Open-Concept Ranch with Covered
6175 River Run Avenue Portage, IN 46368
6175 River Run Avenue, Portage, IN, 46368
$313,354
For Sale
$313,354
SINGLE_FAMILY - Portage, IN
Property Size1,609 SF
Lot Size0.25 Acres
Price / SF$194.75
Days on Market145
Property Features for 6175 River Run Avenue
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Property condition
- Under Construction
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bedroom 2, Den, Bedroom 1, Bathroom 2, Dining Room, Laundry Room, Bathroom 1
- Parking features
- Driveway, Open, Garage, Off Street
- Window features
- Insulated Windows
- Patio and Porch features
- Porch, Patio
- Interior features
- Entrance Foyer, Walk-In Closet(s), Stone Counters, Recessed Lighting, Pantry, Open Floorplan, Kitchen Island, High Ceilings
- Exterior features
- Private Yard, Rain Gutters
- Accessibility
- Accessible Approach with Ramp
- Appliances
- Disposal, Stainless Steel Appliance(s), Refrigerator, Microwave, Gas Water Heater, Gas Range, Dishwasher
- Standard status
- Active
- APN
- 640524327085000016
- Size
- 1,609 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- Rivertrace Subdivision - Phase 1 Lot 37A .249A
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
(219) 762-8578
Listed by
Brent Wright
(219) 406-7195
Added: Feb 27 Updated: Jul 18 at 1:42AM Checked: Jul 22 at 12:06AM
MLS# 834650
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.
Welcome to the Rosewood, an open-concept ranch offering 2 bedrooms, a flex room, and 2 baths. The layout includes a welcoming foyer, a centrally located hall bath, and a flex room that can serve multiple needs. The great room and dining area are filled with natural light from large windows, while the kitchen features an island, quartz countertops, a walk-in pantry, and stainless-steel appliances including the refrigerator. Just off the dining area, a covered patio provides outdoor space. The owner’s suite is privately situated and includes an attached bath with a walk-in shower, a large vanity, and a walk-in closet with abundant shelving. An attached garage provides an owner’s entrance into a laundry room with a utility tub and closet.
Located at 6175 River Run Avenue in Portage, IN, the home is described as part of Rivertrace. Additional details include an energy-efficient furnace, tankless water heater, full sod yard with irrigation, and an included landscape package. The listing also notes a 10-year structural warranty and 4-year workmanship coverage on the roof.
Located at 6175 River Run Avenue in Portage, IN, the home is described as part of Rivertrace. Additional details include an energy-efficient furnace, tankless water heater, full sod yard with irrigation, and an included landscape package. The listing also notes a 10-year structural warranty and 4-year workmanship coverage on the roof.
Key Highlights
- Under construction 2‑bedroom ranch with flex room and 2 bathrooms (Year built 2025)
- Open floorplan with high ceilings, recessed lighting, stone counters, kitchen island, and walk‑in pantry
- Stainless steel appliance package includes refrigerator, microwave, gas range, dishwasher, and disposal
Local Financial Insights For Multifamily LT 5
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 | $22.2k | $13.80 |
| − Vacancy | −$1.3k | −$0.79 |
| EGI | $20.9k | $13.01 |
| − OpEx | −$6.3k | −$3.90 |
| NOI | $14.7k | $9.11 |
1,609 SF · lease $13.80/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$209.4K
$183.2K – $244.3K
NOI $14,657 @ 7.0% cap · market cap 4.68%
Second Best
Apartment 5plus
$182.5K
$159.7K – $213.0K
NOI $12,777 @ 7.0% cap · market cap 4.08%
Theoretical Best
Healthcare Medical
$609.8K
$533.6K – $711.5K
NOI $42,688 @ 7.0% cap · market cap 13.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Open-concept 2-bedroom ranch with a flex room, 2 baths, and a covered patio off the dining area.
Where is this duplex located?
The property is located at 6175 River Run Avenue Portage, IN.
What is the asking price?
The asking price for this property is $313,354.
What are key features of this property?
This property features: Under construction 2‑bedroom ranch with flex room and 2 bathrooms (Year built 2025); Open floorplan with high ceilings, recessed lighting, stone counters, kitchen island, and walk‑in pantry; Stainless steel appliance package includes refrigerator, microwave, gas range, dishwasher, and disposal
