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508 Wabash Street, 
Michigan City, IN 46360

$440,000

4

Beds

3

Baths

-

Sq Ft

Multi-Family

Active

Listed by

Angela Carr

Blackrock Real Estate Services

219-262-0086

Last updated:

October 13, 2026, 04:10 PM

MLS#

846453

Source:

Northwest Indiana AOR as distributed by MLS GRID

About This Home

508 Wabash Street

TURNKEY INVESTMENT OPPORTUNITY just blocks from Lake Michigan! Fully furnished and ready for immediate use, this unique 1870's property offers the flexibility today's investors are looking for, historic charm that sets it apart and modern convenience. You have the best of both worlds. Currently configured as two separate living spaces, the main level features 2 bedrooms and 2 bath, while the bright and sunny upper level offers 1 possible 2 bedrooms and 1 bath. Enjoy the deck surrounded by arborvitae, roses and hydrangeas. Best of all, BOTH levels are being sold completely furnished--making this a truly turnkey opportunity ready for your short term or long term rental strategy from day one. Original hardwood floors, doors and windows preserve the home's historic character, complemented by modern updates including quartz countertops and NEW appliances. Commercial zoning opens the door to additional possibilities. The location is exceptional, located directly across from the Lighthouse Place premium outlet mall and just blocks from Lake Michigan beaches, downtown dining, coffee shops, the Washington park zoo, Blue Chip casino and vibrant Arts District, with Indiana Dunes National Park nearby. Priceless location that gives visitors everything they come to Michigan city to enjoy. So many possibilities with this property: Live in one and rent the other, operate both as rentals, or explore the property's commercial potential. Furnished, flexible and positioned in the heart of Michigan City's tourism district--bring your strategy and start generating possibilities from day one!

Home Facts

Multi-Family

3 Baths

4 Bedrooms

Built in 1870

Subdivision & Development:

Elstos

Price Summary

440,000

MLS #:

846453

Last Updated:

October 13, 2026, 04:10 PM

Added:

7 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

3

Structure

Structure

Year Built:

1870

Lot

Lot Size (Sq. Ft):

3,611

Finances & Disclosures

Finances

Price:

$440,000

Source:Northwest Indiana AOR as distributed by MLS GRID
Based on information submitted to the MLS GRID as of October 13, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
See this home in person
508 Wabash Street
Attend an upcoming open house
Wed, Oct 14
12:00 PM - 03:00 PM

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.