508 Wabash Street, Michigan City, IN 46360
Local realty services provided by:CENTURY 21 Circle
Listed by: angela carr
Office: blackrock real estate services219-262-0086
MLS#:846453
Source:Northwest Indiana AOR as distributed by MLS GRID
508 Wabash Street,Michigan City, IN 46360
$440,000
- 4 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Price summary
- Price:$440,000
About this home
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!...
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Home facts
- Year built:1870
- Subdivision & Development:Elstos
- Listing ID #:846453
- Added:16 day(s) ago
- Updated:October 23, 2026 at 02:34 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Half bathrooms:1
- Kitchen Description:Dishwasher, Gas Range, Microwave, Refrigerator, Stainless Steel Appliance(s)
- Basement:Yes
- Basement Description:Basement
Structure and exterior
- Year built:1870
- Lot area:0.08 Acres
- Exterior Features:Balcony, Rain Gutters
Utilities
- Water:Public
Finances and disclosures
- Price:$440,000
- Tax amount:$2,254 (2025)
Features and amenities
- Laundry features:Dryer, Washer
Parking
- Parking description:Detached, Driveway, Off Street, On Street
- Garage:Yes
- Garage spaces:1
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