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$255,000
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Property Description
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
Full Property Details for 308 Brown St
General
- Sold For: $255,000
- Taxes: $6,804 (2024)
- Status: Closed
- Type: Multi-Family
- Source: GNIAR
- MLS ID: 841940
- Added to Site: 48 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
Sold by Listing Leaders
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Schools
Schools serving 308 Brown St
School District:Valparaiso Community Schools
| Name | Grades | Distance |
|---|---|---|
Central Elementary School, Valparaiso, IN 653 Hayes Leonard Road, Valparaiso, IN 46385 | K-5 | 2 mi |
Benjamin Franklin Mid School 605 Campbell Street, Valparaiso, IN 46385 | 6-8 | 0.8 mi |
Valparaiso High School 2727 Campbell Street, Valparaiso, IN 46385 | 9-12 | 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 308 Brown St
Date
Details
Price
Change
Source
8/14/2026
Sold
$255,000
-13.56%
MLS
7/13/2026
Price Reduced
$295,000
-6.35%
MLS
7/08/2026
Listed
$315,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
308 Brown Street, Valparaiso, IN 46383 (MLS# 841940) is a Multi-Family property that was sold at $255,000 on August 14, 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.

