$1,195,000

118 N Lake Ave Michigan City, IN 46360

Estimated payment $7,121/month

Total Views 706
6 Beds
4 Baths
2,706 Sq Ft
$442 Price per Sq Ft

Highlights

  • Popular Property
  • Patio
  • Landscaped
  • Deck
  • Forced Air Zoned Heating and Cooling System

About This Home

Introducing Beachside Four, a completely renovated, turn-key 4-Unit Investment Property located in the heart of the highly sought after Sheridan Beach neighborhood of Michigan City. Just 20 short feet from the Stop 2 Beach Access point, this premier location offers instant access to the shores of Lake Michigan, where sunsets, singing sands, and lake breezes set the scene for unforgettable memories for all. This bright and stylish building features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, each offering great floor plans, stainless steel appliances, and inviting indoor-outdoor living with private decks and patios. Whether you choose to rent each unit individually or offer the entire building to large groups, the flexibility is unmatched with ability to sleep up to 14. With plenty of parking and proximity to area favorites like the beach, marina, and Washington Park Zoo, Beachside Four presents an incredible opportunity to own a high-demand property in one of the region's most vibrant lakefront communities. Being offered truly Turn-Key. Everything you see will remain. Don't wait, schedule your showing today. Welcome to 118 N Lake Avenue!

Listing Agent

Jordan Gallas

@properties/Christie's Intl RE License #RB14039617 Listed on: 08/08/2025

@properties/Christie's Intl RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,930

Year Built

  • Built in 1960

Lot Details

  • 3,375 Sq Ft Lot
  • Landscaped

Interior Spaces

  • 2,706 Sq Ft Home
  • 2-Story Property

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 67 Parking Spaces
  • Paved Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units
  • Sheridan Beach Pk/Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 460121309007000022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,930

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1960
  • Reso Property Sub Type: Quadruplex
  • ResoLotFeatures: Landscaped
  • Co List Office Mls Id: NRA2006
  • Subdivision Name: Sheridan Beach Pk/Add
  • Above Grade Finished Sq Ft: 2706
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Gas Range, Dryer
  • Interior Amenities: Ceiling Fan(s), Stone Counters, Open Floorplan, Eat-in Kitchen, Kitchen Island
  • Basement: Unfinished
  • Full Bathrooms: 4
  • Total Bedrooms: 6

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.0775
  • Waterfront: No
  • Patio And Porch Features: Deck, Patio
  • Reso Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Driveway, Paved, On Street, Gravel
  • Total Parking Spaces: 67

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s), Zoned, Unit Control, Central Air
  • Heating: Forced Air, Unit Control, Zoned, Natural Gas
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 3375
  • Parcel #: 460121309007000022

Rental Info

  • Pets Allowed: Call
  • Tenant Pays: None
  • Owner Pays: All Utilities

Tax Info

  • Year: 2024
  • Tax Annual Amount: 6930

Multi Family

  • Number Of Units Total: 4

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 For Sale $1,195,000 -- $442 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Source: Northwest Indiana Association of REALTORS®

MLS Number: 825677

Northwest Indiana Association of REALTORS®