$240,000

beds

baths

2,278

square ft

5172 Central Avenue

Portage, Indiana 46368

Closed / MLS #829459 / Multiple Unit (2-4) / Portage

Listing information updated 12/15/2025 at 12:44pm

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.

Full Features

Basement:

Unfinished

Beds Above Grade:

Cooling System:

Ceiling Fan(s)

Heating System:

Forced Air, Natural Gas

Appliances:

Gas Range, Refrigerator

Pool:

Age:

92 Years

Room Count:

Water Front:

Square Feet:

2,278

Lot Size:

0.4984 Acres

Acreage:

0.4984

Taxes & Assessments

Tax Amount:

$4,326

Tax Year:

2024

Location

Zip Code:

46368

City:

Portage

County:

Porter

Schools

School District(s):

Portage Township

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Basement:

Unfinished

Beds Above Grade:

Cooling System:

Ceiling Fan(s)

Heating System:

Forced Air, Natural Gas

Appliances:

Gas Range, Refrigerator

Pool:

Age:

92 Years

Room Count:

Water Front:

Square Feet:

2,278

Lot Size:

0.4984 Acres

Acreage:

0.4984

Tax Amount:

$4,326

Tax Year:

2024

Zip Code:

46368

City:

Portage

County:

Porter

School District(s):

Portage Township

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: Listing Leaders

Listing Office Phone: 219.462.5478

Disclaimer: The data relating to real estate for sale on this website comes courtesy of NIRA as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/15/2025 at 12:44pm. 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.