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Portage, IN

Multifamily

Portage, IN Multifamily Properties for Sale

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Valparaiso, IN Lake Station, IN Burns Harbor, IN Chesterton, IN New Chicago, IN Porter, IN Dune Acres, IN Beverly Shores, IN

9 properties

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Portage Multifamily Investment Opportunity

Updated: Nov 21, 2025

Portage Multifamily Investment Opportunity

6021-55 Canden Ave., 2378-2400 Dixie Dr. , 6021-6121 McCasland Ave, Portage, IN 46368

$11,500,000

96,200 sqft

Opportunity to increase Net Operating Income (NOI) through a proven renovation plan, building upon recent 2022‑2023 remodel.
Excellent location** with easy access to the Portage/Ogden train stop for convenient access to Chicago, and proximity to I‑80.
Attractive existing cash flow with room to raise rents to market rates, both without rehab and with continued renovations.
Diverse unit mix of 82 Two Bedroom and 18 One Bedroom units.
Close proximity (5‑15 minute drive) to the Indiana Dunes National Park and Lake Michigan beaches.

This listing looks promising.

Here's a quick look at some key insights for

6021-55 Canden Ave., 2378-2400 Dixie Dr. , 6021-6121 McCasland Ave, Portage, IN 46368

View Property Analytics

Est. Cap Rate

6.6%
Above avg (5.9%)
Est. NOI

$764K
Annual
Price @ 7% Cap

$10.91M
Suggested

View Property Analytics

Two-Bedroom Paired Villa

Updated: Jul 16

Two-Bedroom Paired Villa

3267 Augusta Boulevard, Portage, IN 46368

$294,804

1,429 sqft 0.18 AC lot

1,429 SF paired villa duplex on a 0.183‑acre lot
9' ceilings with integrated LED lighting and recessed lighting
Open floorplan great room connected to a kitchen with island and quartz counters
Tankless water supply with natural gas heating
Covered patio plus private yard with full sod, irrigation, and landscaping

Paired Villa Duplex with Covered Patio

Paired Villa Duplex with Covered Patio

6375 Jasmine Avenue, Portage, IN 46368

$319,000

1,500 sqft 0.11 AC lot

New 2025 paired villa duplex with three bedrooms, a covered patio, and attached finished, insulated garage.

Paired Villa Duplex with Patio

Paired Villa Duplex with Patio

6367 Jasmine Avenue, Portage, IN 46368

$319,000

1,500 sqft 0.11 AC lot

Under-construction paired villa duplex with an open great-room plan, stainless steel appliances, and an oversized patio.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Duplex With Vaulted Ceilings

Duplex With Vaulted Ceilings

3860 Stadium Street, Portage, IN 46368

$274,900

1,300 sqft 0.14 AC lot

Half duplex built in 2018 with two bedrooms, a private primary bath, and an oversized patio.

Under-Construction Residential Home with Patio

Under-Construction Residential Home with Patio

3799 Countryside Drive, Portage, IN 46368

$280,271

1,469 sqft 0.16 AC lot

New construction three-bedroom home with an open floor plan, forced-air heat, and public water and sewer service.

Duplex with Covered Patio

Duplex with Covered Patio

6176 River Run Avenue, Portage, IN 46368

$299,826

1,429 sqft 0.15 AC lot

Low-maintenance duplex home under construction with a covered patio, tankless water heater, and public utilities.

Portage Townhome Units For Sale

Portage Townhome Units For Sale

2581 Parkview St, Portage, IN 46368

Contact for pricing

10,560 sqft

Eight fully occupied townhome units in Portage, Indiana.

Multifamily Investment Property

Multifamily Investment Property

6218 Kathryn Court, Portage, IN 46368

Contact for pricing

For sale multifamily property near major highways, shopping centers, and dining options in Portage, Indiana.

Based on your search, we've compiled 34 Potential Opportunities for your consideration. Besides 9 Active listings in Portage, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 19 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Hampshire Park Apartment Community

Hampshire Park Apartment Community

400 N Lake Park Ave, Hobart, IN 46342

Contact for pricing

226,188 sqft

Garden-style multifamily property with one- and two-bedroom homes and a renovated pool amenity.

Duplex with Private Patio and Garage

Duplex with Private Patio and Garage

4052 Reflection Place, Valparaiso, IN 46385

$345,220

1,633 sqft 0.15 AC lot

Under construction duplex featuring a private patio, a sunroom, oversized windows, and an attached two-car garage.

