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$210,000
Est. payment /mo
7,405 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 7,405 sqft
Price per Sqft $28
Subdivision Smiths Add
MLS Listing ID 845058
HOA Y/N No
Annual Tax Amount $946
Tax Year 2024
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Unimproved Land
Property Description
Prime RT-Zoned Lot Near Valparaiso University -- Build Your Vision Rare opportunity in the heart of Valparaiso: a 66' x 112' (7,392 sq ft) lot just steps from Valparaiso University, zoned Residential Transition (RT) -- one of the most flexible and sought-after zoning classifications in the city. This RT designation opens the door to two distinct paths, making this lot equally attractive to homeowners and investors alike: For the Single-Family Buyer: Design and build a custom home in a walkable, established neighborhood minutes from VU's campus, downtown Valparaiso's shops and restaurants, and easy highway access. Public water and sewer are already available at the street, simplifying your build timeline and reducing upfront infrastructure costs. For the Builder or Investor: RT zoning allows for the potential construction of a multi-family building on this site, subject to City of Valparaiso approval -- a compelling opportunity to create rental units in a market with a built-in, renewing tenant base of VU students, faculty, and staff. Proximity to campus makes this a location investors actively seek out for long-term rental demand and steady occupancy. Whether your plan is a forever home or an income-producing multi-unit property, this lot offers the zoning flexibility, utility access, and location to make it happen.
Location
State IN
County Porter
Interior
Fireplace N
Exterior
View Y/N true
View Neighborhood
Building
Lot Description Corner Lot, Few Trees
Sewer Public Sewer
Water Public
Schools
School District Valparaiso
Others
Tax ID 640925205001000004
Acceptable Financing NRA20260906203654292733000000
Listing Terms NRA20260906203654292733000000
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Listed by White Hat Realty Group, LLC • Lisa Gaff
Nearby Locations
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