1710 Firestone Lane, Valparaiso, IN 46383
$1,350,000
Property Type:
Commercial Sale
Square Footage:
11,678
Lot Size (sq. ft.):
32,322
Status:
Active
Current Price:
$1,350,000
List Date:
8/13/2026
Last Modified:
8/24/2026
Overview
Description
Open Houses
- Thursday, August 27, 2:30 pm - 4:00 pm
Listing Details MLS# 843830
General Property Information
- Number Of Units Total
- 8
- Living Area
- 11678
- Building Area Source
- Assessor
- Accessibility Features YN
- No
- Year Built
- 2004
- Parking Total
- 16
- Lot Size Acres
- 0.742
- Lot Size Square Feet
- 32322
- Lot Size Source
- Assessor
- Waterfront YN
- No
- Basement YN
- No
- Stories
- 2
Property Features
Appliances:
Dryer; Range; Refrigerator; Washer
Building Features:
Exterior Lighting; Multi Tenant
Business Type:
Other
Construction Materials:
Brick
Cooling:
Central Air
Current Use:
Multi-Family
Electric:
Circuit Breakers
Exterior Features:
Private Yard
Flooring:
Carpet; Vinyl
Foundation Details:
Slab
Heating:
Forced Air
Interior Features:
Other
Laundry Features:
Gas Dryer Hookup; Laundry Room; Main Level; Washer Hookup
Listing Terms:
Cash; Conventional
Lot Features:
Back Yard; Corner Lot; Few Trees; Near Public Transit; Rectangular Lot
Owner Pays:
Exterior Maintenance; HVAC Maintenance; Insurance; Management; Roof Maintenance; Sewer; Snow Removal; Taxes; Trash Collection
Parking Features:
Alley Access; Garage Faces Rear; On Street
Possession:
Close Of Escrow
Possible Use:
Multi-Family
Rail Availability:
None
Roof:
Shingle
Security Features:
Smoke Detector(s)
Sewer:
Public Sewer
Special Listing Conditions:
Standard; None
Tenant Pays:
Electricity; Gas; Hot Water; Water
Utilities:
Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
View:
Neighborhood; None
Water Source:
Public
Contract Information
- Auction YN
- No
- Original List Price
- 1350000
- Property Sub Type
- Multi Family
- Listing Agreement
- Exclusive Right To Sell
- Seller to consider offering concessions
- No
- Common Interest
- None
- Occupant Type
- Tenant
Location Tax and Legal
- Street Number
- 1710
- Street Name
- Firestone
- Street Suffix
- Lane
- County
- Porter
- State
- IN
- Postal Code
- 46383
Remarks and Miscellaneous
- Public Remarks
- We are pleased to present 1710 Firestone Lane, an 8-unit townhome community in Valparaiso, Indiana, built in 2004. Each unit offers approximately 1,400 SF with 3 bedrooms, 2.5 baths, a private double-car garage, and in-unit laundry. A wonderful asset with clear room for rent growth. There is a potentially increase of 17 percent at the end of the current leases, which will produce just under an 8 percent pro forma cap rate. A 2024 roof replacement limits near-term capital needs. Located about 1.2 miles from Valparaiso University with sub-5 percent historical townhome vacancy, the property benefits from durable university- and medical-sector rental demand. With strong Northwest Indiana rental fundamentals and limited competing supply, 1710 Firestone Lane represents a compelling opportunity for investors seeking a turnkey asset that pairs dependable current income with clear rental-growth upside.
Status Change Information
- Major Change Timestamp
- 2026-08-13T19:34:02Z
- Major Change Type
- New Listing
- Status Change Timestamp
- 2026-08-13
More Information
Exemption Information
- Exemption YN
- No
Income and Expenses
- Gross Income
- 147960
- Net Operating Income
- 82585
Showing Requirements
- Showing Instructions
- Call Listing Agent
Listing Office:
Ellsbury Group
Last Updated: August - 24 - 2026
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