2573-2581 Parkview Street, Portage, IN 46368 (MLS# 834509)

2573-2581 Parkview Street, Portage, IN 46368

$1,260,000

Property Type: Commercial Sale Square Footage: 10,560 Lot Size (sq. ft.): 17,424 Status: Closed

Current Price: $1,260,000 List Date: 2/25/2026 Last Modified: 4/08/2026

Overview

Description

Rare opportunity to acquire eight (8) townhome units (2 four-unit properties) in Portage, Indiana. Each unit features a spacious three-bedroom, one-and-a-half-bath layout with a private fenced back patio. All units are currently occupied. Tenants are responsible for gas and electric utilities, while ownership covers water, sewer and trash service. The property currently generates over 143,000 dollars in gross annual rental income. Further financial information available upon request.

Listing Details MLS# 834509

General Property Information

Number Of Units Total: 8
Living Area: 10560
Building Area Source: Assessor
Year Built: 1989
Parking Total: 15
Lot Size Acres: 0.4
Lot Size Square Feet: 17424
Lot Size Source: Assessor
Waterfront YN: No
Basement YN: No
Stories: 2

Property Features

Building Features: Multi Tenant Business Type: Other Construction Materials: Vinyl Siding Cooling: Central Air Current Use: Multi-Family Electric: 200+ Amp Service Heating: Forced Air; Natural Gas Listing Terms: Cash; Other Owner Pays: Sewer; Trash Collection; Water Parking Features: Additional Parking; Off Street Possession: Close Of Escrow; Negotiable; Subject To Tenant Rights Rail Availability: None Roof: Shingle Sewer: Public Sewer Special Listing Conditions: None Tenant Pays: Electricity; Gas Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Water Source: Public

Contract Information

Auction YN: No
Original List Price: 1295000
Property Sub Type: Multi Family
Listing Agreement: Exclusive Right To Sell
Owner Name: Alfa Group Parkview LLC
Occupant Type: Tenant

Location Tax and Legal

Street Number: 2573-2581
Street Name: Parkview
Street Suffix: Street
County: Porter
State: IN
Postal Code: 46368
Subdivision Name: Benders Rdg 01

Remarks and Miscellaneous

Public Remarks: Rare opportunity to acquire eight (8) townhome units (2 four-unit properties) in Portage, Indiana. Each unit features a spacious three-bedroom, one-and-a-half-bath layout with a private fenced back patio. All units are currently occupied. Tenants are responsible for gas and electric utilities, while ownership covers water, sewer and trash service. The property currently generates over 143,000 dollars in gross annual rental income. Further financial information available upon request.

Status Change Information

Major Change Timestamp: 2026-04-08T17:41:30Z
Major Change Type: Status Change
Status Change Timestamp: 2026-04-08
Offer Acceptance Date: 2026-03-07
Close Date: 2026-04-08
Close Price: 1260000
Concessions: Yes
Buyer Financing: Conventional

More Information

Exemption Information

Exemption YN: No

Showing Requirements

Showing Instructions: Open House/Tours will be held on Wednesday, March 4th from 2pm-4:30pm

Location, Tax, and Legal

Tax Annual Amount: 8066
Tax Year: 2024
Tax Legal Description: BENDERS RIDGE UNIT 1 WRLY PT LT 20
Parcel Number: 640513228010000016
Additional Parcels YN: Yes
Additional Parcels Description: 640513228011000016
Township: Portage
Directions: 80/94 to Central Ave. Left onto Parkview
Census Tract: 505.06

Construction Materials

Vinyl Siding: Yes

Cooling

Central Air: Yes

Electric

200+ Amp Service: Yes

Heating

Forced Air: Yes
Natural Gas: Yes

Listing Terms

Cash: Yes
Other: Yes

Parking Features

Additional Parking: Yes
Off Street: Yes

Possession

Close Of Escrow: Yes
Negotiable: Yes
Subject To Tenant Rights: Yes

Roof

Shingle: Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

None: Yes

Utilities

Electricity Connected: Yes
Natural Gas Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Water Source

Public: Yes

Owner Pays

Sewer: Yes
Trash Collection: Yes
Water: Yes

Tenant Pays

Electricity: Yes
Gas: Yes

Current Use

Multi-Family: Yes

Building Features

Multi Tenant: Yes

Business Type

Other: Yes

Rail Availability

None: Yes

Listing Office: Ellsbury Group

Last Updated: April - 08 - 2026

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