1525 Bacon Avenue Portage, MI $ 4,495,000
1525 Bacon Avenue
$ 4,495,000
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1525 Bacon Avenue

Portage, MI, 49002
$ 4,495,000
Baths0.0

Monthly Estimate*

$ 28,043

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Studio

Multi-Family Home for sale in Portage, MI

for $4,495,000. This home was built in 1978 on a lot size of 9.84.

MOXIE Real Estate + Development is pleased to exclusively offer Lakewood Apartments for sale. This well-maintained property boasts an attractive unit mix with the majority of units already renovated, offering a blend of stability and potential for continued growth. With substantial capital improvements, the property is primed for long-term success. Key features include: renovated Units, additional revenue stream by implementing RUBS/utility bill back program and renting storage the lockers. Rents are well below market. With almost 10 acers, there is a future development opportunity, with a possibility of incentives for future expansion. Lakewood Apartments represents a solid investment opportunity with significant upside potential. For more information, please contact MOXIE.

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Multi-Family Active

Price

$ 4,495,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 76,323

Style

5+ Units

Lot Size

9.84

Year Built

1978

Town/City

Portage

County/Region

Kalamazoo

MLS | Web ID

25059801

Features
General
Sewer Public Sewer
Heating Hot Water Radiant
Utilities Phone Available Natural Gas Available Electricity Available Cable Available Phone Connected Natural Gas Connected Electricity Connected Cable Connected
Possession Close Of Escrow
Roof Composition
Construction Materials Wood Siding
Year Built 1978
Tenant Pays Electric
Township Portage City
Property Subtype 5+ Units
Tax Year 2024
County Kalamazoo
New Construction N
Property Type Multi Family
Status Active
City Portage
High School District Portage
Zoning Description RM-1
Number Of Units Total 48
MLS Area Greater Kalamazoo - K
Lot Size Units Acres
Lot Size Square Feet 428630.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 76323.0
Lease Renewal Y/N N
MLS Area Minor Greater Kalamazoo - K
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 1124600
Senior Community None
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Interior
Basement Slab
Basement (Y/N) N
Heating Y/N Y
Total Baths 0
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Exterior
Total Parking 72.0
Lot Size Area 9.84
Number of Buildings 3
Spa N
Lot Dimensions na
Lot Size Acres 9.84
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1525
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* Excluded Features
List By
Moxie Real Estate + Development

Broker

dannyk@workwithmoxie.com

Email

Affordability Calculator

$34,403
Per Month
82%
18%
0%
Monthly Principal & Interest
$28,043
Monthly Property Taxes
$6,360
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
250164 Elementary School
249180 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/25/2025$4,495,000 Listed Price

Map


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1525 Bacon Avenue, Portage, MI, 49002 is a Multi-Family Home for sale at $4,495,000 with a lot size of 9.84. 1525 Bacon Avenue is a studio with 0.0 baths and was built in 1978. The property's zip code is 49002 which is in Portage, MI