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$247,000
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Property Description
Calling all investors that want a turnkey, low maintenance, FULLY leased 3-unit investment property in the growing city of Portage. Each unit features its own furnace and appliances with tenants responsible for all utilities. This low-maintenance, income-producing asset offers strong, reliable leases that provide immediate cash flow!
Full Property Details
Full Property Details for 5542 Mulberry Ave
General
- Sold For: $247,000
- Taxes: $3,706 (2024)
- Status: Closed
- Type: Multi-Family
- Source: GNIAR
- MLS ID: 831739
- Added to Site: 107 day(s) ago
Interior
- Interior Features: Other
- Appliances: Dishwasher, Range Hood, Refrigerator, Gas Range
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Exterior
- Exterior Features: Storage
Location
- County: Porter
- Township: Portage
- Subdivision: Dohertys 1st Add
- Driving Directions: Central Ave to Willowdale, South to Mulberry, East to property
Heating & Cooling
- Heating Type: Forced Air
Structural Information
- Year Built: 1930
Lot Features
- Lot Size (Acres): 0.0895
- Lot Size (Sq. Ft.): 3,900
- Lot Features: Other
Financial Considerations
- Tax Amount: $3,706
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: DOHERTYS 1ST ADD LOT 8 EX W26.5
- Property ID: 640514301006000016
Listed by Pmi Nwi
Sold by Coldwell Banker Real Estate Gr
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Schools
Schools serving 5542 Mulberry Ave
School District:Portage Township Schools
| Name | Grades | Distance |
|---|---|---|
Wallace Aylesworth Elementary 5910 Central Avenue, Portage, IN 46368 | K-5 | 0.8 mi |
William Fegely Middle School 5384 Stone Avenue, Portage, IN 46368 | 6-8 | 0.5 mi |
Portage High School, Portage, IN 6450 US Highway 6, Portage, IN 46368 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5542 Mulberry Ave
Date
Details
Price
Change
Source
1/22/2026
Sold
$247,000
0.82%
MLS
12/10/2025
Listed
$245,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5542 Mulberry Avenue, Portage, IN 46368 (MLS# 831739) is a Multi-Family property that was sold at $247,000 on January 22, 2026. Want to learn more about 5542 Mulberry Avenue? Do you have questions about finding other Multi-Family real estate for sale in Portage? You can browse all Portage real estate or contact a Coldwell Banker agent to request more information.

