$805,000

4,968

square ft

5263 Mulberry Avenue

Portage, Indiana 46368

Name: 5263 Mulberry Avenue, Portage, IN 46368
Price: 805000 USD
Availability: InStock

New / MLS #840159 / Multiple Family / Portage

Listing information updated 6/9/2026 at 12:04pm

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.

See it in person

Open House

2:00pm - 4:30pm Friday, June 12th, 2026 6/12/26

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Full Features

Exterior Type:

Brick

Basement:

Crawl Space

Water Front:

Square Feet:

4,968

Lot Size:

0.6391 Acres

Acreage:

0.6391

Built:

1967

Parking Spaces:

Cooling System:

Central Air

Roof:

Shingle

Current Use:

Multi-Family

Business Use:

Other

Potential Use:

Multi-Family, Residential

Building Square Feet:

4,968

Taxes & Assessments

Tax Amount:

$10,972

Tax Year:

2025

Location

Zip Code:

46368

City:

Portage

County:

Porter

Exterior Type:

Brick

Basement:

Crawl Space

Water Front:

Square Feet:

4,968

Lot Size:

0.6391 Acres

Acreage:

0.6391

Built:

1967

Parking Spaces:

Cooling System:

Central Air

Roof:

Shingle

Current Use:

Multi-Family

Business Use:

Other

Potential Use:

Multi-Family, Residential

Building Square Feet:

4,968

Tax Amount:

$10,972

Tax Year:

2025

Zip Code:

46368

City:

Portage

County:

Porter

Listing Office: Ellsbury Commercial Group LLC

Listing Office Phone: 219.200.5133

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 6/9/2026 at 12:04pm. 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.

5263 Mulberry Avenue

Portage, Indiana 46368