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5172 Central Avenue, Portage, IN 46368

Local realty services provided by:CENTURY 21 Affiliated
Listed by: charles vanderstelt, david spaliaras
Office: listing leaders
MLS#:829459
Source:Northwest Indiana AOR as distributed by MLS GRID
5172 Central Avenue,Portage, IN 46368
$240,000
  • 5 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Sold

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Price summary

  • Price:$240,000

About this home

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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Home facts

  • Year built:1933
  • Listing ID #:829459
  • Added:61 day(s) ago
  • Updated:December 18, 2025 at 07:48 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Full bathrooms:2

Structure and exterior

  • Year built:1933

Utilities

  • Water:Public

Finances and disclosures

  • Price:$240,000
  • Tax amount:$4,326 (2024)
Based on information submitted to the MLS GRID as of December 18, 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

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