$440,000

beds

baths

half bath

2,112

square ft

508 Wabash Street

Michigan City, Indiana 46360

Active / MLS #846453 / Multiple Unit (2-4) / Michigan City

Listing information updated 10/17/2026 at 11:04am

TURNKEY INVESTMENT OPPORTUNITY just blocks from Lake Michigan! Fully furnished and ready for immediate use, this unique 1870's property offers the flexibility today's investors are looking for, historic charm that sets it apart and modern convenience. You have the best of both worlds. Currently configured as two separate living spaces, the main level features 2 bedrooms and 2 bath, while the bright and sunny upper level offers 1 possible 2 bedrooms and 1 bath. Enjoy the deck surrounded by arborvitae, roses and hydrangeas. Best of all, BOTH levels are being sold completely furnished--making this a truly turnkey opportunity ready for your short term or long term rental strategy from day one. Original hardwood floors, doors and windows preserve the home's historic character, complemented by modern updates including quartz countertops and NEW appliances. Commercial zoning opens the door to additional possibilities. The location is exceptional, located directly across from the Lighthouse Place premium outlet mall and just blocks from Lake Michigan beaches, downtown dining, coffee shops, the Washington park zoo, Blue Chip casino and vibrant Arts District, with Indiana Dunes National Park nearby. Priceless location that gives visitors everything they come to Michigan city to enjoy. So many possibilities with this property: Live in one and rent the other, operate both as rentals, or explore the property's commercial potential. Furnished, flexible and positioned in the heart of Michigan City's tourism district--bring your strategy and start generating possibilities from day one!

Full Features

Basement:

Full,Unfinished

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Forced Air

Appliances:

Dryer, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Gas Water Heater, Gas Range, Dishwasher

Pool:

Age:

156 Years

Roof Type:

Shingle

Parking Type:

Driveway,Off Street,Detached,On Street,Garage Faces Front

Parking Spaces:

Garage:

Driveway,Off Street,Detached,On Street,Garage Faces Front

Water Front:

Square Feet:

2,112

Lot Size:

0.0829 Acres

Acreage:

0.0829

Taxes & Assessments

Tax Amount:

$2,254

Tax Year:

2025

Location

Zip Code:

46360

City:

Michigan City

County:

La Porte

Schools

School District(s):

Michigan City

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Basement:

Full,Unfinished

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Forced Air

Appliances:

Dryer, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Gas Water Heater, Gas Range, Dishwasher

Pool:

Age:

156 Years

Roof Type:

Shingle

Parking Type:

Driveway,Off Street,Detached,On Street,Garage Faces Front

Parking Spaces:

Garage:

Driveway,Off Street,Detached,On Street,Garage Faces Front

Water Front:

Square Feet:

2,112

Lot Size:

0.0829 Acres

Acreage:

0.0829

Tax Amount:

$2,254

Tax Year:

2025

Zip Code:

46360

City:

Michigan City

County:

La Porte

School District(s):

Michigan City

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: Blackrock Real Estate Services

Listing Office Phone: 219.262.0086

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 10/17/2026 at 11:04am. 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.