Fantastic investment opportunity in the heart of Downtown Valparaiso! This fully occupied duplex generates 32,400 in annual gross rental income and has a strong rental history. The upper unit is leased through the end of August, offering a great opportunity for an owner-occupant looking to house hack while maintaining rental income. Conveniently located just minutes from downtown shops, restaurants, parks, and Valparaiso University, this is an excellent addition to any investment portfolio.
Active
$315,000
308 Brown St, Valparaiso, IN 46383
4beds
--sqft
Duplex
Built in 1920
-- sqft lot
$305,700 Zestimate®
$--/sqft
$-- HOA
What's special
- 19 hours |
- 139 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Melissa Andress,
Listing Leaders Northwest 219-961-5478,
Anil Bhalla,
Listing Leaders Northwest
Source: NIRA as distributed by MLS GRID,MLS#: 841940
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Hot Water
Appliances
- Included: Dryer, Washer, Stainless Steel Appliance(s), Refrigerator, Gas Water Heater, Freezer
- Laundry: Gas Dryer Hookup, Washer Hookup, Sink, Laundry Room, Lower Level
Features
- Ceiling Fan(s), Country Kitchen, Soaking Tub, Pantry, Eat-in Kitchen, Crown Molding
- Windows: Aluminum Frames, Wood Frames
- Basement: Full,Storage Space,Sump Pump
- Has fireplace: No
Interior area
- Finished area above ground: 2,640
Property
Parking
- Total spaces: 3
- Parking features: Concrete, Off Street
Features
- Levels: One
- Patio & porch: Front Porch
- Exterior features: Storage
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 3,963 Square Feet
- Features: Corner Lot, Landscaped
Details
- Parcel number: 640924387006000004
- Special conditions: Agent Owned
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Valparaiso
HOA
- Has HOA: No
Location
- Region: Valparaiso
Financial & listing details
- Tax assessed value: $278,400
- Annual tax amount: $6,804
- Date on market: 7/9/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
$305,700
$290,000 - $321,000
$1,775/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2026 | Listed for sale | $315,000+118.8% |
Source:  NIRA as distributed by MLS GRID #841940 Report a problem | ||
| 6/18/2020 | Listing removed | $1,250 |
Source: Zillow Rental Manager Report a problem | ||
| 6/16/2020 | Listed for rent | $1,250 |
Source: Zillow Rental Manager Report a problem | ||
| 8/12/2019 | Sold | $144,000-4% |
Source: NIRA as distributed by MLS GRID #457267 Report a problem | ||
| 6/23/2019 | Pending sale | $149,999 |
Source: Pinnacle Realty, LLC #457267 Report a problem | ||
| 6/21/2019 | Listed for sale | $149,999+40.8% |
Source: Pinnacle Realty, LLC #457267 Report a problem | ||
| 5/27/2015 | Sold | $106,500-8.1% |
Source: NIRA as distributed by MLS GRID #362552 Report a problem | ||
| 12/3/2014 | Price change | $115,900-3.3% |
Source: Kuno Real Estate #362552 Report a problem | ||
| 9/11/2014 | Listed for sale | $119,900 |
Source: Kuno Real Estate #349323 Report a problem | ||
| 6/16/2014 | Listing removed | $119,900 |
Source: Kuno Real Estate #349323 Report a problem | ||
| 5/7/2014 | Listed for sale | $119,900+14.2% |
Source: Kuno Real Estate #349323 Report a problem | ||
| 3/31/2003 | Sold | $105,000 |
Source: NIRA as distributed by MLS GRID #63963 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,804 +11.5% | $278,400 -1% |
| 2024 | $6,103 +9.8% | $281,300 +13% |
| 2023 | $5,560 +14.4% | $249,000 +10.3% |
| 2022 | $4,862 +8.3% | $225,800 +18.5% |
| 2021 | $4,490 +4.4% | $190,600 +10% |
| 2020 | $4,302 +30.4% | $173,200 +5.7% |
| 2019 | $3,299 +2.1% | $163,800 +31.1% |
| 2018 | $3,233 | $124,900 +2% |
| 2017 | $3,233 +13.4% | $122,500 +4.5% |
| 2016 | $2,852 +4.4% | $117,200 +4.6% |
| 2014 | $2,732 +28.1% | $112,000 +5.8% |
| 2013 | $2,133 +4.4% | $105,900 +3.6% |
| 2012 | $2,044 -15.7% | $102,200 -15.7% |
| 2011 | $2,424 +1.3% | $121,200 +1.3% |
| 2010 | $2,394 -6.9% | $119,700 -6.9% |
| 2009 | $2,572 | $128,600 +27.5% |
| 2006 | -- | $100,900 +8% |
| 2005 | -- | $93,400 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 46383
Nearby schools
GreatSchools rating
- 8/10Central Elementary SchoolGrades: K-5Distance: 2 mi
- 8/10Benjamin Franklin Middle SchoolGrades: 6-8Distance: 0.8 mi
- 10/10Valparaiso High SchoolGrades: 9-12Distance: 2.1 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Indiana
- Porter County
- Valparaiso
- 46383
- 308 Brown St
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