5172 Central Avenue Portage, IN $ 249,900
5172 Central Avenue
$ 249,900
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5172 Central Avenue

Portage, IN, 46368
$ 249,900
Bedrooms5 Baths2.0

Monthly Estimate*

$ 1,559

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Multi-Family Home for sale in Portage, IN

for $249,900 with 5 bedrooms and 2 full baths. This home was built in 1933 on a lot size of 0.4984.

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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Multi-Family Pending

Price

$ 249,900

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,326

Style

Duplex

Lot Size

0.4984

Year Built

1933

Town/City

Portage

County/Region

Porter

MLS | Web ID

829459

Features
Interior
Interior Amenities Ceiling Fan(s)
Fireplace Y/N N
Above Grade Finished Area 2278
Half Baths 0
3/4 Baths 0
Total Bedrooms 5
Total Baths 2
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General
Sewer Public Sewer
Heating Forced Air Natural Gas
Appliances Gas Range Refrigerator
Pets Allowed No
Year Built 1933
Township Portage
Levels Two
Property Subtype Duplex
Tax Year 2024
County Porter
New Construction N
Property Type Residential Income
HOA N
Subdivision Name None
Garage Y/N N
Total Rooms 11
Full Baths 2
Status Pending
Directions From County Line Rd. east on Central Ave. The property is on the northside of Central Ave. between Blake Rd. and Hickory St.
City Portage
High School District Portage Township
Lot Size Square Feet 21710
Listing Terms Cash Conventional
Tax Annual Amount 4326
Standard Status Pending
Legal Description W1/2 E129.86 W506.56 N336.44 SE NW NRD 15-36-7 .50
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Exterior
Exterior Amenities Private Yard
Lot Features Back Yard Rectangular Lot Landscaped Front Yard
Water Source Public
Lot Size Acres 0.4984
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Charles Vanderstelt

Listing Agent

Listing Leaders

Broker

chuck@quadwalls.com

Email

Affordability Calculator

$1,920
Per Month
81%
19%
0%
Monthly Principal & Interest
$1,559
Monthly Property Taxes
$361
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4001627 Elementary School
4001629 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/17/2025$249,900 Listed Price

Map


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5172 Central Avenue, Portage, IN, 46368 is a Multi-Family Home for sale at $249,900 with a lot size of 0.4984. 5172 Central Avenue has 5 bedrooms, 2.0 baths, and was built in 1933. The property's zip code is 46368 which is in Portage, IN