Listing provided courtesy of Ellsbury GroupNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 840854
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Request Info1230-1256 Lake Charles AvenuePorter, IN 46304
Commercial · 15,960 Sq. ft. | 1.57 Acres$1,750,000
Active
1230-1256 Lake Charles Avenue Overview
- Time on Site:
- 12 days
- Visits:
- 0
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.
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1230-1256 Lake Charles Avenue Facts & Features
- Type Commercial
- Sq. ft. 15,960
- Price/Sq.ft. $110
- Lot 1.57 Acres
Details
General
Building Information
- Year Built: 1995
Location/Region
- County Or Parish: Porter
- Subdivision Name: Lake Charles Sub
- Township: Westchester
Tax Information
- Tax Annual Amount: 24724
- Tax Year: 2024
General Information
- Listing Terms: Cash,Other,Conventional
- Parcel Number: 640334426002000026
- Property Sub Type: Multi Family
- Property Type: Commercial Sale
- Special Listing Conditions: None
Interior
Building Interior
- Building Area Source: Assessor
General Information
- Basement: false
- Building Features: Multi Tenant
- Electric: Circuit Breakers
- Heating: Forced Air,Natural Gas
- Interior Features: None
- Laundry Features: Gas Dryer Hookup,Washer Hookup
- Living Area: 15960
Exterior
Parking Information
- Parking Features: Detached,Paved,Garage Faces Side,Additional Parking,Off Street
- Parking Total: 37
Lot Information
- Lot Features: Cul-De-Sac
- Lot Size Acres: 1.567
- Lot Size Source: Assessor
- Lot Size Square Feet: 68259
- Water Source: Public
Waterfront/View
- View: Neighborhood
- Waterfront: false
General Information
- Sewer: Public Sewer
- Utilities: Electricity Connected,Water Connected,Sewer Connected,Natural Gas Connected
1230-1256 Lake Charles Avenue Neighborhood
Community
46304 (Chesterton) Demographics
38
Median Age
450
Population Density (per sq. mile)
42%
College Educated
$79,358
Estimated Median Income
7,496
Estimated Total Home Owners
2,394
Estimated Total Renters
76% / 24%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.1230-1256 Lake Charles Avenue Monthly Cost
1230-1256 Lake Charles Avenue Market Data
Based on the last 30 days in this zip code
$497,990
Average List Price
$198
Average Price per Square Foot
38
Properties Sold
65
Average Days on Market
125
Properties for Sale
1230-1256 Lake Charles Avenue History
| Date | Value | Agent |
|---|---|---|
| 6/17/2026Source: Northwest Indiana MLS | June 17, 2026 |