111 S Porter Street, Michigan City, IN 46360
Cheneys Sub · La Porte County
Key Facts
Description
MOTIVATED SELLER! Three-unit multi-family property featuring two occupied units currently occupied. Unit 1-900 a month, unit 3- 700 a month each. With a little TLC the rent amount can increase to 1,000 per unit. The third unit is vacant and ready for rehab, offering immediate value-add opportunity and increase rental income potential. Major improvements have already been completed, including a new gutters, new roof, new siding, new windows for all units, new hot water heaters in two units, minimizing large upfront expenses for the next owner. Rents are below market value and could exceed 1,100 with some TLC.
Property Information
Property Type
Residential Income
Sub-Type
Triplex
Year Built
1900
Living Area
3,670 sq ft
Lot Size
0.25 acres
Days on Market
51
MLS® Listing#
839462
Property Features
Appliances
Cooling
Heating
Flooring
Basement
Parking
Lot Features
Roof
Sewer
Water Source
Financial Details
Annual Taxes
$1,322
Tax year 2024
Assessed Value
$66,100
Parcel Number
460128458017000022
Directions
Turn right off Michigan Blvd onto S Porter st arrive at 111 S Porter St located on the right side
Affordability Calculator
$33,800
Estimated monthly payment
$899/mo
Principal $135,200 · Est. interest $188,616 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Michigan City, IN
- $281,818
- Median Listing Price
- 51
- Median Days on Market
- 1,873
- Median Sq Ft
- $159
- Median Price / Sq Ft
- 147
- Active Listings
- This home’s price is 40% below the area median.
- Its price per sq ft is 71% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Michigan City, IN.
Location
Points of Interest in Michigan City, IN
Showing the Michigan City area map.
Nearby Schools
Queen of All Saints School
School · 0.5 mi away
Marsh Elementary School
Elementary · 0.6 mi away
A K Smith Area Career Center
Secondary · 0.7 mi away
Boys & Girls Clubs of La Porte County
School · 0.7 mi away
Elston Middle School
Elementary · 0.7 mi away
Akscissory
Secondary · 0.7 mi away
Michigan City Area Schools
School · 0.7 mi away
Wee Care
School · 0.9 mi away
Saint Stanislaus Kostka Catholic School
School · 0.9 mi away
St Paul Lutheran School
Secondary · 1.0 mi away
Marquette High School
Secondary · 1.1 mi away
Joy Elementary School
Elementary · 1.2 mi away
Michigan City Area Schools
School · 1.2 mi away
Lake Hills Elementary School
Elementary · 1.3 mi away
Edgewood Elementary School
Elementary · 1.3 mi away
Krueger Middle School
Secondary · 1.5 mi away
Barker Middle School
Secondary · 1.7 mi away
Knapp Elementary School
Elementary · 1.7 mi away
Ivy Tech Community College
School · 1.8 mi away
St John's Preschool
School · 2.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 207 Chicago Street, Michigan City, IN | $125,000 | 6 | — | — |
| 306 N Fulton Street, Parker City, IN | $137,900 | 5 | 2 | 2,442 |
| 105 Hancock Avenue, Michigan City, IN | $149,000 | 5 | 1 | 1,727 |
Moving Cost Estimate
EXIT Agents in Michigan City
Listing Courtesy: @properties/Christie's Intl RE - 2192432120
Presented by: Heather Conley
Last Updated: 2026-05-23