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$315,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 4 Total Beds
  • Updated 1 day ago
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Fantastic investment opportunity in the heart of Downtown Valparaiso! This fully occupied duplex generates 32,400 in annual gross rental income and has a strong rental history. The upper unit is leased through the end of August, offering a great opportunity for an owner-occupant looking to house hack while maintaining rental income. Conveniently located just minutes from downtown shops, restaurants, parks, and Valparaiso University, this is an excellent addition to any investment portfolio.

Full Property Details for 308 Brown St

General

  • Price: $315,000
  • Taxes: $6,804 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: GNIAR
  • MLS ID: 841940
  • Updated: 7/9/2026
  • Added to Site: 1 day(s) ago

Interior

  • Number of Rooms: 10
  • Interior Features: Ceiling Fan(s), Country Kitchen, Soaking Tub, Pantry, Eat-in Kitchen, Crown Molding
  • Appliances: Dryer, Washer, Stainless Steel Appliance(s), Refrigerator, Gas Water Heater, Gas Range, Freezer

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Exterior

  • Exterior Features: Storage

Parking

  • Parking Features: Concrete, Off Street

Location

  • County: Porter
  • Township: Center
  • Subdivision: Valparaiso
  • Driving Directions: Lincolnway to Valparaiso St. South to Brown St. Property is on SW corner of the intersection.

Community

  • Pets Allowed: Yes

Heating & Cooling

  • Heating Type: Hot Water

Structural Information

  • Year Built: 1920

Lot Features

  • Lot Size (Acres): 0.091
  • Lot Size (Sq. Ft.): 3,964
  • Lot Features: Corner Lot, Landscaped

Financial Considerations

  • Tax Amount: $6,804
  • Tax Year: 2024
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: O S N66 E60 OUTLOT 7
  • Property ID: 640924387006000004

Listed by Listing Leaders Northwest

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— 308 Brown St —

  • Listing Leaders Northwest

  • Listing Leaders Northwest

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 308 Brown St

School District:Valparaiso Community Schools
NameGradesDistance
Central Elementary School, Valparaiso, IN
653 Hayes Leonard Road, Valparaiso, IN 46385
K-52 mi
Benjamin Franklin Mid School
605 Campbell Street, Valparaiso, IN 46385
6-80.8 mi
Valparaiso High School
2727 Campbell Street, Valparaiso, IN 46385
9-122 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 308 Brown St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/08/2026
Listed
$315,000
133.33%
MLS
8/12/2019
Sold
$135,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 308 Brown St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,824
—
$278,400
-1%
2024
$6,824
11%
$281,300
13%
2023
$6,123
10%
$249,000
10%
2022
$5,580
14%
$225,800
18%
2021
$4,882
8%
$190,600
10%
2020
$4,510
4%
$173,200
6%
2019
$4,322
31%
$163,800
31%
2018
$3,299
2%
$124,900
2%
2017
$3,233
—
$122,500
5%
2017
$3,233
13%
$117,200
6%
2016
$2,852
4%
$111,000
-1%
2015
$2,732
-5%
$112,000
6%
2013
$2,872
4%
$105,900
4%
2012
$2,758
—
$102,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Listing Leaders Northwest

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308 Brown Street, Valparaiso, IN 46383 (MLS# 841940) is a Multi-Family property with units containing 4 bedrooms and 2 full bathrooms. 308 Brown Street is currently listed for $315,000 and was received on July 08, 2026. Want to learn more about 308 Brown Street? Do you have questions about finding other 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.

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