Portage, MI Residential income properties for sale

Lakewood Apartments Investment Opportunity

$4,495,000

9.84 Acres

Lakewood Apartments Investment Opportunity

1525 Bacon Ave, Portage, MI 49002

Well-maintained apartment complex with renovation and development potential.

Future development opportunity on almost 10 acres, potentially with incentives.
Significant upside potential due to below‑market rents.
Majority of units already renovated.
Additional revenue stream possible through RUBS/utility bill back program and renting storage lockers.
Substantial capital improvements already completed.

Updated: Dec 1, 2025

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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Portage, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

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$399,900

Oakland Hills Condo with Amenities

Well-maintained condo in Oakland Hills with community clubhouse and pool.

8691 Oakland Hills Cir, Kalamazoo, MI 49024

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$580,000

0.19 Acres

Multi-Family Investment Opportunity

Two buildings with eight units total, perfect for investment.

715-721 Buchanan Ave, Kalamazoo, MI 49008

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Fully Occupied 8-Unit Apartment Building

$500,000

0.30 Acres

Fully Occupied 8-Unit Apartment Building

Solid brick, low-maintenance apartment building with strong rental history.

114 E Thomas St, Parchment, MI 49004

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Parchment Multifamily Investment Opportunity

$1,700,000

0.75 Acres

Parchment Multifamily Investment Opportunity

24-unit apartment complex in prime location with value-add potential.

503 N Riverview Dr, Parchment, MI 49004

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Portage, MI Residential Income Properties Investment Opportunities Market Analysis

Explore 1 residential income properties for sale in Portage, MI on our real estate platform. These investment opportunities span a total of 576,734 square feet of properties for sale, with an estimated market value of $4,894,000.

Prices for residential income properties in Portage, MI start at $399,000, averaging $2,447,000, and reaching up to $4,495,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

Portage, MI Residential Income Properties for Sale

Lakewood Apartments Investment Opportunity

Well-maintained apartment complex with renovation and development potential.