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$449,999

  • For Sale
  • Active
  • Multi-Family
  • 4 Total Beds
  • 2 Car Garage
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Situated c;lose to Valparaiso University and downtown Valparaiso, this 2--story building provides excellent exposure and location for any business! The R/T zoning allows for numerous commercial and professional uses but also allows for residential or mixed use! Property was recently used as a 2 unit rental with a 2-bedroom unit on each floor but is a perfect location for many types of retail/services, real estate office, attorney's office, Airbnb, and much more, with private parking in rear of building and on-street parking. Building features an oversized 2 car garage, too. Property offers many possibilities!

Full Property Details for 704 Lincolnway

General

  • Price: $449,999
  • Taxes: $6,635 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: GNIAR
  • MLS ID: 818684
  • Updated: 12/1/2025
  • Added to Site: 282 day(s) ago

Interior

  • Interior Features: Entrance Foyer, Walk-In Closet(s), Kitchen Island, Granite Counters
  • Appliances: Dishwasher, Refrigerator, Gas Water Heater, Gas Range

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Exterior

  • Exterior Features: Private Yard

Parking

  • Garage Spaces: 2
  • Parking Features: Additional Parking, Detached, On Street, Alley Access

Location

  • County: Porter
  • Township: Center
  • Subdivision: Dewolfs Sub
  • Driving Directions: Next to 7-11 on Lincolnway Street parking in front of home or around back in addt'l parking area behind home.

School Information

  • High School District: Valparaiso

Community

  • Pets Allowed: Yes

Heating & Cooling

  • Heating Type: Forced Air

Structural Information

  • Year Built: 1890

Lot Features

  • Lot Size (Acres): 0.164
  • Lot Size (Sq. Ft.): 7,144
  • Lot Features: Back Yard, Landscaped, Front Yard
  • Zoning: Mixed Use

Financial Considerations

  • Tax Amount: $6,635
  • Tax Year: 2023
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: DEWOLFS SUB WOODHULLS ADD LOT 7 BLK 32
  • Property ID: 640924420002000004

Listed by McColly Real Estate

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— 704 Lincolnway —

  • McColly Real Estate

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NMLS#: 1598647

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NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 704 Lincolnway

School District:Valparaiso Community Schools
NameGradesDistance
Central Elementary School, Valparaiso, IN
653 Hayes Leonard Road, Valparaiso, IN 46385
K-52.2 mi
Benjamin Franklin Mid School
605 Campbell Street, Valparaiso, IN 46385
6-80.9 mi
Valparaiso High School
2727 Campbell Street, Valparaiso, IN 46385
9-121.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 704 Lincolnway Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/01/2025
Price Reduced
$449,999
-5.46%
MLS
8/25/2025
Price Reduced
$476,000
-3.84%
MLS
7/07/2025
Price Reduced
$495,000
-2.94%
MLS
4/07/2025
Listed
$510,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 704 Lincolnway

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,369
11%
$303,800
12%
2023
$6,655
-29%
$270,700
10%
2022
$9,328
67%
$247,000
13%
2021
$5,581
8%
$218,000
10%
2020
$5,158
4%
$198,200
6%
2019
$4,944
8%
$187,500
8%
2018
$4,586
13%
$173,900
1%
2017
$4,061
—
$171,700
30%
2017
$4,061
27%
$132,500
6%
2016
$3,209
4%
$125,500
1%
2015
$3,073
2%
$124,100
-11%
2013
$3,022
—
$140,000
—
2012
$3,022
—
$140,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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704 Lincolnway, Valparaiso, IN 46383 (MLS# 818684) is a Multi-Family property with units containing 4 bedrooms and 2 full bathrooms. 704 Lincolnway is currently listed for $449,999 and was received on April 07, 2025. Want to learn more about 704 Lincolnway? Do you have questions about finding other Multi-Family real estate for sale in Valparaiso? You can browse all Valparaiso real estate or contact a Coldwell Banker agent to request more information.

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