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
Listing Office: Ellsbury Group
Last Updated: April - 08 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Triangle MLS, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.