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$797,000
963 Days On Site

715 W Ashland Street
Michigan City, IN 46360

For Sale|Mixed Use|Active
0
Beds
0
Full Baths
0
Partial Baths
5,773
SqFt
$138
/SqFt
1910
Built
Subdivision:
Orr & Cobbs Add
County:
La Porte
Listing courtesy of Matt Evans of RE/MAX Lifestyles matt@themattevansteam.com as distributed by MLS GRID
715 W Ashland Street715 W Ashland Street715 W Ashland Street715 W Ashland Street
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Mortgage Calculator

Monthly Payment (Est.)

$3,636
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

Unique opportunity to acquire a turnkey single family investment home collection in the energized Lake Michigan community of Michigan City, Indiana. Currently going through transformative redevelopment projects related to the shoreline and the South Shore double-tracking project, Michigan City is seeing great interest and investment, to the tune of hundreds of millions in new projects. This downtown housing collection offers an investor a turnkey opportunity to get a 9.1 CAP on the investment. Currently consists of 5 homes & 1 lot ready for your ownership. Tenants pay all utilities. Laundry machines are not included in the sale, but most kitchen appliances are. Out of respect to our seller and tenants, only qualified buyers with POF and signed NDA may receive list of properties and property rent roll.

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Listing Snapshot
Price 
$797,000
Days On Site 
963 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,773 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.21 Acres
Year Built 
1910
MLS® Number 
518862
Status 
Active
Property Tax 
$11,558
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
4 months agoPrice changed to $797,000
3 years agoStatus changed to Active
3 years agoListing first seen on site
General Features
Acres 
1.21
Additional Property Use 
Multi-FamilySingle Family
Foundation 
See Remarks
Parking 
Other
Parking Spaces 
5
Property Sub Type 
Mixed Use
Utilities 
Electricity ConnectedSewer ConnectedWater ConnectedOtherNatural Gas ConnectedNatural Gas Available
Zoning 
Residential
Interior Features
Cooling 
Central AirWindow Unit(s)
Heating 
Forced Air
Interior 
Elevator
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Exterior Features
Construction Details 
Other
Road Frontage 
City Street
Roof 
MixedOther
Community Features
Financing Terms Available 
CashConventional
Township 
Michigan
Listing courtesy of Matt Evans of RE/MAX Lifestyles matt@themattevansteam.com as distributed by MLS GRID



Listing information is provided by Participants of the Greater Northwest Indiana Association of REALTORS MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Greater Northwest Indiana Association of REALTORS MLS.

Based on information submitted to the MLS GRID as of 2025-04-19 07:45 PM UTC. 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.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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