5263 Mulberry Avenue, Portage, IN 46368

• 4,968 sqft

Property 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.

Listing Status:

Pending

Data Last Updated:

July 6, 2026 at 12:22AM

Listing Office:

Ellsbury Group : (219) 200-5133

Listing Agent:

Tariq Suboh :

MLS ID:

840159

Interior

• Basement: Crawl Space
• Heating: Forced AirNatural Gas

Exterior

• General: None
• Parking: DrivewayParking spaces: 12

Location

• Originating MLS: nira
• County: Porter

Lot

• Zoning: Cooley's 2ND N1/2 Lot 63Cooley's 2ND N1/2 Lot 62Cooley's 2ND N1/2 Lots 61640515402003000016

Utilities

• Utilities: Electricity ConnectedWater ConnectedSewer ConnectedNatural Gas Connected100 Amp Service
• Water: Public
• Sewer: Public Sewer

Financial

• Source: nira