5172 Central Avenue new Save Request In-Person Tour Request Virtual Tour
Portage,IN 46368
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 829459
Bedrooms 5
Full Baths 2
Year Built 1933
Annual Tax Amount $4,326
Tax Year 2024
Lot Size 0.498 Acres
Property Sub-Type Duplex
Property Description
Start or add on to your real estate investment portfolio with this two-unit property in Portage. The main level unit includes two bedrooms and one full bathroom. The upper level unit has three bedrooms and one full bathroom. Both units are in good condition and have received recent interior updates. Each unit is currently occupied with leases running into spring and summer 2026. The current leases have the two-bedroom at 1,100 per month and the three-bedroom renting for 1,200 per month. The property is located on a main thoroughfare with excellent visibility for when needing rented in the future. The lot is one-half acre, leaving plenty of room to add storage or a garage to increase both the property's value and potential rent. Tenants pay water, electricity, and natural gas. The landlord pays sewer and stormwater expenses.
Location
State IN
County Porter
Interior
Heating Forced Air,Natural Gas
Cooling Ceiling Fan(s)
Exterior
Exterior Feature Private Yard
Building
Lot Description Back Yard,Rectangular Lot,Front Yard,Landscaped
Schools
School District Portage Township
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional