15,960 sqft

$1,750,000

1230-1256 Lake Charles Avenue, Porter IN, 46304

Price per sqft$109.65

Built in1995

Property size15,960 sqft

Property typeCommercial

Overview

Active

Listed Jun 17, 2026

Updated 3 weeks ago

12-unit townhome-style multifamily investment opportunity in Porter, Indiana. The property features twelve 2-bedroom, 1.5-bath units averaging approximately 1,330 SF, each with a private deck, in-unit laundry hookups, individual HVAC systems, and access to detached garage parking. Tenants are responsible for electric, gas, water/sewer, and trash, helping minimize operating expenses. Recent improvements include roof replacement, parking lot resurfacing, and ongoing mechanical updates. Located minutes from I-94, US-20, the South Shore Line, and Indiana Dunes National Park, this property offers strong cash flow with value-add potential through future rent increases.

Additional information

MLS^® ID: 840854

Interior Features

Heating: Yes
Basement: No

Exterior Features

Lot Size: 1.57 Acres

Other Property Details

Taxes: $24,724
Tax Frequency: Annually
Garage: Yes
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 Chad Gradowski Team 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 11:56 AM UTC on 9/17/2026. 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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