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    • $405,000

    557 Locust St, Valparaiso, IN 46383

    --beds
    --baths
    --sqft
    Apartment
    Built in 1880
    -- sqft lot
    $402,100 Zestimate®
    $--/sqft
    $2,050 Estimated rent

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    $2,050/mo

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    $2,050/mo

    Rent Zestimate®

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    $2,408/mo

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    $2,408/mo

    Est. payment

    What's special

    This rental property offers four residential units in the high demand rental market of Valparaiso. This property is ideal for an investor seeking great cash flow with low maintenance needs & upside for rent increases.

    Zillow last checked: 7 hours ago

    Listing updated: October 14, 2025 at 09:58am

    Listed by:

    Andrew Page,

    Ellsbury Commercial Group LLC 219-200-5133,

    Xever Lemieux,

    Ellsbury Commercial Group LLC

    Bought with:

    Broderick Crossin

    Realty Executives Premier

    Source: NIRA,MLS#: 826241MLS Logo

    Facts & features

    Interior

    Heating
    • Forced Air
    Appliances
    • Included: Other
    Features
    • None
    • Has fireplace: No
    Interior area
    • Finished area above ground: 3,539

    Property

    Features
    • Levels: Two
    • Exterior features: Other
    Lot
    • Size: 3,397 sqft
    • Features: Other
    Details
    • Parcel number: 640925205004000004
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Apartment
    Condition
    • New construction: No
    • Year built: 1880

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Valparaiso
    • Subdivision: Smith Add

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,VA Loan,FHA,Conventional
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $402,100
    2% more+$8,042
    With Zillow Showcase(estimated)$410,142

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