5263 Mulberry Avenue Portage, IN $ 805,000
5263 Mulberry Avenue
$ 805,000
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5263 Mulberry Avenue

Portage, IN, 46368
$ 805,000
Bedrooms-- Baths-- Sq 4,968

Monthly Estimate*

$ 4,957

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Commercial Property for sale in Portage, IN

for $805,000. This 4,968 square foot building was built in 1967 on a lot size of 0.6391.

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.

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Commercial Active

Price

$ 805,000

Property Type

Commercial

Taxes

$ 10,972

Style

Multi Family

Lot Size

0.6391

Year Built

1967

Town/City

Portage

County/Region

Porter

MLS | Web ID

840159

Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Utilities Electricity Connected Water Connected Sewer Connected Natural Gas Connected
Year Built 1967
Electric 100 Amp Service
Township Portage
Property Subtype Multi Family
Tax Year 2025
County Porter
Property Type Commercial Sale
Building Features Other
Status Active
Directions US 6 to County Line Rd north to Mulberry Ave east to property. Three adjacent duplexes at 5263-65 5271-73 and 5277-79 Mulberry Ave.
City Portage
Lot Size Square Feet 27840
Listing Terms Cash Conventional
Tax Annual Amount 10972
Standard Status Active
Legal Description Cooley's 2ND N1/2 Lot 63 Cooley's 2ND N1/2 Lot 62 Cooley's 2ND N1/2 Lots 61
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Exterior
Exterior Amenities None
Parking Features Driveway
Lot Features Back Yard
Water Source Public
Total Parking 12
Lot Size Acres 0.6391
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Tariq Suboh

Listing Agent

Ellsbury Group

Broker

Tariq@EllsburyGroup.com

Email

Affordability Calculator

$5,871
Per Month
84%
16%
0%
Monthly Principal & Interest
$4,957
Monthly Property Taxes
$914
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1261196 Elementary School
1261197 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/5/2026$805,000 Listed Price

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5263 Mulberry Avenue, Portage, IN, 46368 is a Commercial Property for sale at $805,000 with 4,968 sqft and a lot size of 0.6391. 5263 Mulberry Avenue was built in 1967. The property's zip code is 46368 which is in Portage, IN