Portage IN Multi Family for Sale
$450,000
1848 Truman Street Portage, IN 46368
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Year built:
- 1974
- Baths:
- 4.00
- MLS#:
- 806797
- Subdivision:
- Heritage Heights
ADDITIONAL INFORMATION
This 4-unit apartment building in Portage 3 of the 4 units fully updated and rehabbed inside and out. 30 min away from IL and MI border, less than 1 hour away from Downtown Chicago. Each unit is occupied except for one, and the current gross income is about $35,820 annually. All units have one bedroom, 1 bathroom, & a large living room and kitchen. This property is professionally managed, which is an ideal situation for post-acquisition. The owner pays very little for utilities, tenants pay for almost all. This investment property projects to be a 9.5%+ cap rate after a few simple moves. Reach out for detailed data, and to schedule a viewing of the property now!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Year built:
- 1968
- Baths:
- 2.00
- MLS#:
- 806775
- Subdivision:
- Willowdale #6 Sec A
ADDITIONAL INFORMATION
This all-brick duplex features 2-bed, 1-bath and approximately 897 sf on each side. Each currently rented for $1,050 per month per unit with both leases expiring on 10/31/2024. With market rents in the area at $1,400 per month per unit, there's excellent potential for increased cash flow. Tenants cover gas, electric, and water, while the owner is responsible for sewer and trash. Situated in a desirable Portage neighborhood, this property is perfect for investors looking to capitalize on strong rental demand. This duplex is a versatile opportunity you won't want to miss. Schedule your showing today!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Year built:
- 1968
- Baths:
- 2.00
- MLS#:
- 806778
- Subdivision:
- Portage Aspen Avenue 08-3 / 083 / 1.000
ADDITIONAL INFORMATION
This all-brick duplex features 2-bed, 1-bath and approximately 897 sf on each side. Each currently rented for $950 per month per unit with both leases expiring in 2025. With market rents in the area at $1,400 per month per unit, there's excellent potential for increased cash flow. Tenants cover gas, electric, and water, while the owner is responsible for sewer and trash. Situated in a desirable Portage neighborhood, this property is perfect for investors looking to capitalize on strong rental demand. This duplex is a versatile opportunity you won't want to miss. Schedule your showing today!
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
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Portage Real Estate
The median home value in Portage, IN is $161,800. This is lower than the county median home value of $200,700. The national median home value is $219,700. The average price of homes sold in Portage, IN is $161,800. Approximately 64.15% of Portage homes are owned, compared to 29.5% rented, while 6.34% are vacant. Portage real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Portage real estate agent to arrange a tour today!
Portage, Indiana 46368 has a population of 36,849. Portage 46368 is less family-centric than the surrounding county with 26.55% of the households containing married families with children. The county average for households married with children is 32.92%.
The median household income in Portage, Indiana 46368 is $54,566. The median household income for the surrounding county is $65,979 compared to the national median of $57,652. The median age of people living in Portage 46368 is 39.1 years.
Portage Weather
The average high temperature in July is 82.6 degrees, with an average low temperature in January of 16.8 degrees. The average rainfall is approximately 39.5 inches per year, with 35.7 inches of snow per year.