124 N Woodland Avenue, Michigan City, IN 46360 | MLS #841035 | Berkshire Hathaway HomeServices Chicago
 
Listing provided courtesy of @properties/Christie's Intl RENorthwest Indiana MLSas Distributed by MLSGrid- MLS# 841035MLS Provider

124 N Woodland AvenueMichigan City, IN 46360

Multi-Family · 4 Beds · 2 Full Baths · 3920.00 Acres
$85,000 Active

124 N Woodland Avenue Overview

Time on Site:
8 days
Visits:
0

Investor opportunity! Priced at just 85K, this tenant-occupied two-unit property offers immediate rental income and strong upside for the right buyer. Each unit features 2 bedrooms and 1 bathroom, with a partially finished basement providing additional storage and future possibilities. The seller is motivated and ready to sell, offering the property as-is and with tenants in place. The main-floor tenant has occupied the property for nearly a decade and is currently month-to-month. The upstairs tenant moved in January and has a lease in place through December. Tenants pay on time, and the property currently generates 1,250 per month in rental income. While the property needs substantial TLC, the layout, income potential, and location make this a great opportunity for an investor ready to renovate and reposition. Conveniently located just blocks from the South Shore Line and near one of the city's main corridors, with quick access to shopping, dining, entertainment, Blue Chip Casino, and the beach. Great space, great potential, and priced to sell--bring your vision and make this your next investment opportunity!

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124 N Woodland Avenue Facts & Features

  • Type Multi-Family
  • Lot 3920.00 Acres

Details

General

Building Information

  • New Construction: false
  • Year Built: 1924

Location/Region

  • County Or Parish: La Porte
  • Subdivision Name: n/a
  • Township: Michigan

Rent/Lease Information

  • Rent Includes: Sewer,Water

Tax Information

  • Tax Annual Amount: 1832
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 460128483019000022
  • Pets Allowed: Yes
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 4

Building Interior

  • Above Grade Finished Area: 1664

General Information

  • Appliances: None
  • Fireplace: false
  • Heating: Forced Air
  • Interior Features: Eat-in Kitchen,High Ceilings
  • Levels: Two
  • Rooms Total: 8

Exterior

Parking Information

  • Parking Features: Alley Access,On Street

Lot Information

  • Additional Parcels: false
  • Lot Features: Rectangular Lot
  • Lot Size Acres: 3920
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 170755200
  • Water Source: Public

Waterfront/View

  • View: Neighborhood
  • Waterfront: false

Building Exterior/Construction

  • Patio And Porch Features: Front Porch

General Information

  • Sewer: Public Sewer

124 N Woodland Avenue Neighborhood

Community

46360 (Michiana Shores) Demographics

40
Median Age
543
Population Density (per sq. mile)
29%
College Educated
$50,075
Estimated Median Income
11,503
Estimated Total Home Owners
6,112
Estimated Total Renters
65% / 35%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

124 N Woodland Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

124 N Woodland Avenue Market Data

Based on the last 30 days in this zip code

$438,983
Average List Price
$237
Average Price per Square Foot
44
Properties Sold
130
Average Days on Market
228
Properties for Sale
Calculations provided by Reliance Network

124 N Woodland Avenue History

Date Event Value Agent
6/21/2026Source: Northwest Indiana MLS Added to Database
June 21, 2026