rail. Built in 1993, each spacious unit features approximately 1,330 SF with 2 bedrooms, 1.5 bathrooms, open-concept living areas, vaulted ceilings, granite countertops, stainless steel appliances, private rear decks, and in-unit washer/dryer hookups. Each unit is individually metered with tenants responsible for electric, gas, water/sewer, and trash, minimizing owner expenses. Recent capital improvements include roof replacement, HVAC and water heater updates, and parking lot resurfacing. Current rents provide immediate cash flow with significant upside as rents move toward market levels. An outstanding value-add opportunity in one of Northwest Indiana's strongest rental markets.

Location

State IN

County Porter

Interior

Interior Features None

Heating Forced Air, Natural Gas

Fireplace N

Appliance Gas Range, Refrigerator

Exterior

View Y/N true

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Building

Lot Description Back Yard, Paved

Story One and One Half

Others

Tax ID 640334403004000026

SqFt Source Assessor

Acceptable Financing NRA20260714214028386741000000

Listing Terms NRA20260714214028386741000000

Pets Allowed Call

Listed by Ellsbury Group • Tariq Suboh

Nearby Locations

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Realty Executives Premier

Realty Executives Premier

Broker | License ID: RB14033486

+1(219) 405-3647

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1291-1297 Lake Charles AVE