Custom-Built Paired Villa
6367 Jasmine Avenue Portage, IN 46368
6367 Jasmine Avenue, Portage, IN, 46368
$319,000
For Sale
$319,000
SINGLE_FAMILY - Portage, IN
Property Size1,500 SF
Lot Size0.11 Acres
Price / SF$212.67
Days on Market169
Property Features for 6367 Jasmine Avenue
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Property condition
- Under Construction
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2, Dining Room, Bedroom 3, Laundry Room
- Parking features
- Garage, Open
- Patio and Porch features
- Patio
- Interior features
- Cathedral Ceiling(s), Walk-In Closet(s), Open Floorplan, Kitchen Island, Granite Counters, Ceiling Fan(s)
- Appliances
- Dryer, Washer, Refrigerator, Microwave, Gas Range, Dishwasher
- Standard status
- Active
- APN
- 640525203016000016
- Size
- 1,500 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- 2ND Replat Of The Arbors Lot 114 .12A Ditch
- Tax Annual Amount
- 6
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 2025
- Floors in Building
- 1
Listing Agency
McColly Real Estate
(219) 322-5508
850 Deer Creek Dr, Schererville, IN
Listed by
Jeffrey Fryzel · License #475168697
(708) 243-1827
Added: Jan 30 Checked: Jul 18 at 4:06 am
MLS# 833448
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 custom-built paired villa duplex features three spacious bedrooms, including one with a flexible office setup. The open-concept great room and kitchen include a kitchen island and stainless steel appliances, complemented by premium Silver Line windows designed to bring natural light into the home’s 1,500 square feet. Finishes include luxury vinyl plank, tile, and carpet flooring, with kitchens offering quartz countertops, soft-close cabinets and drawers, and a dedicated laundry room with a washer and dryer. The home also includes ceiling fans in all bedrooms and the great room, rubbermaid closet shelving, and stone masonry accents.
Additional improvements include an 80% Carrier furnace, a 14 SEER A/C unit, and a 40-gallon hot water tank. An insulated, finished garage adds year-round usability, and an oversized back patio includes options for enclosed finishes.
Residents are also invited to enjoy the community clubhouse and an outdoor pergola overlooking two maintained ponds. The property is presented as part of The Arbors community, with future pre-sold homes offering additional selection options for owners seeking more customized finishes.
Additional improvements include an 80% Carrier furnace, a 14 SEER A/C unit, and a 40-gallon hot water tank. An insulated, finished garage adds year-round usability, and an oversized back patio includes options for enclosed finishes.
Residents are also invited to enjoy the community clubhouse and an outdoor pergola overlooking two maintained ponds. The property is presented as part of The Arbors community, with future pre-sold homes offering additional selection options for owners seeking more customized finishes.
Key Highlights
- Under construction 2025 paired villa with 3 bedrooms and an open great‑room and dining room layout
- Kitchen island, granite counters, and stainless steel appliance package including gas range, microwave, dishwasher, refrigerator
- 1500 sq ft of living space with cathedral ceilings and premium Silver Line windows for natural light
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 | $20.7k | $13.80 |
| − Vacancy | −$1.2k | −$0.79 |
| EGI | $19.5k | $13.01 |
| − OpEx | −$5.9k | −$3.90 |
| NOI | $13.7k | $9.11 |
1,500 SF · lease $13.80/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$195.2K
$170.8K – $227.7K
NOI $13,664 @ 7.0% cap · market cap 4.28%
Second Best
Apartment 5plus
$170.2K
$148.9K – $198.5K
NOI $11,912 @ 7.0% cap · market cap 3.73%
Theoretical Best
Healthcare Medical
$568.5K
$497.5K – $663.3K
NOI $39,796 @ 7.0% cap · market cap 12.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Paired villa duplex with three bedrooms, open-concept great room, and stainless appliances within a finished, insulated garage setting.
Where is this duplex located?
The property is located at 6367 Jasmine Avenue Portage, IN.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: Under construction 2025 paired villa with 3 bedrooms and an open great‑room and dining room layout; Kitchen island, granite counters, and stainless steel appliance package including gas range, microwave, dishwasher, refrigerator; 1500 sq ft of living space with cathedral ceilings and premium Silver Line windows for natural light
