$450,000

beds

baths

4,360

square ft

202 Morgan Boulevard

Valparaiso, Indiana 46383

Closed / MLS #816360 / Multiple Unit (2-4) / Valparaiso

Listing information updated 3/22/2025 at 7:24pm

Prime Downtown Valparaiso Investment Opportunity!An absolute gem in the heart of downtown Valparaiso! This versatile multi-unit property offers incredible potential--currently set up as a three-unit building, it could possibly be converted into a spacious single-family home. Unbeatable Location - Steps from the city's best restaurants, wineries, shopping, and entertainment! Major Updates - Brand new boiler, hot water heater, sewer line, and basement plumbing for peace of mind. Recent Upgrades - Deck refinished in 2024, flooring refinished in 2025, adding modern charm and value. Endless Possibilities - Live in one unit and rent the others, keep it as an income-producing investment, or transform it into your dream home! Ideal for Entertaining - This home boasts a unique basement bar, salvaged from the historic Old Style Inn after the downtown fire of 1952, adding a touch of character and history. It also features a fully functional multi-sink wet bar, perfect for hosting guests. Enjoy a prime view of the Popcorn Festival Parade right from your front porch! Ample Storage & Parking - Includes a two-car garage with loft storage, offering extra space for all your needs.Opportunities like this don't last long--schedule your showing today!

Full Features

Basement:

Apartment,Walk-Out Access,Exterior Entry,Finished

Beds Above Grade:

Cooling System:

Window Unit(s)

Heating System:

Forced Air

Appliances:

Dryer, Washer, Refrigerator, Range

Pool:

Age:

164 Years

Parking Type:

Detached,Shared Driveway,Driveway

Parking Spaces:

Garage:

Detached,Shared Driveway,Driveway

Room Count:

Water Front:

Square Feet:

4,360

Lot Size:

0.176 Acres

Acreage:

0.176

Taxes & Assessments

Tax Amount:

$7,616

Tax Year:

2023

Location

Zip Code:

46383

City:

Valparaiso

County:

Porter

Schools

Elementary School:

N/A

Middle School:

N/A

High School:

Valparaiso High School

Basement:

Apartment,Walk-Out Access,Exterior Entry,Finished

Beds Above Grade:

Cooling System:

Window Unit(s)

Heating System:

Forced Air

Appliances:

Dryer, Washer, Refrigerator, Range

Pool:

Age:

164 Years

Parking Type:

Detached,Shared Driveway,Driveway

Parking Spaces:

Garage:

Detached,Shared Driveway,Driveway

Room Count:

Water Front:

Square Feet:

4,360

Lot Size:

0.176 Acres

Acreage:

0.176

Tax Amount:

$7,616

Tax Year:

2023

Zip Code:

46383

City:

Valparaiso

County:

Porter

Elementary School:

N/A

Middle School:

N/A

High School:

Valparaiso High School

Listing Office: Double Diamond Real Estate LLC

Listing Office Phone: 219.462.6900

Disclaimer: The data relating to real estate for sale on this website comes courtesy of NIRA as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 3/22/2025 at 7:24pm. 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.