202 Morgan Boulevard, Valparaiso, IN 46383

Prime Downtown Valparaiso Investment Opportunity!An absolute gem in the heart of downtown Valparaiso! This versatile multi-unit property offers incredible potential--currently set up as a three-unit building, it could possibly be converted into a spacious single-family home. Unbeatable Location - Steps from the city's best restaurants, wineries, shopping, and entertainment! Major Updates - Brand new boiler, hot water heater, sewer line, and basement plumbing for peace of mind. Recent Upgrades - Deck refinished in 2024, flooring refinished in 2025, adding modern charm and value. Endless Possibilities - Live in one unit and rent the others, keep it as an income-producing investment, or transform it into your dream home!  Ideal for Entertaining - This home boasts a unique basement bar, salvaged from the historic Old Style Inn after the downtown fire of 1952, adding a touch of character and history. It also features a fully functional multi-sink wet bar, perfect for hosting guests. Enjoy a prime view of the Popcorn Festival Parade right from your front porch! Ample Storage & Parking - Includes a two-car garage with loft storage, offering extra space for all your needs.Opportunities like this don't last long--schedule your showing today!