1291-1297 Lake Charles Avenue, Porter, IN 46304
- $585,000
- 8
- BD
- 8
- BA
- Sold Price
- $585,000
- List Price
- $575,000
- Status
- CLOSED
- MLS#
- 842347
- Closing Date
- Aug 27, 2026
- Year Built
- 1993
- Days On Market
- 44
- Bedrooms
- 8
- Bathrooms
- 8
- Half-baths
- 4
- Township
- Westchester
- Subdivision
- Lake Charles Sub
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.
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Additional Information
- Acres
- 0.46
- Taxes
- $7,500
- Water
- Public
- Heating
- Forced Air, Natural Gas
- Appliances
- Gas Range, Refrigerator
- Agent Name
- Tariq Suboh
Listing courtesy of Tariq Suboh from Ellsbury Group.
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