Portage, IN 46368,5172 Central Avenue
Portage, IN 46368,5172 Central Avenue
Portage, IN 46368,5172 Central Avenue
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$249,900
Est. payment /mo
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5 Beds
2 Baths
0.5 Acres Lot
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5172 Central Avenue Portage, IN 46368

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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

Rooms

Basement Unfinished

Interior

Interior Features Ceiling Fan(s)

Heating Forced Air, Natural Gas

Cooling Ceiling Fan(s)

Fireplace No

Appliance Gas Range, Refrigerator

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


Listed by Listing Leaders

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Dennis & Karen

Dennis & Karen

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+1(219) 213-3346

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5172 Central Avenue