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33417026
33417041

5263 Mulberry Avenue, Portage, IN 46368

TS
IN RB20000815, IL 475192080
Ellsbury Group
Listed by Ellsbury Group
$805,000
1 day on market
Updated 1 day ago

5263 Mulberry Avenue

Details
APN 640515402003000016
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex (+1)
Year Built 1967
Acreage 0.639
Parking Spaces spaces

Multifamily

Marketing description

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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Listing Contacts

TS
IN RB20000815, IL 475192080
Ellsbury Group
Listed by Ellsbury Group

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Additional Information

Name
Tariq Suboh
License
RB20000815
Brokerage
Ellsbury Commercial Group
Title
Founder / Managing Broker
Brokerage Address
9004 Cline Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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