308 Jefferson Avenue

La Porte, IN 46350

$129,000
Price
2
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This well-maintained 2-flat investment property offers steady cash flow with strong upside potential. Both units are 1 bed, 1 bath, currently rented at $750 per month each, providing $1,500 per month in total rental income. Unit 1: First-floor, leased until 7/31/2025. Unit 2: Second-floor, leased until 11/30/2024. With market rents in the area reaching $900 per month, there's significant potential for increased income. Priced attractively at $144,000, this property offers immediate cash flow with...This well-maintained 2-flat investment property offers steady cash flow with strong upside potential. Both units are 1 bed, 1 bath, currently rented at $750 per month each, providing $1,500 per month in total rental income. Unit 1: First-floor, leased until 7/31/2025. Unit 2: Second-floor, leased until 11/30/2024. With market rents in the area reaching $900 per month, there's significant potential for increased income. Priced attractively at $144,000, this property offers immediate cash flow with room to grow. Ideal for investors looking for a stable, long-term investment!
  1. Listed by Lisa Jahjah • Ellsbury Commercial Group LLC
    P: (312)-772-0939 C: (312)-772-0939 lisa.jahjah@ellsburygroup.com

Property Details for 308 Jefferson Avenue

Subdivision
4602550-043
Pets Allowed
Yes
LISTING UPDATED: 11/13/2024 09:47 AM

Property Details for 308 Jefferson Avenue

StatusActive
MLS #811378
Days on Market44
Taxes$1,771 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1926
Lot Size0.09 AC / 3,872 SF
CountyLaPorte County

Building Information for 308 Jefferson Avenue

Stories-Residences2Year Built1926Building Size-Lot Size0.09 AC / 3,872 SF

Property Information for 308 Jefferson Avenue

Summary
Location and General Information
  • City/Town: La Porte
  • State: IN
  • Township: Center
  • ZIP: 46350
  • Latitude: 41.61
  • Longitude: -86.72
  • County: La Porte
Taxes and HOA
  • Annual Tax Amount: $1,771.00
  • APN/Key #: 460636311004000043
  • Tax Year: 2023
  • Tax Legal Description: 05-06-36-311-004 32 FT W SD MID 1/3 N 1/2 BLK NOT NUM W 1/2 SW 1/4 WALKERS 2ND
Parking
  • Garage Description: Driveway
Property
Lot Information
  • Lot Square Footage: 3,872.00
  • Square Footage Source: Assessor
  • Acres: .09
Property and Assessments
  • Property Type: Residential Income
  • Property Subtype 1: Duplex
  • Year Built: 1926
  • Lot Description: Back Yard, Front Yard
Utilities
  • Electric: Separate Meters
Interior and Exterior Features
Exterior Features
  • Exterior Features: Private Yard
  • Levels: Two
Interior Features
  • Appliances: Oven, Refrigerator
  • Basement Type: Concrete
  • Basement: Yes
  • Total Full Baths: 2
  • Bedrooms: 2
  • Basement Sq Ft: 0.0
  • Cooling: Wall/Window Unit(s)
  • Flooring: Carpet, Tile
  • Heat Type: Floor Furnace
  • Interior Features: None
Multi Family
Multi-Family Information
  • # of Units: 2

Property History for 308 Jefferson Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 308 Jefferson Avenue

Taxable ValueLand$6,800Additions$75,500Total$82,300
Tax Record2023$1,686 ($140 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,440 SqFtAbove Grade Finished SqFt1,440 SqFtStories2Lot Size3,872 SqFtStyleSingle Family ResidenceYear Built1926CountyLAPORTEAPN46-06-36-311-004.000-043

Schools near 308 Jefferson Avenue

This home is within Laporte Community School Corp.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - PK to 12
Public - 6 to 8
Public - 7 to 8
Rating
School
Distance
Lincoln Elementary School
PublicPK to 4

Laporte High School
PublicPK to 12

Paul F Boston Middle School
Public6 to 8

Laporte Middle School
Public7 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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308 Jefferson Avenue is a multi-family home for sale in La Porte, IN 46350. This property was listed for sale on October 8, 2024 by Ellsbury Commercial Group LLC, it's currently listed at $129,000. It has been on the market for a total of 44 days and was last sold on December 21, 2021. This listing's school district is Laporte Community School Corp. Nearby schools include Lincoln Elementary School, Laporte High School and Paul F Boston Middle School. 308 Jefferson Avenue is a 2-bed, 2-bath, multi-family home built in 1926.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ellsbury Commercial Group LLC

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS, Northwest Indiana REALTORS® Association Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association, Northwest Indiana REALTORS® AssociationSoutheastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.