Mobile Home Park with 13 Homes

Mobile Home Park with 13 Homes

7741 E Ridge Rd, Hobart, IN 46342

Contact for pricing

4.50 AC lot

Mobile home park for sale on Ridge Road with 13 mobile homes plus a separate house and garage.

Duplex Villa Home with Pond Views

Duplex Villa Home with Pond Views

4165 Reflection Place, Valparaiso, IN 46385

$339,000

1,662 sqft 0.13 AC lot

Paired villa duplex built in 2024 with pond frontage, covered patio, and a kitchen with granite counters.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Wooded Homesite in Wheatfield, Indiana

Wooded Homesite in Wheatfield, Indiana

4418 Oakland Court, Wheatfield, IN 46392

Contact for pricing

0.57 AC lot

Spacious, wooded 0.57-acre lot in established neighborhood.

University Park Developable Land

University Park Developable Land

976 Mesa Court, University Park, IL 60484

Contact for pricing

3.20 AC lot

3.2 acres with 24 concrete housing pads in University Park.

Off-Market Properties in Portage, IN

Consider similar Off-Market properties in Portage, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

5757 Us Hwy 20

MOBILE HOME PARK, TRAILER PARK

5757 Us Hwy 20, Portage, IN 46368-1393

$230,000

Estimated value

6.86 AC lot

254 Sandalwood St

MOBILE HOME PARK, TRAILER PARK

254 Sandalwood St, Portage, IN 46368-2508

$305,000

Estimated value

3,000 sqft 31.90 AC lot

5520 Old Porter Rd

CAMPGROUND, RV PARK

5520 Old Porter Rd, Portage, IN 46368-1136

$255,000

Estimated value

4,036 sqft 2.30 AC lot

Portage, IN 46368

MOBILE HOME PARK, TRAILER PARK

Portage, IN 46368

$220,000

Estimated value

5.00 AC lot

Portage, IN 46368

MOBILE HOME PARK, TRAILER PARK

Portage, IN 46368

$295,000

Estimated value

27.73 AC lot

Portage, IN 46368

MOBILE HOME PARK, TRAILER PARK

Portage, IN 46368

$220,000

Estimated value

5.00 AC lot

Portage, IN 46368

MOBILE HOME PARK, TRAILER PARK

Portage, IN 46368

$255,000

Estimated value

10.00 AC lot

Portage, IN 46368

MOBILE HOME PARK, TRAILER PARK

Portage, IN 46368

$260,000

Estimated value

10.00 AC lot

Portage, IN 46368

MOBILE HOME PARK, TRAILER PARK

Portage, IN 46368

$260,000

Estimated value

10.00 AC lot

5644 Old Porter Rd

MOBILE HOME PARK, TRAILER PARK

5644 Old Porter Rd, Portage, IN 46368-1155

$225,000

Estimated value

4.46 AC lot

1930 Marine Dr

MOBILE HOME PARK, TRAILER PARK

1930 Marine Dr, Portage, IN 46368-1132

$265,000

Estimated value

4.00 AC lot

1930 Marine Dr

MOBILE HOME PARK, TRAILER PARK

1930 Marine Dr, Portage, IN 46368-1132

$240,000

Estimated value

2.00 AC lot

6021-55 Canden Ave

Multifamily properties

6021-55 Canden Ave, Portage, IN 46368

Value Estimation by Request

96,200 sqft

5520 Old Porter Rd

CAMPGROUND, RV PARK

5520 Old Porter Rd, Portage, IN 46368-1136

$240,000

Estimated value

1.26 AC lot

Us Hwy 6th 6

MOBILE HOME PARK, TRAILER PARK

Us Hwy 6th 6, Portage, IN 46368

$340,000

Estimated value

2,880 sqft 72.18 AC lot

Portage, IN Multifamily Properties Market Trends and Statistics

Explore 28 multifamily properties for sale in Portage, IN, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 115,387 square feet of properties for sale, with an estimated market value of $13,287,801.

Sale prices for multifamily properties in Portage, IN start at $274,900, averaging $1,898,257, and reaching up to $11,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 40K

Population Growth (5Y) +3.9%

Median Household Income $72,638

College Educated 22.8%

High-Yield Neighborhoods for Investment

Identify Portage submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
46368	$1.9M

Taxes & Financing

Tax Rate (average for all types) 2.52%

Property Tax per SF $55.69 per SF

Tax Rate vs County Average 0.33 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Porter County

New Delisted

Total CRE Inventory on Market (SF)

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