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Single-Family Home with Covered Patio

6176 River Run Avenue Portage, IN 46368

6176 River Run Avenue, Portage, IN, 46368
$302,826
For Sale
$302,826

SINGLE_FAMILY - Portage, IN

Property Size1,429 SF
Lot Size0.15 Acres
Price / SF$211.91
Days on Market128

Property Features for 6176 River Run Avenue

General Information

Property type
Residential
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
2
Bathrooms
2
Rooms
Bathroom 1, Bedroom 2, Bathroom 2, Great Room, Bedroom 1, Laundry Room
Parking features
Garage
Window features
Insulated Windows
Patio and Porch features
Porch
Interior features
Entrance Foyer, Walk-In Closet(s), Stone Counters, Recessed Lighting, Open Floorplan, Kitchen Island, High Ceilings, Eat-in Kitchen
Exterior features
Rain Gutters
Appliances
Disposal, Stainless Steel Appliance(s), Refrigerator, Microwave, Gas Water Heater, Gas Range, Dishwasher
Standard status
Active
APN
640524327082000016
Size
1,429 SF
Lot size
0.15 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
Rivertrace Subdivision - Phase 1 Lot 39B .153A

Utilities

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

Building Details

Year built
2026
Floors in Building
1
Listing agency Realty Executives Premier
Listed by Alexander Nickla
Added: Mar 16 Updated: Jul 18 at 1:42AM Checked: Jul 21 at 8:06PM
MLS# 835530

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.

Move-in ready single-family home with 9-foot ceilings and natural lighting, complemented by integrated LED lighting throughout. The open great room and dining area connects to a kitchen with stained cabinets, peppercorn quartz countertops, an island, stainless steel appliances including a refrigerator, and a walk-in pantry. A covered patio provides an outdoor space for relaxing or entertaining.

The primary suite includes a private bath and a large walk-in closet, along with a linen closet. Additional interior features include a dedicated laundry room with a utility tub. Outside, the property includes a low-maintenance yard with full sod, landscaping, and irrigation.

Energy-efficient upgrades include a tankless water supply and energy-efficient windows. Structural warranty coverage is provided for 10 years, with roof workmanship covered for 4 years.

Key Highlights

  • Under construction, 2026 year built home with 9' ceilings and an open floorplan
  • Kitchen with island, stone counters, recessed lighting, and stainless steel appliances including refrigerator, gas range, microwave, and dishwasher
  • Primary suite with private bath, large walk‑in closet, and linen closet

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 $19.7k $13.80
− Vacancy −$1.1k −$0.79
EGI $18.6k $13.01
− OpEx −$5.6k −$3.90
NOI $13.0k $9.11
1,429 SF · lease $13.80/SF/yr · vacancy 5.70% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$186.0K
$162.7K – $217.0K (±1% cap)
NOI $13,017 @ 7.0% cap · market cap 4.30%
Second Best
Apartment 5plus
$162.1K
$141.9K – $189.1K (±1% cap)
NOI $11,348 @ 7.0% cap · market cap 3.75%
Theoretical Best
Healthcare Medical
$541.6K
$473.9K – $631.9K (±1% cap)
NOI $37,912 @ 7.0% cap · market cap 12.52%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

FAQs

What type of property is this?
Duplex - Move-in ready home featuring 9-foot ceilings and a covered patio, plus a primary suite with private bath.
Where is this duplex located?
The property is located at 6176 River Run Avenue Portage, IN.
What is the asking price?
The asking price for this property is $302,826.
What are key features of this property?
This property features: Under construction, 2026 year built home with 9' ceilings and an open floorplan; Kitchen with island, stone counters, recessed lighting, and stainless steel appliances including refrigerator, gas range, microwave, and dishwasher; Primary suite with private bath, large walk‑in closet, and linen closet
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