Date
Details
Price
Change
Source
6/15/2026
Listed
$405,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$405,000 Just Listed
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Property Description
Don't miss this opportunity to own a four-unit residential income property offering immediate rental income and long-term appreciation potential. This multifamily property features four separate units with a mix of layouts, providing broad tenant appeal and stable occupancy. This property presents an excellent opportunity for both seasoned investors and owner-occupants looking to offset living expenses with rental income. Located in desirable downtown Valparaiso, the property is close to dining, shopping, parks, and so much more.
Full Property Details
Full Property Details for 509 Union St
General
- Price: $405,000
- Taxes: $6,558 (2024)
- Status: Active
- Type: Multi-Family
- Source: GNIAR
- MLS ID: 840682
- Updated: 6/15/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: None
- Appliances: Gas Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Parking
- Parking Features: Gravel, Off Street, On Street
Location
- County: Porter
- Township: Center
- Subdivision: Johnsons Sub
- Driving Directions: 509 Union Street Valparaiso, IN 46383
Community
- Pets Allowed: Yes
Heating & Cooling
- Heating Type: Hot Water
Structural Information
- Year Built: 1880
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,841
- Lot Features: Front Yard
Financial Considerations
- Tax Amount: $6,558
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: JOHNSONS SUB OF BLK 18 OF WOODHULLS ADD LOTS 4 & 5
- Property ID: 640924460007000004
Listed by Evolution Real Estate Solution
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NMLS#: 1598647
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Schools
Schools serving 509 Union St
School District:Valparaiso Community Schools
| Name | Grades | Distance |
|---|---|---|
Central Elementary School, Valparaiso, IN 653 Hayes Leonard Road, Valparaiso, IN 46385 | K-5 | 2.1 mi |
Benjamin Franklin Mid School 605 Campbell Street, Valparaiso, IN 46385 | 6-8 | 0.9 mi |
Valparaiso High School 2727 Campbell Street, Valparaiso, IN 46385 | 9-12 | 2.1 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 509 Union St
Tax History
Tax History for 509 Union St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,638
—
$264,500
-2%
2024
$6,638
11%
$271,100
13%
2023
$5,958
9%
$239,800
9%
2022
$5,473
12%
$219,000
17%
2021
$4,873
8%
$187,900
10%
2020
$4,510
4%
$170,900
5%
2019
$4,345
3%
$162,400
3%
2018
$4,204
1%
$157,100
1%
2017
$4,148
—
$155,100
3%
2017
$4,148
11%
$150,800
6%
2016
$3,724
4%
$142,700
1%
2015
$3,566
2%
$141,100
9%
2013
$3,492
—
$129,400
—
2012
$3,492
—
$129,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 509 Union St
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- Single Family
- Active
- Updated 4 days ago
- 2Beds
- 2Total Baths
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- Updated 5 days ago
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- Updated 2 days ago
- 4Beds
- 3Total Baths
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Listed by Copper Bay Realty, LLC
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- Single Family
- Closed
- 3Beds
- 3Total Baths
- 1,852Sq. Ft.
Listed by Coldwell Banker Real Estate Gr
Sold by BluKey Realty
Sold by BluKey Realty
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- Closed
- Updated 1 day ago
- 4Beds
- 2Total Baths
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Listed by Realty Executives Premier
Sold by McColly Real Estate
Sold by McColly Real Estate
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Listed by Realty Executives Premier
Sold by Coldwell Banker Real Estate Gr
Sold by Coldwell Banker Real Estate Gr
- Condo
- Closed
- 2Beds
- 3Total Baths
- 1,687Sq. Ft.
Listed by BHHS Indiana Realty
Sold by Listing Leaders
Sold by Listing Leaders
509 Union Street, Valparaiso, IN 46383 (MLS# 840682) is a Multi-Family property with units containing 5 bedrooms and 4 full bathrooms. 509 Union Street is currently listed for $405,000 and was received on June 15, 2026. Want to learn more about 509 Union 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.