507 Franklin St

Valparaiso IN 46383

2080 sq. ft.

9235 sq. ft.

Duplex

Last sold for $355,000

Alessandra Roeback, last sold this property on 09 July 2026 after 95 days on market.

Overview

Excellent investment opportunity in the heart of downtown Valparaiso! This well-located duplex is within walking distance to the library, restaurants, and grocery stores, offering convenience and strong rental appeal. Each unit features 2 bedrooms, 1 full bath, and in-unit laundry, providing comfortable and functional living spaces for tenants or owners alike. The property also includes a detached 2-car garage for added value and storage. Brand new roof installed, giving peace of mind to future owners and reducing major maintenance concerns. With strong potential to significantly increase rental income, this property is ideal for investors or owner-occupants. Live in one unit while generating income from the other -- don't miss this versatile and income-producing opportunity!

Features

4 bedrooms

2 bathrooms

2 carspaces

2 garage spaces

2080 sq. ft. floor area

9235 sq. ft. lot size

Duplex

Estimated Value

Based on this property and similar 4 bedroom duplexes sold in Valparaiso over the last 12 months, the estimated median property value of 507 Franklin St is $305k.

Median value

$305k

Estimated value range

$226k - $400k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Valparaiso. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 507 Franklin St

2026

Sold

$355,000

09 Jul 2026 by Alessandra Roeback, of BHHS Executive Realty

2019

Sold

$185,000

12 Apr 2019 by Lisa Moore, of Generic Office

2016

Sold

$155,000

25 Oct 2016 by Lisa Moore, of Generic Office

Happy sellers in Valparaiso

We have insufficient information to provide an overview of customer satisfaction for Valparaiso. Viewing the agent profiles, reviews and sales for Valparaiso can provide insights for this location.