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Paired Villa with Covered Patio

3267 Augusta Boulevard Portage, IN 46368

New
3267 Augusta Boulevard, Portage, IN, 46368
$298,304
For Sale
$298,304

SINGLE_FAMILY - Portage, IN

Property Size1,429 SF
Lot Size0.18 Acres
Price / SF$208.75
Days on Market3

Property Features for 3267 Augusta Boulevard

General Information

Property type
Residential
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
2
Bathrooms
2
Rooms
Bathroom 1, Bedroom 2, Dining Room, Bathroom 2, Bedroom 1, Laundry Room
Parking features
Off Street, Garage, Open, Driveway
Window features
Insulated Windows
Patio and Porch features
Patio, Porch
Interior features
Entrance Foyer, Walk-In Closet(s), Stone Counters, Recessed Lighting, Pantry, Open Floorplan, Kitchen Island, High Ceilings, Eat-in Kitchen
Exterior features
Private Yard, Rain Gutters
Accessibility
Accessible Approach with Ramp
Appliances
Disposal, Stainless Steel Appliance(s), Refrigerator, Microwave, Gas Water Heater, Dishwasher
Standard status
Active
APN
640524327006000016
Size
1,429 SF
Lot size
0.18 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
Rivertrace Subdivision - Phase 1 Lot 3A .183A

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public

Building Details

Year built
2025
Floors in Building
1
Listing Agency McColly Real Estate
3235 Willowcreek Road, Schererville, IN
Listed by Brent Wright
Added: Jul 16 Checked: Jul 18 at 4:06 am
MLS# 842421 Listing URL

Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This brand-new, move-in-ready paired villa is The Quincey, a 2-bedroom, 2-bath home with an open-concept layout. The interior includes 9' ceilings and integrated LED lighting, with the great room opening to the kitchen. The kitchen offers an island, quartz counters, stainless steel appliances, ample cabinet and counter space, and a walk-in pantry. A covered patio provides outdoor space, and the primary suite includes a private bath and walk-in closet.

Outside, the home features a full sod yard with irrigation and landscaping. The Quincey is presented as a high-performance, energy-efficient home with tankless water supply.

The property size is 1,429 square feet on a 0.183-acre lot. The listing notes a 10-year structural warranty, 4-year workmanship on the roof, and a customer care program, and it is located in Portage’s Rivertrace community at 3267 Augusta Boulevard, Portage, IN 46368.

Key Highlights

  • Brand‑new paired villa (The Quincey), under construction; year built 2025
  • 2 bed, 2 bath open floorplan with 9' ceilings, recessed lighting, and high ceilings
  • Kitchen with quartz/stone counters, island, stainless steel appliances, walk‑in pantry, and pantry space

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $21.9k $15.36
− Vacancy −$1.3k −$0.92
EGI $20.6k $14.44
− OpEx −$9.3k −$6.50
NOI $11.3k $7.94
1,429 SF · lease $15.36/SF/yr · vacancy 6.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$162.1K
$141.9K – $189.1K (±1% cap)
NOI $11,348 @ 7.0% cap · market cap 3.80%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$541.6K
$473.9K – $631.9K (±1% cap)
NOI $37,912 @ 7.0% cap · market cap 12.71%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Spa & Massage Center Nail Salon HVAC Service (Bike/Boat/Book/etc) Store Plumbing Service Barber Shop Garden Center (Bike/Boat/Book/etc) Store Electrical Service Computer & Electronic Repair

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Single family property - Move-in-ready paired villa offers 2 bed, 2 bath open concept plan with 9' ceilings and covered patio.
Where is this single family property located?
The property is located at 3267 Augusta Boulevard Portage, IN.
What is the asking price?
The asking price for this property is $298,304.
What are key features of this property?
This property features: Brand‑new paired villa (The Quincey), under construction; year built 2025; 2 bed, 2 bath open floorplan with 9' ceilings, recessed lighting, and high ceilings; Kitchen with quartz/stone counters, island, stainless steel appliances, walk‑in pantry, and pantry space
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