2406 Roosevelt Road Valparaiso, IN 46383
Multi-Family (2-4 Units)
MLS #: 815952
Courtesy Of McColly Real Estate
Property InformationDescription
This 2-unit multifamily property sits on a generous 1-acre lot near the desirable 5 Point roundabout, offering both income potential and future development opportunities. Both units feature updated floors, fresh paint, and new appliances for modern, move-in-ready appeal. The front unit is a 2-bedroom, 1-bathroom layout, while the rear unit includes 1 bedroom, 1 bathroom, an attached garage, a cozy fireplace, and a private deck. The expansive acreage provides room to explore adding ADUs, or custom builds (subject to zoning approvals).Bonus Opportunity: The owner also owns the adjacent 1-acre parcel (already listed separately), zoned commercial--a rare find in this area--currently generating income with a 1-bed, 1-bath rental. Pair both lots for a strategic investment: combine residential cash flow with commercial potential (retail, office, or mixed-use development). The seller is open to discussions for a combined sale. Schedule a showing to explore this unique dual-lot opportunity.
Features
- Age: Over 50 Years Old
- Appliances: Freezer, Microwave, Range, Refrigerator
- Architecture Style: Other
- Heating System: Forced Air
- Lot Size: 1 Acres
MAP & DIRECTIONS
School Information
2406 Roosevelt Road, Valparaiso, IN 46383
Elementary School
Grades KG-5 |
Public School
THOMAS JEFFERSON ELEMENTARY SCHOOL
Valparaiso, IN 46383
1700 Roosevelt Rd
219.531.3130
Distance: 0.4 mi
School Rating
A
Student:Teacher Ratio
16:1
Total Students
265
Middle School
Grades 6-8 |
Public School
THOMAS JEFFERSON MIDDLE SCHOOL
Valparaiso, IN 46383
1600 Roosevelt Rd
219.531.3140
Distance: 0.5 mi
School Rating
B+
Student:Teacher Ratio
15:1
Total Students
637
High School
Grades 9-12 |
Public School
VALPARAISO HIGH SCHOOL
Valparaiso, IN 46385
2727 Campbell St
219.531.3070
Distance: 1.2 mi
School Rating
A
Student:Teacher Ratio
21:1
Total Students
2047
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| Montessori Academy Of Valparaiso | 0.5 mi | Private | PK-KG | |
| Immanuel Lutheran School | 0.6 mi | Private | PK-8 | |
| Flint Lake Elementary School | 1.1 mi | Public | KG-5 | B- |
| Northview Elementary School | 1.1 mi | Public | KG-5 | B |
| Porter County Career Center | 1.2 mi | Public | KG-12 | |
| Cooks Corners Elementary School | 1.2 mi | Public | KG-5 | A- |
| Parkview Elementary School | 1.3 mi | Public | KG-5 | B |
| Porter County Education Services | 1.4 mi | Public | KG-12 | |
| Central Elementary School | 1.5 mi | Public | KG-5 | A- |
| Benjamin Franklin Middle School | 1.7 mi | Public | 6-8 | A- |
| Memorial Elementary School | 1.8 mi | Public | KG-5 | A |
| St Paul Catholic School | 2.0 mi | Private | PK-8 | |
| Victory Christian Academy | 2.1 mi | Private | PK-12 | |
| Victory Christian Academy, Inc | 2.2 mi | Private | PK-12 | |
| Washington Township Middle/high School | 2.7 mi | Public | 6-12 | A+ |
| Washington Township Elementary School | 2.8 mi | Public | KG-5 | B- |
| Heavilin Elementary School | 3.4 mi | Public | KG-5 | B |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Valparaiso, IN 46383
| Median Age: | 38.8 |
|---|---|
| Married: | 47% |
| Number of Households: | 15,933 |
| Households with Children: | 28% |
Valparaiso, IN 46383
Demographic Data
-
Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
Copyright © 2025 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
