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Image 1 - 204 Decatur Street, Michigan City, IN 46360, USA - House for sale

Image 2 - 204 Decatur Street, Michigan City, IN 46360, USA - House for sale

Image 3 - 204 Decatur Street, Michigan City, IN 46360, USA - House for sale

Image 4 - 204 Decatur Street, Michigan City, IN 46360, USA - House for sale

Image 5 - 204 Decatur Street, Michigan City, IN 46360, USA - House for sale

Image 6 - 204 Decatur Street, Michigan City, IN 46360, USA - House for sale

Image 7 - 204 Decatur Street, Michigan City, IN 46360, USA - House for sale

Image 8 - 204 Decatur Street, Michigan City, IN 46360, USA - House for sale

Home For Sale In Michigan City, Indiana

204 Decatur Street, Michigan City, IN 46360, USA

Home For Sale In Michigan City, Indiana

house for sale

Listed: 03/29/24

204 Decatur Street, Michigan City, IN 46360, USA

5 Bed:

3 Bath:

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Price

$ 285,000

Show 6 more

About This House

Fully leased, completely remodeled investment property in the Michigan City! 3 unit with total of 5 BR and 3 BA (3 bed/1 bath, 1 bed/1 bath, large 1 bed/1 bath), 1 unit up and 2 on the main level. New windows, roof, plumbing, furnaces and all interior finishes. Gas and electric paid by Tenants, water/sewer is landlord paid. Total monthly rent of$2, 700/mo and units are leased to June '23, Nov '23, and Apr '24. CAPrate is over 9.0. Close to the brand new south shore station for an easy trip to Chicago, South Bend, or in between.

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Michigan City Housing & Living

Household Income

Median household income: $38,631

Number of households: 12,729

The average household income in Michigan City, IN grew from $37,742 to $38,631 in the past year. This data is an estimate based upon 12,729 households in Michigan City, IN.
The chart below presents how household income is distributed in Michigan City, IN in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: <$800

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Michigan City, IN compared to median property taxes around the country. The prevalent amount of property taxes in Michigan City, IN equals <$800 , which is more than the national average.