1326-40 Lake Charles Avenue, Porter, IN 46304
New Listing
$2,450,000
Property Type:
Commercial Sale
Square Footage:
21,280
Lot Size (sq. ft.):
73,616
Status:
Active
Current Price:
$2,450,000
List Date:
9/01/2026
Last Modified:
9/01/2026
Overview
Description
Open Houses
- Tomorrow, 2:00 pm - 4:30 pm
Listing Details MLS# 844656
General Property Information
- Number Of Units Total
- 16
- Living Area
- 21280
- Building Area Source
- Assessor
- Year Built
- 2000
- Year Built Details
- 1365-1379 Lawson Ln: 1999
- Parking Total
- 32
- Lot Size Acres
- 1.69
- Lot Size Square Feet
- 73616.4
- Lot Size Source
- Assessor
- Waterfront YN
- No
- Basement YN
- No
- Stories
- 2
Property Features
Building Features:
Multi Tenant
Business Type:
Other
Construction Materials:
Vinyl Siding
Cooling:
Central Air
Current Use:
Multi-Family
Electric:
Circuit Breakers
Heating:
Natural Gas
Listing Terms:
Cash; Other
Owner Pays:
Grounds Care; Snow Removal
Parking Features:
Off Street
Possession:
Subject To Tenant Rights
Possible Use:
Multi-Family
Rail Availability:
None
Roof:
Shingle
Sewer:
Public Sewer
Special Listing Conditions:
None
Tenant Pays:
Electricity; Gas; Sewer; Trash Collection; Water
Utilities:
Cable Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
View:
Neighborhood
Water Source:
Public
Contract Information
- Auction YN
- No
- Original List Price
- 2450000
- Property Sub Type
- Multi Family
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
Location Tax and Legal
- Street Number
- 1326-40
- Street Name
- Lake Charles
- Street Suffix
- Avenue
- County
- Porter
- State
- IN
- Postal Code
- 46304
Remarks and Miscellaneous
- Public Remarks
- Excellent multifamily investment opportunity in Porter consisting of 16 townhome-style units across two nearby properties: 1326-1340 Lake Charles Ave and 1365-1379 Lawson Ln. The portfolio offers approximately 21,280 SF of total building area on approximately 1.69 combined acres. All 16 units feature spacious 2-bedroom, 1.5-bath layouts with in-unit laundry hookups, private outdoor space and individually metered utilities. Tenants are responsible for electric, gas, water/sewer and trash, helping maintain a low owner expense load. The Lawson property also includes six detached garage spaces providing additional income potential. Conveniently located near I-94, US-20, the South Shore Line and Indiana Dunes National Park. Strong opportunity to acquire a sizable multifamily portfolio in an established Northwest Indiana rental market. Sale includes both properties for a total of 16 units. Contact listing broker for offering memorandum, financials and additional information.
Status Change Information
- Major Change Timestamp
- 2026-09-01T21:58:33Z
- Major Change Type
- New Listing
- Status Change Timestamp
- 2026-09-01
More Information
Exemption Information
- Exemption YN
- No
Showing Requirements
- Showing Instructions
- Property Tours will be held on Thursday, September 3rd from 2pm-4:30pm
Listing Office:
Ellsbury Group
Last Updated: September - 01 - 2026
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