Portage Townhome Units For
2581 Parkview St, Portage, IN 46368
Eight fully occupied townhome units in Portage, Indiana.
Type:Multifamily
Property size:
10,560 SFPrice / SF:
$122/SF- Added:
- Feb 25, 2026
- Days on Market:
- 76
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 2581 Parkview St
General Information
- Standard status
- Active
- Size
- 10,560 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1989
Listing agent Tariq Suboh License #RB20000815
Listing office Ellsbury Group
Listing date Feb 25, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Ellsbury Group
HighLights
- Fully occupied multi‑unit townhome property generating over $143,000 in gross annual rental income.
- Projected gross annual rental income exceeding $168,000 once all units are at market rent.
- Operating at a true 7% cap rate based on actual performance, projecting to approximately 8.4% at market rents.
- Rare opportunity to acquire eight townhome units in Portage, Indiana.
- Each unit features a spacious three‑bedroom, one‑and‑a‑half‑bath layout.
- Each unit includes a private fenced back patio.
Overview
This property features eight townhome units located in Portage, Indiana. Each unit offers a three-bedroom, one-and-a-half-bath layout, complemented by a private, fenced back patio. Tenants are responsible for covering the costs of gas and electric utilities, while the property ownership handles water and trash services. The property generates over $143,000 in gross annual rental income. Projections indicate that the income could exceed $168,000 once all units are brought to market rent. The property is currently operating at a true 7% cap rate based on actual performance and projects to approximately an 8.4% cap rate at market rents with updated pro forma expenses. The property size is 10560 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Portage
- County
- Porter
- State
- Indiana
- Longitude
- -87.16496
- Latitude
- 41.576746
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Eight fully occupied townhome units in Portage, Indiana.
Where is this apartment building located?
The property is located at 2581 Parkview St Portage, IN.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Fully occupied multi‑unit townhome property generating over $143,000 in gross annual rental income.; Projected gross annual rental income exceeding $168,000 once all units are at market rent.; Operating at a true 7% cap rate based on actual performance, projecting to approximately 8.4% at market rents.
