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$4,200,000
44 Days On Site

1230 Lake Charles Avenue
Porter, IN 46304

Multi Family|Pending
0
Beds
0
Total Baths
37,240
SqFt
$113
/SqFt
1995
Built
County:
Porter
Listing courtesy of Tariq Suboh of Ellsbury Group Tariq@EllsburyGroup.com as distributed by MLS GRID
1230 Lake Charles Avenue1230 Lake Charles Avenue1230 Lake Charles Avenue1230 Lake Charles Avenue
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Rare opportunity to acquire a 28-unit multifamily portfolio in Porter, Indiana, consisting of three townhome-style properties totaling approximately 37,240 SF. The portfolio includes one 12-unit property and two 8-unit properties, with all units featuring 2-bedroom, 1.5-bath layouts. Properties are individually metered, with tenants responsible for electric, gas, water/sewer and trash, creating a low owner expense structure. Private outdoor space, in-unit laundry hookups and additional garage income enhance the offering. Strong in-place income with additional upside through continued rent growth. Conveniently located near I-94, US-20, the South Shore Line and Indiana Dunes National Park. Properties are available for purchase as a complete 28-unit portfolio or individually. Excellent opportunity for an investor seeking immediate scale in Northwest Indiana's multifamily market.

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Listing Snapshot
Price 
$4,200,000
Days On Site 
44 Days
Bedrooms 
N/A
Inside Area (SqFt) 
37,240 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
3.33 Acres
Year Built 
1995
MLS® Number 
844657
Status 
Pending
Property Tax 
$61,090
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 days agoListing updated with changes from the MLS®
3 days agoStatus changed to Pending
a month agoListing first seen on site
General Features
Acres 
3.33
Additional Property Use 
Multi-Family
Building Features 
Multi Tenant
Number Of Stories 
2
Parking Spaces 
69
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Utilities 
Electricity ConnectedWater ConnectedSewer ConnectedNatural Gas Connected
Water Source 
Public
Interior Features
Cooling 
Central Air
Electric 
Circuit Breakers
Heating 
Natural Gas
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Exterior Features
Construction Details 
Vinyl Siding
Roof 
Shingle
View 
Neighborhood
Waterview 
Neighborhood
Community Features
Township 
Westchester
Financing Terms Available 
Cash
Listing courtesy of Tariq Suboh of Ellsbury Group Tariq@EllsburyGroup.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 2026, Greater Northwest Indiana Association of REALTORS MLS.

Based on information submitted to the MLS GRID as of 2026-10-15 11:36 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
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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