Prime downtown Valparaiso investment opportunity! This well-maintained two-unit property offers the perfect blend of location and versatility--just a short walk to Valparaiso's vibrant downtown filled with popular restaurants, shops, and entertainment, while also being close enough to Valparaiso University to appeal to student renters. Each unit features 2 bedrooms and 1 bath, with the upper unit offering an additional office space--ideal for remote work or study. Both units include spacious walk-in pantries, bright sunrooms, and charming original hardwood floors in select areas, adding character and functionality. Major updates provide peace of mind, including electrical panels and newer windows installed within the last 10 years throughout the home. The two-car garage has also been fully rehabbed in the past decade with a new roof, siding, and windows. Whether you're looking for an investment property, owner-occupied duplex, or rental near campus, this property delivers the best of both worlds--location, charm, and long-term potential.