205 E Garfield Street
Michigan City, IN 46360
4
Bed
5
Bath
0.12Acre(Lot)
Excellent opportunity to add a versatile mixed-use investment property to your portfolio. This income-producing property features four two-bedroom residential units along with one (1) commercial space, offering multiple income streams in a convenient Michigan City location. The property is currently generating over 2,500 per month in rental income. All residential units are occupied on verbal month-to-month rental agreements, providing flexibility for future management and leasing strategies. The commercail space is vacant and is awaiting your next project. Conveniently located in the 46360 area of Michigan City, the property is situated just off a public bus route and offers easy access to many of the area's amenities. Enjoy proximity to Lake Michigan's shoreline and beaches, shopping,
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total Bedroom: 4Bathroom Information
Total Baths: 5 Full Baths: 5Room Information
Rooms Total: 12Interior Features
None Appliances: Range, Refrigerator -
Heating & Cooling
Heating: Natural Gas WaterSource: Public
-
Building Information
Year Built: 1968
-
Lot Information
Lot Description: Other Lot Square Feet: 5073 Lot Acres: 0.1165Property Information
Property Type: Residential Income Sub Type: Apartment
-
Tax Information
Tax Assessed Value: 132400 Tax Legal Description: 42-01-33-305-005 SANBORN'S 4TH LT 2 EX N 36.8 FT OF W 16.4 FT BLK 35 Annual Tax: $3972 Tax Year: 2024 Parcel Number: 460133305005000022
-
Parking Information
On Street, Off Street
-
Utility Information
Cable Available, Sewer Connected, Natural Gas Connected, Electricity Connected Sewer: Public Sewer Water Source: Public -
Location Information
Subdivision: Sanborns 4th Add City: Michigan City Direction: US 421 aka Franklin St to Garfield at Dairy Queen turn east to #205
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 6881 NE Suburban Drive, Michigan City, IN, 46360 | $80,000 | 3 | 2 | 1,404 | 1,404 SqFt |
| 6862 NE Suburban Drive, Michigan City, IN, 46360 | $104,000 | 3 | 3 | 1,368 | 1,368 SqFt |
| 6788 N 400, Michigan City, IN, 46360 | $220,000 | 4 | 2 | 1,774 | 1,774 SqFt |
| 6323 N 600, Michigan City, IN, 46360 | $365,000 | 3 | 2 | 1,866 | 1,866 SqFt |
| 5577 N 600, Michigan City, IN, 46360 | $399,000 | 2 | 2 | 1,440 | 1,440 SqFt |
| 601 Lupine Street, Michigan City, IN, 46360 | $759,000 | 2 | 2 | 1,900 | 1,900 SqFt |
| 10290 Old Grand Beach R.., Michigan City, IN, 46360 | $549,900 | 3 | 2 | 1,692 | 1,692 SqFt |
| 218 Elmwood Drive, Michigan City, IN, 46360 | $775,000 | 2 | 2 | 2,520 | 2,520 SqFt |
| 4295 N Michael Place, Michigan City, IN, 46360 | $360,000 | 4 | 3 | 2,456 | 2,456 SqFt |
| 800 212 Highway #C5N, Michigan City, IN, 46360 | $90,000 | 3 | 2 | -- |
Similar Homes To 205 E Garfield Street
Nearby For Sale
Disclaimer: The information being provided courtesy of nira as distributed by MLS GRID and is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the nira. ByOwner.com is not a Multiple Listing Service (MLS), nor does it offer MLS access. ByOwner.com is a broker participant of nira. 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.
Based on information submitted to the MLS GRID as of 08/06/2026 @ 18:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Properties displayed may be listed or sold by various participants in the MLS.
Click here for Consumer use of IDX Listings Disclaimer
“The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
ByOwner last updated this listing 08/06/2026 @ 18:20
More Cities with for Sale by Owner Homes
- Michigan City Homes For Sale By Owner
- Long Beach Homes For Sale By Owner
- Beverly Shores Homes For Sale By Owner
- New Buffalo Homes For Sale By Owner
- Chesterton Homes For Sale By Owner
- Westville Homes For Sale By Owner
- La Porte Homes For Sale By Owner
- Union Pier Homes For Sale By Owner
- Burns Harbor Homes For Sale By Owner
- Lakeside Homes For Sale By Owner
- Rolling Prairie Homes For Sale By Owner
- Three Oaks Homes For Sale By Owner
- Portage Homes For Sale By Owner
- Valparaiso Homes For Sale By Owner
- Harbert Homes For Sale By Owner
- Union Mills Homes For Sale By Owner
- Wanatah Homes For Sale By Owner
- Sawyer Homes For Sale By Owner
- Kingsford Heights Homes For Sale By Owner
- Mill Creek Homes For Sale By Owner
Homes around $299,900
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.