Portage, IN Residential Income 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

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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.

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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

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Est. Cap Rate

6.6%
Above avg (5.9%)
Est. NOI

$764K
Annual
Price @ 7% Cap

$10.91M
Suggested

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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

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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.

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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.

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

Half-Duplex Home with Large Garage

3889 Stadium Street, Portage, IN 46368

$275,000

1,252 sqft 0.11 AC lot

Half-duplex home with an open floor plan, granite kitchen counters, and a deep 2.5-car garage.

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Custom-Built Paired Villa

6373 Jasmine Avenue, Portage, IN 46368

$319,000

1,500 sqft 0.11 AC lot

Custom-built paired villa with three bedrooms, open-concept living, stainless steel appliances, and a finished insulated garage.

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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.

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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.

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Half Duplex Home with Finished Garage

3884 Stadium Street, Portage, IN 46368

$275,000

1,252 sqft 0.15 AC lot

Well-maintained half duplex features open-concept living, 2 bedrooms, and a finished 2.5-car garage for added usability.

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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.

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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.

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Duplex with Covered Patio

6176 River Run Avenue, Portage, IN 46368

$294,826

1,429 sqft 0.15 AC lot

Open living areas connect the kitchen, dining space, and great room for everyday use and entertaining.

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Based on your search, we've compiled 43 Potential Opportunities for your consideration. Besides 12 Active listings in Portage, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 23 Off-Market properties to explore as potential leads, plus 4 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

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.

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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.

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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.

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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.

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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.

Agricultural Land Along Trail

Lute Road, Portage, IN 46368

$280,000

13.32 AC lot

R2-zoned acreage with public water and sewer availability.

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Residential Land in Portage, Indiana

Mccool Road, Portage, IN 46368

$799,000

31.95 AC lot

31.95 acre residential parcel in established Portage subdivision.

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Valparaiso Land Development Opportunity

672 Coventry Court, Valparaiso, IN 46385

$485,000

23.00 AC lot

23 acres with utilities, ready for development in Valparaiso.

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Wooded Land in Portage, Indiana

0-tbd Lenburg Road, Portage, IN 46368

$104,500

6.66 AC lot

6+ acres of wooded land near Salt Creek.

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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.

MOBILE HOME PARK, TRAILER PARK

5757 Us Hwy 20, Portage, IN 46368-1393

$230,000

Estimated value

6.86 AC lot

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MOBILE HOME PARK, TRAILER PARK

254 Sandalwood St, Portage, IN 46368-2508

$305,000

Estimated value

3,000 sqft 31.90 AC lot

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CAMPGROUND, RV PARK

5520 Old Porter Rd, Portage, IN 46368-1136

$255,000

Estimated value

4,036 sqft 2.30 AC lot

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MOBILE HOME PARK, TRAILER PARK

Portage, IN 46368

$220,000

Estimated value

5.00 AC lot

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MOBILE HOME PARK, TRAILER PARK

Portage, IN 46368

$295,000

Estimated value

27.73 AC lot

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MOBILE HOME PARK, TRAILER PARK

Portage, IN 46368

$220,000

Estimated value

5.00 AC lot

View details

MOBILE HOME PARK, TRAILER PARK

Portage, IN 46368

$255,000

Estimated value

10.00 AC lot

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MOBILE HOME PARK, TRAILER PARK

Portage, IN 46368

$260,000

Estimated value

10.00 AC lot

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MOBILE HOME PARK, TRAILER PARK

Portage, IN 46368

$260,000

Estimated value

10.00 AC lot

View details

MOBILE HOME PARK, TRAILER PARK

5644 Old Porter Rd, Portage, IN 46368-1155

$225,000

Estimated value

4.46 AC lot

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MOBILE HOME PARK, TRAILER PARK

1930 Marine Dr, Portage, IN 46368-1132

$265,000

Estimated value

4.00 AC lot

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MOBILE HOME PARK, TRAILER PARK

1930 Marine Dr, Portage, IN 46368-1132

$240,000

Estimated value

2.00 AC lot

View details

Portage, IN Residential Income Properties Market Trends and Statistics

Explore 35 residential income properties for sale in Portage, IN, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 119,391 square feet of properties for sale, with an estimated market value of $14,151,801.

Sale prices for residential income properties in Portage, IN start at $274,900, averaging $1,415,180, 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	$1.3M

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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Portage, IN Residential Income Properties for Sale

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

3267 Augusta Boulevard, Portage, IN 46368

6375 Jasmine Avenue, Portage, IN 46368

6367 Jasmine Avenue, Portage, IN 46368

3889 Stadium Street, Portage, IN 46368

6373 Jasmine Avenue, Portage, IN 46368

3860 Stadium Street, Portage, IN 46368

2581 Parkview St, Portage, IN 46368

3884 Stadium Street, Portage, IN 46368

3799 Countryside Drive, Portage, IN 46368

6218 Kathryn Court, Portage, IN 46368

6176 River Run Avenue, Portage, IN 46368

Opportunities in Nearby Cities

400 N Lake Park Ave, Hobart, IN 46342

4052 Reflection Place, Valparaiso, IN 46385

7741 E Ridge Rd, Hobart, IN 46342

4165 Reflection Place, Valparaiso, IN 46385

Potential Development Sites for Consideration

Lute Road, Portage, IN 46368

Mccool Road, Portage, IN 46368

672 Coventry Court, Valparaiso, IN 46385

0-tbd Lenburg Road, Portage, IN 46368

Off-Market Properties in Portage, IN

5757 Us Hwy 20, Portage, IN 46368-1393

254 Sandalwood St, Portage, IN 46368-2508

5520 Old Porter Rd, Portage, IN 46368-1136

Portage, IN 46368

Portage, IN 46368

Portage, IN 46368

Portage, IN 46368

Portage, IN 46368

Portage, IN 46368

5644 Old Porter Rd, Portage, IN 46368-1155

1930 Marine Dr, Portage, IN 46368-1132

1930 Marine Dr, Portage, IN 46368-1132

Portage, IN Residential Income Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

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