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5 Beds
3 Baths

$315,000

1213-15 Franklin St, Michigan City IN, 46360

Price per sqftN/A
Property typeMulti-family

Overview

Active

Listed Aug 2, 2024

Updated 4 weeks ago

Amazing opportunity to own a mixed-use building. This is a two unit- residential apartment building with a storefront Total 3 units. This building has so much potential! Open up a business and owner occupy one of the apartments or for cashflow and investment! The units have been updated and feature newer bathrooms, new appliances and in-unit washer /dryer for apartments. . Newly installed furnaces and central ac for all 3 units. The first floor - 2 bedrms 1 bthrm . 2nd flr -2 bedrm 2 bthrms . attached store facing Franklin. Well kept and ready for new tenants. Walking distance to the $80 million 12 story mixed use development that will include the new South Shore Train Station, approximately 200 luxury apartments, roof top garden, retail and restaurant space, and multiple parking structures. New double track train line gets you to Chicago in 60 minutes. This is a great (growing) location!! Minutes from the lake front, light house outlet malls and the uptown arts district. A Must See!!

$2,096/mo

Est. mortgage payment based on a $315,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
807936
Available since
August 2, 2024

Interior Features

Bedrooms
5
Bathrooms
3
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.11 Acres

Other Property Details

Taxes
$2,551
Tax Frequency
Annually

 

Courtesy of

Based on information from DASH - Coldwell Banker (CB) as of 9/11/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

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Data last updated 10:43 PM UTC, 9/11/2026

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