Custom-Built Paired
6373 Jasmine Avenue Portage, IN 46368
6373 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 Market134
Property Features for 6373 Jasmine Avenue
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Property condition
- Under Construction
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 1, Dining Room, Bathroom 2, Bathroom 1, Laundry Room, Bedroom 3, Bedroom 2
- Parking features
- Open, Garage
- 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
- 640525203018000016
- Size
- 1,500 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- 2ND Replat Of The Arbors Lot 112 .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: Mar 6 Checked: Jul 18 at 10:06 am
MLS# 835031
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.
Custom-built paired villa offering three bedrooms, including a flexible room option for an office setup. The open-concept great room and kitchen include a kitchen island, stainless steel appliances, and Silver Line windows. Interior finishes include Luxury Vinyl Plank, tile, and carpet flooring, along with quartz countertops, soft-close cabinets and drawers, and ceiling fans in all bedrooms and the great room.
The home includes a laundry room with washer and dryer, rubbermaid closet shelving, and stone masonry accents. Mechanical features include an 80% Carrier furnace, 14 SEER A/C, and a 40-gallon hot water tank.
Outside, enjoy an over-sized back patio with options for enclosed finishes. Residents are invited to use the Community Clubhouse and outdoor pergola on the maintained pond within The Arbors community. The property is located at 6373 Jasmine Avenue in Portage, Indiana.
The home includes a laundry room with washer and dryer, rubbermaid closet shelving, and stone masonry accents. Mechanical features include an 80% Carrier furnace, 14 SEER A/C, and a 40-gallon hot water tank.
Outside, enjoy an over-sized back patio with options for enclosed finishes. Residents are invited to use the Community Clubhouse and outdoor pergola on the maintained pond within The Arbors community. The property is located at 6373 Jasmine Avenue in Portage, Indiana.
Key Highlights
- Under construction custom‑built paired villa (Year built 2025) with 3 bedrooms and 1,500 SF of living space
- Open floorplan with kitchen island, granite counters, and stainless steel appliances including gas range, microwave, dishwasher, refrigerator
- Finished interior includes luxury vinyl plank, tile, and carpet flooring; features include cathedral ceilings, walk‑in closets, and ceiling fans
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 | $23.0k | $15.36 |
| − Vacancy | −$1.4k | −$0.92 |
| EGI | $21.7k | $14.44 |
| − OpEx | −$9.7k | −$6.50 |
| NOI | $11.9k | $7.94 |
1,500 SF · lease $15.36/SF/yr · vacancy 6.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$170.2K
$148.9K – $198.5K
NOI $11,912 @ 7.0% cap · market cap 3.73%
Second Best
—
—
no second resolved use
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
Single family properties
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FAQs
What type of property is this?
Single family property - Custom-built paired villa with three bedrooms, open-concept living, stainless steel appliances, and a finished insulated garage.
Where is this single family property located?
The property is located at 6373 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 custom‑built paired villa (Year built 2025) with 3 bedrooms and 1,500 SF of living space; Open floorplan with kitchen island, granite counters, and stainless steel appliances including gas range, microwave, dishwasher, refrigerator; Finished interior includes luxury vinyl plank, tile, and carpet flooring; features include cathedral ceilings, walk‑in closets, and ceiling fans
