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Portage, MI Multifamily Properties for Sale

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Lakewood Apartments Investment Opportunity
$4,495,000
9.84 Acres

Lakewood Apartments Investment Opportunity

1525 Bacon Ave, Portage, MI 49002

Well-maintained apartment complex with renovation and development potential.

  • Future development opportunity on almost 10 acres, potentially with incentives.
  • Significant upside potential due to below‑market rents.
  • Majority of units already renovated.
  • Additional revenue stream possible through RUBS/utility bill back program and renting storage lockers.
  • Substantial capital improvements already completed.
Updated: Dec 1, 2025
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Portage Duplex on 3.4 Acres
Pending
$399,000
3.40 Acres

Portage Duplex on 3.4 Acres

10011 Lloy St, Portage, MI 49024

Income-producing duplex on 3.4 acres near Shrier Park.

  • Income‑producing duplex on a large 3.4‑acre lot.
  • Prime location directly across from Shrier Park, close to trails, recreation, shopping, dining, and Portage schools.
  • Each unit features 2 bedrooms, 1 bathroom, a full basement, and a wood‑burning fireplace.
  • Separate utilities, furnaces, and water heaters for each unit.
  • Solid brick construction and newer roof.
Updated: Nov 14, 2025
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Portage, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Explore Opportunities in Nearby Cities

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

Kalamazoo Triplex Investment Opportunity
Pending
$260,000
0.27 Acres

Kalamazoo Triplex Investment Opportunity

Three-unit property in Kalamazoo's Milwood neighborhood, ideal for investors.

3831 Portage St, Kalamazoo, MI 49001
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Kalamazoo Multifamily Investment Opportunity
$560,000
0.60 Acres

Kalamazoo Multifamily Investment Opportunity

Well-maintained 8-unit property with long-term tenants and recent updates.

3227 St Joseph, Kalamazoo, MI 49001
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Mattawan Income-Producing Multi-Family Property
$540,000
1.00 Acre

Mattawan Income-Producing Multi-Family Property

Six-unit property in Mattawan with recent updates and strong rental history.

23753 Red Arrow Hwy, Mattawan, MI 49071
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Prime Mattawan Commercial Property
$489,000
0.62 Acres

Prime Mattawan Commercial Property

High-traffic corner lot, 921 sq ft.

23913 Red Arrow Hwy, Mattawan, MI 49071
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Portage, MI Multifamily Properties Investment Opportunities Market Analysis

Explore 2 multifamily properties for sale in Portage, MI on our real estate platform. These investment opportunities span a total of 576,734 square feet of properties for sale, with an estimated market value of $4,894,000.

Prices for multifamily properties in Portage, MI start at $399,000, averaging $2,447,000, and reaching up to $4,495,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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