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Portage, IN Apartment Buildings for Sale

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Canden Crossing Apartments
$12,500,000
96,200 SF

Canden Crossing Apartments

6021-55 Canden Ave, Portage, IN 46368

100-Unit Multifamily Investment

  • 82 two‑bedroom and 18 one‑bedroom units.
  • Strong current cash flow with potential for increased revenue through continued renovations.
  • Convenient access to the Portage‑Ogden train station.
  • Close proximity to Indiana Dunes National Park and other outdoor recreation.
  • Significant rental upside through market rate adjustments and further renovations.
Updated: Dec 11, 2024
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Portage Multifamily Investment Opportunity
$12,250,000
96,200 SF

Portage Multifamily Investment Opportunity

6021-55 Mccasland Ave, Portage, IN 46368

100-unit multifamily property in Portage, Indiana, with renovation upside.

  • Opportunity to increase Net Operating Income (NOI) through a proven renovation plan, building upon recent 2022‑2023 remodel.
  • Excellent location with easy access to the Portage/Ogden train stop for convenient access to Chicago, and proximity to I‑80.
  • Attractive existing cash flow with room to raise rents to market rates, both without rehab and with continued renovations.
  • Diverse unit mix of 82 Two Bedroom and 18 One Bedroom units.
  • Close proximity (5‑15 minute drive) to the Indiana Dunes National Park and Lake Michigan beaches.
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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Portage, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

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Remodeled Condo with Modern Updates

Open concept condo featuring modern updates and stainless steel appliances.

186 Mallard Pointe Dr, Valparaiso, IN 46385
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Updated First-Floor Condo with Garage
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Updated First-Floor Condo with Garage

Updated first-floor condo with garage, convenient location, and included amenities.

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Updated Residential Income Property

Four-unit investment property with recent updates.

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East Chicago Multifamily Investment Opportunity
$230,000
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East Chicago Multifamily Investment Opportunity

Value-add multifamily property in East Chicago, Indiana.

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Explore Off-Market Properties in Portage, IN

Consider similar Off-Market properties in Portage, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

6021-55 Canden Ave

6021-55 Canden Ave

Multifamily properties • 96,200 SF
Value Estimation by Request
6021-55 Canden Ave, Portage, IN 46368
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Portage, IN Apartment Buildings Investment Opportunities Market Analysis

Explore 3 apartment buildings for sale in Portage, IN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $24,750,000.

Prices for two-family homes in Portage, IN start at $0.00, averaging $8,250,000, and reaching up to $12,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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