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33796221
33796222

124 N Woodland Avenue, Michigan City, IN 46360

Coldwell Banker Real Estate Group
Listed by Coldwell Banker Real Estate Group
$85,000
2 days on market
Updated 2 days ago

124 N Woodland Avenue

Details
APN 460128483019000022
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Year Built 1924
Acreage 3920.000

Multifamily

Marketing description

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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Listing Contacts

Coldwell Banker Real Estate Group
Listed by Coldwell Banker Real Estate Group

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Zoning

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R1D ResidentialSingle FamilySingle Family Residential
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Last updated Jun 8, 2026 For deeper zoning details, reports are available at Zoneomics

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