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Half Duplex Home with Finished Garage

3860 Stadium Street Portage, IN 46368

New
3860 Stadium Street, Portage, IN, 46368
$274,900
For Sale
$274,900

SINGLE_FAMILY - Portage, IN

Property Size1,300 SF
Lot Size0.14 Acres
Price / SF$211.46
Days on Market6

Property Features for 3860 Stadium Street

General Information

Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Rooms
Kitchen, Laundry Room, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1
Parking features
Garage, Driveway, On Street, Off Street, Open
Window features
Blinds
Patio and Porch features
Patio
Interior features
Ceiling Fan(s), Walk-In Closet(s), Vaulted Ceiling(s), Recessed Lighting, Pantry, Open Floorplan, Granite Counters, Eat-in Kitchen
Basement
Crawl Space
Appliances
Dryer, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Gas Water Heater, Gas Range, Dishwasher
Standard status
Active
APN
640526402067000016
Size
1,300 SF
Lot size
0.14 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
CARDINAL CROSSING PHASE 2 E46' LOT 234 .14A
Tax Annual Amount
2213

Utilities

Sewer type
Public Sewer
Heating system
Central, Natural Gas, Forced Air
Water source
Public

Building Details

Year built
2018
Floors in Building
1
Listing Agency Listing Leaders
410 Lincolnway, Valparaiso, IN
Listed by Nicole Pleasant
Added: Jul 13 Checked: Jul 18 at 7:06 am
MLS# 842175 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.

Well-maintained half duplex featuring an open-concept floor plan with vaulted ceilings. The main living area, kitchen, and hallway include luxury vinyl plank flooring, and the living room has custom blinds. The kitchen offers granite countertops, a tile backsplash, stainless steel appliances, a massive pantry, and custom cabinetry with a display cabinet and accent lighting.

The home includes two bedrooms, with the primary suite offering a walk-in closet and a private bath. Additional features include a finished two-car garage, an irrigation system, and an oversized 10' x 20' patio. Televisions, mounts, and garage shelving are included.

Conveniently located near major shopping, restaurants, and medical facilities. There is no HOA.

Key Highlights

  • 2018‑built half duplex with an open‑concept layout, vaulted ceilings, and recessed lighting.
  • Kitchen features granite counters, tile backsplash, pantry, and stainless steel appliances, including a gas range.
  • Primary suite includes a walk‑in closet and private bath; additional bedroom and full bath included.

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 $20.0k $15.36
− Vacancy −$1.2k −$0.92
EGI $18.8k $14.44
− OpEx −$8.4k −$6.50
NOI $10.3k $7.94
1,300 SF · lease $15.36/SF/yr · vacancy 6.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$147.5K
$129.0K – $172.1K (±1% cap)
NOI $10,323 @ 7.0% cap · market cap 3.76%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$492.7K
$431.1K – $574.8K (±1% cap)
NOI $34,490 @ 7.0% cap · market cap 12.55%
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

Parking Lot & Garage Skin Care Clinic Real Estate Agency Spa & Massage Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Daycare Center 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 half duplex with an open-concept layout, two bedrooms, a private primary bath, and a finished two-car garage.
Where is this single family property located?
The property is located at 3860 Stadium Street Portage, IN.
What is the asking price?
The asking price for this property is $274,900.
What are key features of this property?
This property features: 2018‑built half duplex with an open‑concept layout, vaulted ceilings, and recessed lighting.; Kitchen features granite counters, tile backsplash, pantry, and stainless steel appliances, including a gas range.; Primary suite includes a walk‑in closet and private bath; additional bedroom and full bath included.
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