Turnkey 4-Unit Investment Opportunity in a Rapidly Growing Area! Don't miss this well-maintained four-unit income property offering strong rental demand and excellent long-term upside. Each unit features 2 bedrooms and 1 bathroom, providing spacious and comfortable layouts that appeal to a wide range of tenants. Located in the heart of it all, this property offers convenient access to the outlet mall, vibrant downtown, popular restaurants, casino, and the beach, making it an attractive location for tenants seeking both convenience and lifestyle amenities. The property features a clean exterior, ample parking, and easy access for residents. With significant development and growth happening throughout the immediate area, this asset presents an excellent opportunity for investors looking to add a stable income-producing property to their portfolio while benefiting from future appreciation. Whether you are a seasoned investor or looking to begin building your portfolio, this multi-unit property provides immediate rental income with long-term potential.
Closed
$475,000
413 E 10th St, Michigan City, IN 46360
8beds
--sqft
Quadruplex
Built in 1890
-- sqft lot
$-- Zestimate®
$--/sqft
$2,042 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,042/mo
Zestimate® history
Owner options
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$2,042/mo
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$2,877/mo
Est. payment
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$2,877/mo
Est. payment
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Spacious and comfortable layoutsAmple parkingClean exterior
Zillow last checked:
Listing updated:
Listed by:
Deborah McKinstry,
Seramur Properties, LLC 219-548-8800,
Timothy McKinstry,
Seramur Properties, LLC
Bought with:
Antje Gehrken, RB17000869
A.R.E. Partners Inc.
Source: NIRA as distributed by MLS GRID,MLS#: 835283
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air
Appliances
- Included: Refrigerator, Microwave
Features
- High Ceilings, Open Floorplan
- Windows: Blinds
- Basement: Daylight
- Has fireplace: No
Interior area
- Finished area above ground: 2,552
Property
Parking
- Parking features: Concrete, Off Street
Features
- Levels: Two
- Exterior features: Rain Gutters, Storage
Lot
- Size: 4,835 sqft
- Features: Paved
Details
- Parcel number: 460128313001000022
- Special conditions: Agent Owned
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Michigan City
- Subdivision: Cobbs Add
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Sold | $475,000+1.3% |
Source:  NIRA as distributed by MLS GRID #835283 Report a problem | ||
| 4/6/2026 | Pending sale | $469,000 |
Source: NIRA as distributed by MLS GRID #835283 Report a problem | ||
| 3/16/2026 | Listed for sale | $469,000+7.8% |
Source: NIRA as distributed by MLS GRID #835283 Report a problem | ||
| 5/18/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/4/2024 | Listed for rent | $1,100 |
Source: Zillow Rentals Report a problem | ||
| 4/1/2024 | Sold | $435,000-3.3% |
Source: NIRA as distributed by MLS GRID #544499 Report a problem | ||
| 2/1/2024 | Listed for sale | $450,000 |
Source: NIRA as distributed by MLS GRID #544499 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,332 -46.8% | $134,500 +1% |
| 2024 | $2,504 -2.6% | $133,200 +6.4% |
| 2023 | $2,572 +47.8% | $125,200 -2.6% |
| 2022 | $1,740 | $128,600 +10.8% |
| 2021 | $1,740 +14.3% | $116,100 +33.4% |
| 2020 | $1,522 +0.4% | $87,000 +14.3% |
| 2019 | $1,516 +43.6% | $76,100 +10.9% |
| 2018 | $1,056 -12.6% | $68,600 +50.4% |
| 2017 | $1,208 +0.7% | $45,600 -14.3% |
| 2016 | $1,200 -8.8% | $53,200 -19.1% |
| 2014 | $1,316 +7.7% | $65,800 -51.1% |
| 2013 | $1,222 | $134,600 +5.6% |
| 2010 | -- | $127,500 +18.2% |
| 2006 | $620 | $107,900 -10.5% |
| 2005 | -- | $120,500 |
Find assessor info on the county website
Neighborhood: 46360
Nearby schools
GreatSchools rating
- 6/10Marsh Elementary SchoolGrades: K-6Distance: 0.5 mi
- 5/10Martin T Krueger Middle SchoolGrades: 7-8Distance: 2.2 mi
- 3/10Michigan City High SchoolGrades: 9-12Distance: 3 mi
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- Indiana
- La Porte County
- Michigan City
- 46360
- 413 E 10th St
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