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Listed price in listed location currency (USD).
$805,000

0012

MLS® 840159

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size 4968 sqft
Garage 
Taxes $10,972
Days Active 0
Lot Size 
Approx. Age 1967
Avg. Price Per Sqft $162
MLS® Number 840159

Property Address: 5263 Mulberry Ave, Portage, IN, 46368-2867

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number840159
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1967
BasementCrawl Space
DrivewayDriveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 5, 2026List Date
$805,000List Price
  • Commute

Commute

Starting Address
Destination Address
5263 Mulberry Ave, Portage, IN

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