11,678 sqft

$1,350,000

1710 Firestone Lane, Valparaiso IN, 46383

Price per sqft$115.60

Built in2004

Property size11,678 sqft

Property typeCommercial

Overview

Pending

Listed Aug 13, 2026

Updated 2 weeks ago

We are pleased to present 1710 Firestone Lane, an 8-unit townhome community in Valparaiso, Indiana, built in 2004. Each unit offers approximately 1,400 SF with 3 bedrooms, 2.5 baths, a private double-car garage, and in-unit laundry. A wonderful asset with clear room for rent growth. There is a potentially increase of 17 percent at the end of the current leases, which will produce just under an 8 percent pro forma cap rate. A 2024 roof replacement limits near-term capital needs. Located about 1.2 miles from Valparaiso University with sub-5 percent historical townhome vacancy, the property benefits from durable university- and medical-sector rental demand. With strong Northwest Indiana rental fundamentals and limited competing supply, 1710 Firestone Lane represents a compelling opportunity for investors seeking a turnkey asset that pairs dependable current income with clear rental-growth upside.

Additional information

MLS^® ID: 843830

Interior Features

Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.74 Acres

Other Property Details

Taxes: $26,015
Tax Frequency: Annually
Garage: Yes

Courtesy of Ellsbury Group, Xever Lemieux,
Listing Contact: (219) 384-7994

Listings courtesy of Northwest Indiana REALTOR Association as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Lesley Sweeney shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 5:07 AM UTC on 9/6/2026. All data is obtained from various sources and may not have been verified by 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.

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