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Half Duplex Home with Finished Garage

3884 Stadium Street Portage, IN 46368

3884 Stadium Street, Portage, IN, 46368
$275,000
For Sale
$275,000

SINGLE_FAMILY - Portage, IN

Property Size1,252 SF
Lot Size0.15 Acres
Price / SF$219.65
Days on Market95

Property Features for 3884 Stadium Street

General Information

Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Rooms
Kitchen, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1
Parking features
Open, Garage, Oversize, Driveway
Window features
Aluminum Frames
Patio and Porch features
Patio
Interior features
Cathedral Ceiling(s), Walk-In Closet(s), Recessed Lighting, Pantry, Open Floorplan, Kitchen Island, Granite Counters, Ceiling Fan(s)
Exterior features
Private Yard
Basement
Crawl Space
Appliances
Dryer, Washer, Stainless Steel Appliance(s), Range, Microwave, Gas Water Heater, Gas Range, Dishwasher, Disposal
Standard status
Active
APN
640526402046000016
Size
1,252 SF
Lot size
0.15 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
CARDINAL CROSSING PHASE 2 N PT LOT 240 .15A
Tax Annual Amount
2125

Utilities

Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public

Building Details

Year built
2015
Floors in Building
1
Listing Agency McColly Real Estate
6445 US Highway 6, Schererville, IN
Listed by Diana Smoot · License #RB14015673
Added: Apr 15 Checked: Jul 18 at 4:06 am
MLS# 837127 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 beautifully maintained half duplex offers an open-concept interior with cathedral ceilings and hardwood floors. The kitchen includes granite countertops and stainless steel appliances, supporting both everyday use and entertaining. The home provides 2 bedrooms, including a main suite with a private bath.

Additional improvements include a finished 2.5-car garage and a crawl space for extra storage. Central air is described as newer, approximately 2 years old, and the property includes an irrigation system to support landscaping throughout the year.

Located at 3884 Stadium Street in Portage, Indiana, this move-in-ready home is presented as a single-family style half duplex with residential income classification in the provided information.

Key Highlights

  • 2015‑built half duplex with an open floorplan and cathedral ceilings
  • Kitchen features granite counters, kitchen island, and stainless steel appliances
  • 2 bedrooms with a main suite that includes a private bath and walk‑in closet(s)

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 $19.2k $15.36
− Vacancy −$1.2k −$0.92
EGI $18.1k $14.44
− OpEx −$8.1k −$6.50
NOI $9.9k $7.94
1,252 SF · lease $15.36/SF/yr · vacancy 6.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$142.0K
$124.3K – $165.7K (±1% cap)
NOI $9,942 @ 7.0% cap · market cap 3.62%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$474.5K
$415.2K – $553.6K (±1% cap)
NOI $33,216 @ 7.0% cap · market cap 12.08%
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 - Well-maintained half duplex features open-concept living, 2 bedrooms, and a finished 2.5-car garage for added usability.
Where is this single family property located?
The property is located at 3884 Stadium Street Portage, IN.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 2015‑built half duplex with an open floorplan and cathedral ceilings; Kitchen features granite counters, kitchen island, and stainless steel appliances; 2 bedrooms with a main suite that includes a private bath and walk‑in closet(s)
Contact an agent
More about this property
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