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$1,325,000

  • Sold
  • Closed
  • Commercial Multi-Family
  • 11,678 Sq. Ft.
  • Updated 2 days ago
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We are pleased to present 1710 Firestone Lane, an 8-unit townhome community in Valparaiso, Indiana, built in 2004. Each unit offers approximately 1,400 SF with 3 bedrooms, 2.5 baths, a private double-car garage, and in-unit laundry. A wonderful asset with clear room for rent growth. There is a potentially increase of 17 percent at the end of the current leases, which will produce just under an 8 percent pro forma cap rate. A 2024 roof replacement limits near-term capital needs. Located about 1.2 miles from Valparaiso University with sub-5 percent historical townhome vacancy, the property benefits from durable university- and medical-sector rental demand. With strong Northwest Indiana rental fundamentals and limited competing supply, 1710 Firestone Lane represents a compelling opportunity for investors seeking a turnkey asset that pairs dependable current income with clear rental-growth upside.

Full Property Details for 1710 Firestone Ln

General

  • Sold For: $1,325,000
  • Taxes: $26,015 (2024)
  • Status: Closed
  • Type: Commercial Multi-Family
  • Source: GNIAR
  • MLS ID: 843830
  • Added to Site: 51 day(s) ago

Interior

  • Interior Features: Other
  • Appliances: Dryer, Washer, Refrigerator, Range

Exterior

  • Exterior Features: Private Yard

Parking

  • Parking Features: Alley Access, On Street, Garage Faces Rear

Location

  • County: Porter
  • Township: Center
  • Driving Directions: Going west on Rt-30 Take a left on Washington street going north. Take a right going east on Lincolnway. Take a left going north on Marks Rd. Take a left on Firestone Ln. Property on the left

School Information

  • High School District: Valparaiso

Heating & Cooling

  • Heating Type: Forced Air

Structural Information

  • Square Feet: 11,678
  • Year Built: 2004

Lot Features

  • Lot Size (Acres): 0.742
  • Lot Size (Sq. Ft.): 32,322
  • Lot Features: Back Yard, Rectangular Lot, Near Public Transit, Few Trees, Corner Lot
  • Zoning: Residential

Financial Considerations

  • Tax Amount: $26,015
  • Tax Year: 2024
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: HEINOLD & FELLER COMMERCIAL PARK PARC C-1 & C-2 & C-3 DR494 P126 TIF COMB F9
  • Property ID: 641019330006000004

Listed by Ellsbury Group
Sold by Non Member

Listing agents

— 1710 Firestone Ln —

  • Ellsbury Group

  • Ellsbury Group

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1710 Firestone Ln

School District:Valparaiso Community Schools
NameGradesDistance
Parkview Elementary School, Valparaiso, IN
1405 Wood Street, Valparaiso, IN 46383
K-50.3 mi
Thomas Jefferson Middle School, Valparaiso, IN
1600 Roosevelt Road, Valparaiso, IN 46383
6-81 mi
Valparaiso High School
2727 Campbell Street, Valparaiso, IN 46385
9-122.2 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 1710 Firestone Ln

Date
Details
Price
Change
Source
9/29/2026
Sold
$1,325,000
-1.85%
MLS
8/13/2026
Listed
$1,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Ellsbury Group
Sold by Non Member

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1710 Firestone Lane, Valparaiso, IN 46383 (MLS# 843830) is a Commercial Multi-Family property that was sold at $1,325,000 on September 29, 2026. Want to learn more about 1710 Firestone Lane? Do you have questions about finding other Commercial Multi-Family real estate for sale in Valparaiso? You can browse all Valparaiso real estate or contact a Coldwell Banker agent to request more information.