About 1710 Firestone Lane
We are pleased to present 1710 Firestone Lane, an 8-unit townhome community in Valparaiso, Indiana, built in 2004. Each unit offers approximately 1,400 SF with 3 bedrooms, 2.5 baths, a private double-car garage, and in-unit laundry. A wonderful asset with clear room for rent growth. There is a potentially increase of 17 percent at the end of the current leases, which will produce just under an 8 percent pro forma cap rate. A 2024 roof replacement limits near-term capital needs. Located about 1.2 miles from Valparaiso University with sub-5 percent historical townhome vacancy, the property benefits from durable university- and medical-sector rental demand. With strong Northwest Indiana rental fundamentals and limited competing supply, 1710 Firestone Lane represents a compelling opportunity for investors seeking a turnkey asset that pairs dependable current income with clear rental-growth upside.
Features of 1710 Firestone Lane
| MLS® # | 843830 |
|---|---|
| Price | $1,350,000 |
| Bathrooms | 0.00 |
| Square Footage | 11,678 |
| Acres | 0.74 |
| Year Built | 2004 |
| Type | Commercial Sale |
| Sub-Type | Multi Family |
| Status | Pending |
Community Information
| Address | 1710 Firestone Lane |
|---|---|
| City | Valparaiso |
| County | Porter |
| State | IN |
| Zip Code | 46383 |
Amenities
| Utilities | Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected |
|---|---|
| Parking Spaces | 16 |
| Parking | Alley Access, On Street, Garage Faces Rear |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Other |
|---|---|
| Appliances | Dryer, Washer, Refrigerator, Range |
| Heating | Forced Air |
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior Features | Private Yard |
|---|---|
| Lot Description | Back Yard, Rectangular Lot, Near Public Transit, Few Trees, Corner Lot |
School Information
| District | Valparaiso |
|---|---|
| High | Valparaiso High School |
Additional Information
| Date Listed | August 13th, 2026 |
|---|---|
| Zoning | Residential |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Agent | Xever Lemieux |
|---|---|
| Office | Ellsbury Group |