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$2,710,000
23,264
square ft

2001 Calumet Avenue
Valparaiso, Indiana 46383

Closed / MLS #827684 / Multiple Family / Valparaiso
Listing information updated 11/11/2025 at 12:04pm
SOLD BEFORE PRINT! Opportunity knocks with a substantial residential income investment property on the north side of Valparaiso. A 19,932 SF mix of eighteen 1 bedroom apartments , ten 2 bedroom apartments and about 3300 square feet of commercial space plus ample basement storage, this building brings income potential. Property will be delivered mostly vacant with just a few remaining tenants. Located on Calumet just north of Glendale, near new attached patio homes, Walgreens Pharmacy, and other national and regional chains, and on the V Line bus line with a stop on location, this building is unique. Proforma returns at conservative market value rents forecast approximately an 8 CAP at asking price. 48 hour notice will be required for all showings -- select vacant units only, plus commercial space and storage.
Exterior Type:
Vinyl Siding
Basement:
Other
Water Front:
No
Square Feet:
23,264
Lot Size:
0.87 Acres
Acreage:
0.87
Built:
1966
Parking Spaces:
43
Cooling System:
Other
Roof:
Shingle
Current Use:
Multi-Family, Mixed Use
Business Use:
Mixed
Building Square Feet:
23,264
Tax Amount:
$600
Tax Year:
2025
Zip Code:
46383
City:
Valparaiso
County:
Porter

Listing Office Phone: 219.462.2121

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 11/11/2025 at 12:04pm. 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.

Valparaiso

Valparaiso, IN

Known as the “Vale of Paradise,” Valparaiso is a burgeoning city with an engaged community. One of Valparaiso’s main attractions is its downtown area. The site of year-round events and local happenings, downtown Valparaiso is home to Central Park Plaza, Porter Health Amphitheater, and Urschel...
$395,796
Average Sale Price
53
Average Days On The Market
96%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 2001 Calumet Avenue, Valparaiso, IN 46383
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2001 Calumet Avenue, Valparaiso, IN 46383 is a multiple family which sold for $2,710,000. This multiple family has been listed on @properties Christie's International Real Estate since September 10th, 2025 and was built in 1966.

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