Rare opportunity to acquire six rental units across three adjacent duplex buildings in Portage, Indiana. Built in 1967, the property consists of six 2-bedroom, 1-bathroom units averaging approximately 828 square feet each. The portfolio currently produces 7,820 dollars per month in rental income and offers a strong tenant base with a variety of lease terms in place. Tenants are responsible for gas, electric, water, and trash service, while ownership is responsible only for sewer expenses, creating an efficient operating structure. Each unit is separately equipped with its own furnace, central air conditioning system, and water heater, simplifying maintenance and reducing operational complexity. Whether you're looking to expand an existing portfolio or enter the multifamily market, this six-unit investment offers stable cash flow in a well-established Portage rental location. Sale includes three duplex buildings located at 5263-65, 5271-73, and 5277-79 Mulberry Avenue.
Listed By
Agency Name: Ellsbury Group
Agency Phone: (219) 200-5133
Shown By
Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121
Send an email with a link to
5263 Mulberry Avenue, Portage, IN 46368.
Contact an agent to learn more about
5263 Mulberry Avenue, Portage, IN 46368.
Thank you for your inquiry! As a thank you, we have a Special Mortgage Offer for You.
We would like to provide you a free, no-obligation, home loan pre-approval review.
5263 Mulberry Avenue | MLS# 840159
This commercial property located at 5263 Mulberry Avenue, Portage, IN 46368 is currently listed for sale with an asking price of $805,000. Search Portage real estate on www.coldwellbanker1stchoice.com today.