5172 Central Avenue, Portage, IN 46368
- $240,000
- 5
- BD
- 2
- BA
- Sold Price
- $240,000
- List Price
- $249,900
- Status
- CLOSED
- MLS#
- 829459
- Closing Date
- Dec 15, 2025
- Year Built
- 1933
- Days On Market
- 59
- Bedrooms
- 5
- Bathrooms
- 2
- Township
- Portage
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.
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Additional Information
- Acres
- 0.50
- Taxes
- $4,326
- Water
- Public
- Heating
- Forced Air, Natural Gas
- Appliances
- Gas Range, Refrigerator
- School District
- Portage Township
- Agent Name
- Charles Vanderstelt
Listing courtesy of Charles Vanderstelt from Listing Leaders.
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