306 Jefferson Street
Valparaiso, IN 46383
5
Bed
4
Bath
0.25Acre(Lot)
LOCATION, LOCATION, LOCATION! A rare opportunity to own an income-producing property in the heart of downtown, just one block north of Lincolnway on Jefferson and steps from the exciting new Linc shopping and dining district. This distinctive historic two-story brick building offers incredible character, an unbeatable location, and multiple income streams. The property features four fully leased residential units, including three 1-bedroom apartments and one spacious 2-bedroom apartment. Each unit offers its own private entrance, providing added privacy and convenience for tenants. A welcoming front porch adds to the historic charm, while a concrete patio area at the rear provides additional outdoor living space. The largest unit also offers direct access to the garage area. What truly s
Property Details
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Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedroom: 5Bathroom Information
Total Baths: 4 Full Baths: 4Room Information
Rooms Total: 12 Has Basement: YesInterior Features
Other Appliances: Dryer, Washer, Refrigerator, Gas Range, Dishwasher Laundry Features: Other -
Heating & Cooling
Heating: Baseboard WaterSource: Public
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Building Information
Year Built: 1879
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Lot Information
Lot Description: Front Yard, Other Lot Square Feet: 10890 Lot Acres: 0.25Property Information
Property Type: Residential Income Sub Type: Quadruplex
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Tax Information
Tax Legal Description: OS LOT 2 OUTLOT 3 Annual Tax: $6837 Tax Year: 2025 Parcel Number: 640924341003000004
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Parking Information
On Street, DetachedGarage Information
Has Garage: Yes Garage Space: 7
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Utility Information
Sewer: Public Sewer Water Source: Public -
Location Information
Subdivision: Valparaiso City: Valparaiso Direction: Lincolnway to lighted intersection of N Morgan. Go North on Morgan 1 block to Jefferson and turn right (E). Property is on right (S) side before you reach Valparaiso Street.
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 373 S State Road 49, Valparaiso, IN, 46383 | $339,900 | 4 | 2 | -- | |
| 509 Union Street, Valparaiso, IN, 46383 | $395,000 | 5 | 4 | -- |
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ByOwner last updated this listing 08/21/2026 @ 06:20
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