118 Dewey Street, Michigan City, IN 46360

$209,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,587 Lot Size (sq. ft.): 5,663 Status: Active
Current Price: $209,000 List Date: 4/16/2026 Last Modified: 4/16/2026

Overview

Description

Turnkey income-producing property in Michigan City! This newly updated 3-bedroom, 1.5-bath home offers immediate cash flow, currently rented at 1,500 per month. Featuring over 1,500 square feet of living space, the home has been recently rehabbed with major improvements already completed, making it a low-maintenance addition to any investor's portfolio. The layout includes a full bath upstairs and a convenient half bath on the main level, with spacious living areas and plenty of natural light throughout. Built on solid bones with modern updates, this property provides both stability and long-term upside. Located in an established Michigan City neighborhood with easy access to local amenities, this is an ideal opportunity for investors seeking steady rental income or buyers looking to expand their portfolio with a move-in-ready asset. Choice Home warranty covers everything including appliances, HVAC, Hot water heater, and plumbing until Nov 25th 2027

Listing Details MLS# 837225

General Property Information

New Construction YN
No
Bedrooms Total
3
Bathrooms Full
Yes
Bathrooms Half
Yes
Bathrooms Total
2
Rooms Total
6
Above Grade Finished Area
1587
Below Grade Unfinished Area
826
Living Area
1587
Year Built
1905
Garage YN
No
Lot Size Acres
0.13
Lot Size Square Feet
5662.8
Lot Size Source
Public Records
Association YN
No
Waterfront YN
No
Basement YN
Yes
Fireplace YN
No
Bathrooms Three Quarter
0
Below Grade Finished Area
0

Property Features

Appliances: Gas Range; Refrigerator Basement: Unfinished Cooling: Central Air Electric: 100 Amp Service Fencing: Back Yard Flooring: Laminate Heating: Forced Air Interior Features: Ceiling Fan(s); Recessed Lighting Laundry Features: Washer Hookup Levels: 1.5 Sty/Cape Cod Listing Terms: Cash; Conventional; FHA; VA Loan Lot Features: Back Yard; Private Parking Features: On Street Possession: Close Of Escrow Roof: Shingle Sewer: Public Sewer Special Listing Conditions: None View: Neighborhood Water Source: Public Room Types: Bedroom 2; Bedroom 3; Dining Room; Kitchen; Living Room; Primary Bedroom

Contract Information

Original List Price
209000
Auction YN
No
Property Sub Type
Single Family Residence
Property Attached YN
No
Listing Agreement
Exclusive Right To Sell
Owner Name
7 Hills LLC
Occupant Type
Tenant

Location Tax and Legal

Street Number
118
Street Name
Dewey
Street Suffix
Street
County
La Porte
State
IN
Postal Code
46360
Subdivision Name
Woods Park Add

Remarks and Miscellaneous

Public Remarks
Turnkey income-producing property in Michigan City! This newly updated 3-bedroom, 1.5-bath home offers immediate cash flow, currently rented at 1,500 per month. Featuring over 1,500 square feet of living space, the home has been recently rehabbed with major improvements already completed, making it a low-maintenance addition to any investor's portfolio. The layout includes a full bath upstairs and a convenient half bath on the main level, with spacious living areas and plenty of natural light throughout. Built on solid bones with modern updates, this property provides both stability and long-term upside. Located in an established Michigan City neighborhood with easy access to local amenities, this is an ideal opportunity for investors seeking steady rental income or buyers looking to expand their portfolio with a move-in-ready asset. Choice Home warranty covers everything including appliances, HVAC, Hot water heater, and plumbing until Nov 25th 2027

Status Change Information

Major Change Timestamp
2026-04-16T21:29:24Z
Major Change Type
New Listing
Status Change Timestamp
2026-04-16

More Information

Bathroom Totals

Main 1/2
Yes
Upper Full
Yes

Exemption Information

Exemption YN
No

Square Footage Information

Upper Level Finished SqFt
761
Main Level Finished SqFt
826
Lower Level Finished SqFt
0
Basement Level Finished SqFt
0

Showing Requirements

Showing Instructions
Tenants will allow access to property for showings. Please allow 24-48 hours for showing request.

Room Types

Bedroom 2 Level
Upper
Bedroom 3 Level
Upper
Dining Room Level
Main
Kitchen Level
Main
Living Room Level
Main
Primary Bedroom Level
Upper
Bedroom 2
Yes
Bedroom 3
Yes
Dining Room
Yes
Kitchen
Yes
Living Room
Yes
Primary Bedroom
Yes

Location, Tax, and Legal

Tax Annual Amount
2130
Tax Year
2024
Tax Assessed Value
106500
Tax Legal Description
42-01-28-487-004 WOODS PARK LT 4 BLK 4.
Parcel Number
460128487004000022
Township
Michigan
Directions
Going West on Michigan Blvd make a right turn onto Dewey St, the home is located on the left side
Census Tract
407

Appliances

Gas Range
Yes
Refrigerator
Yes

Basement

Unfinished
Yes

Cooling

Central Air
Yes

Electric

100 Amp Service
Yes

Fencing

Back Yard
Yes

Flooring

Laminate
Yes

Heating

Forced Air
Yes

Interior Features

Ceiling Fan(s)
Yes
Recessed Lighting
Yes

Laundry Features

Washer Hookup
Yes

Levels

1.5 Sty/Cape Cod
Yes

Listing Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA Loan
Yes

Lot Features

Back Yard
Yes
Private
Yes

Parking Features

On Street
Yes

Possession

Close Of Escrow
Yes

Roof

Shingle
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

None
Yes

View

Neighborhood
Yes

Water Source

Public
Yes

Room Information

Room Name Level Length Width
Primary Bedroom Upper 11.00 17.00
Bedroom 2 Upper 14.00 7.00
Bedroom 3 Upper 7.00 10.00
Dining Room Main 13.00 10.00
Living Room Main 14.00 20.00
Kitchen Main 9.20 14.80
Listing Office: @properties/Christie's Intl RE
Last Updated: April - 16 - 2026
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