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$475,000
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Property Description
Turnkey 4-Unit Investment Opportunity in a Rapidly Growing Area! Don't miss this well-maintained four-unit income property offering strong rental demand and excellent long-term upside. Each unit features 2 bedrooms and 1 bathroom, providing spacious and comfortable layouts that appeal to a wide range of tenants. Located in the heart of it all, this property offers convenient access to the outlet mall, vibrant downtown, popular restaurants, casino, and the beach, making it an attractive location for tenants seeking both convenience and lifestyle amenities. The property features a clean exterior, ample parking, and easy access for residents. With significant development and growth happening throughout the immediate area, this asset presents an excellent opportunity for investors looking to add a stable income-producing property to their portfolio while benefiting from future appreciation. Whether you are a seasoned investor or looking to begin building your portfolio, this multi-unit property provides immediate rental income with long-term potential.
Full Property Details
Full Property Details for 413 E 10th St
General
- Sold For: $475,000
- Taxes: $3,500 (2024)
- Status: Closed
- Type: Multi-Family
- Source: GNIAR
- MLS ID: 835283
- Added to Site: 74 day(s) ago
Interior
- Interior Features: High Ceilings, Open Floorplan
- Appliances: Gas Range, Refrigerator, Microwave
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Exterior
- Exterior Features: Rain Gutters, Storage
Parking
- Parking Features: Concrete, Off Street
Location
- County: La Porte
- Township: Michigan
- Subdivision: Cobbs Add
- Driving Directions: 413 E 10th Steet Michigan City, IN N on Franklin - East on 10th - property on the right.
Heating & Cooling
- Heating Type: Forced Air
Structural Information
- Year Built: 1890
Lot Features
- Lot Size (Acres): 0.111
- Lot Size (Sq. Ft.): 4,835
- Lot Features: Paved
Financial Considerations
- Tax Amount: $3,500
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: 42-01-28-313-001 ORR & COBB 50 FT W END FRL BLK 11 BURRS N 1/2 LT 1 BLK 1 & VAC ALLEY N OF LT 1 BLK 1 TIF ASSMT #51
- Property ID: 460128313001000022
Listed by Seramur Properties, LLC
Sold by A.R.E. Partners Inc.
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Schools
Schools serving 413 E 10th St
School District:Michigan City Area Schools
| Name | Grades | Distance |
|---|---|---|
Marsh Elementary School, Michigan City, IN 400 East Homer Street, Michigan City, IN 46360 | K-6 | 0.5 mi |
Martin T Krueger Middle School 2001 Springland Avenue, Michigan City, IN 46360 | 7-8 | 2.2 mi |
Michigan City High School 8466 West Pahs Road, Michigan City, IN 46360 | 9-12 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 413 E 10th St
Date
Details
Price
Change
Source
5/12/2026
Sold
$475,000
1.28%
MLS
3/16/2026
Listed
$469,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
413 E 10th Street, Michigan City, IN 46360 (MLS# 835283) is a Multi-Family property that was sold at $475,000 on May 12, 2026. Want to learn more about 413 E 10th Street? Do you have questions about finding other Multi-Family real estate for sale in Michigan City? You can browse all Michigan City real estate or contact a Coldwell Banker agent to request more information.

