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In-PersonVirtual Tour
$ 4,200,000
Est. payment | /mo
37,240 SqFt
$ 4,200,000
Est. payment | /mo
37,240 SqFt
Open House
Fri Sep 04, 2:00pm - 4:30pm
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 37,240 sqft
Price per Sqft $112
MLS Listing ID 844657
Year Built 1995
Annual Tax Amount $61,090
Tax Year 2025
Lot Size 3.330 Acres
Property Sub-Type Multi Family
Property Description
Rare opportunity to acquire a 28-unit multifamily portfolio in Porter, Indiana, consisting of three townhome-style properties totaling approximately 37,240 SF. The portfolio includes one 12-unit property and two 8-unit properties, with all units featuring 2-bedroom, 1.5-bath layouts. Properties are individually metered, with tenants responsible for electric, gas, water/sewer and trash, creating a low owner expense structure. Private outdoor space, in-unit laundry hookups and additional garage income enhance the offering. Strong in-place income with additional upside through continued rent growth. Conveniently located near I-94, US-20, the South Shore Line and Indiana Dunes National Park. Properties are available for purchase as a complete 28-unit portfolio or individually. Excellent opportunity for an investor seeking immediate scale in Northwest Indiana's multifamily market.
Location
State IN
County Porter
Interior
Heating Natural Gas
Cooling Central Air
Fireplace No
Exterior
Utilities Available Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
Roof Type Shingle
Building
Story 2
Structure Type Vinyl Siding
Others
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Listed by Ellsbury Group
Nearby Locations
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Mark Keene
Managing Broker License ID: RB18001895