306 Jefferson Street
Valparaiso, Indiana 46383

New / MLS #844115 / Multiple Unit (2-4) / Valparaiso
Listing information updated 8/20/2026 at 10:04pm
LOCATION, LOCATION, LOCATION! A rare opportunity to own an income-producing property in the heart of downtown, just one block north of Lincolnway on Jefferson and steps from the exciting new Linc shopping and dining district. This distinctive historic two-story brick building offers incredible character, an unbeatable location, and multiple income streams. The property features four fully leased residential units, including three 1-bedroom apartments and one spacious 2-bedroom apartment. Each unit offers its own private entrance, providing added privacy and convenience for tenants. A welcoming front porch adds to the historic charm, while a concrete patio area at the rear provides additional outdoor living space. The largest unit also offers direct access to the garage area. What truly sets this investment apart is the RARE detached 7-unit garage, providing valuable additional rental income and a feature nearly impossible to find in a downtown location. The garage is conveniently accessed from the alley and features block construction with a flat roof. All residential units are currently leased, allowing for immediate income from day one, with additional potential to further maximize revenue. With its historic brick architecture, multiple rental units, exceptional garage income, and walkable location near downtown shopping, dining, entertainment, and Lincolnway, this is a truly unique investment opportunity. Properties offering this combination of location, established rental income, historic character, and 7 garage units rarely become available. Add this exceptional downtown property to your investment portfolio!

Listing Office: Realty Executives Premier

Listing Office Phone: 219.462.2224

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 8/20/2026 at 10:04pm. 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.


Not quite what you are looking for?

Similar listings for sale near 306 Jefferson Street, Valparaiso, IN 46383


Like the area?

More homes for sale near 306 Jefferson Street, Valparaiso, IN 46383