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509 Union Street, 
Valparaiso, IN 46383

$395,000

5

Beds

4

Baths

-

Sq Ft

Multi-Family

Active

Listed by

Madison Jirtle

, 

Kenneth Blaney

Evolution Real Estate Solution

219-462-0141

Last updated:

August 8, 2026, 02:39 PM

MLS#

840682

Source:

Northwest Indiana AOR as distributed by MLS GRID

About This Home

509 Union Street

Don't miss this opportunity to own a four-unit residential income property offering immediate rental income and long-term appreciation potential. This multifamily property features four separate units with a mix of layouts, providing broad tenant appeal and stable occupancy. This property presents an excellent opportunity for both seasoned investors and owner-occupants looking to offset living expenses with rental income. Located in desirable downtown Valparaiso, the property is close to dining, shopping, parks, and so much more.

Home Facts

Multi-Family

4 Baths

5 Bedrooms

Built in 1880

Subdivision & Development:

Johnsons Sub

Price Summary

395,000

MLS #:

840682

Last Updated:

August 8, 2026, 02:39 PM

Added:

1 month(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Structure

Structure

Year Built:

1880

Lot

Lot Size (Sq. Ft):

7,840

Finances & Disclosures

Finances

Price:

$395,000

Source:Northwest Indiana AOR as distributed by MLS GRID
Based on information submitted to the MLS GRID as of August 8, 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.

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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.