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Investment Highlights

  • 2 Updated Apartments!
  • Low Taxes!
  • 1 Washer & 1 Dryer!

Executive Summary

4-Unit Apartment building located on a cul-de-sac features 2 Apartments
that are fully REMODELED. (2) - 2-Bed & (2) 1-Bed apartments. Onsite &
Street parking. Common Area has 1 Washing Machine and 1 Dryer.

Property Facts

Price $450,000
Price Per Unit $112,500
Sale Type Investment
Cap Rate 7.22%
No. Units 4
Property Type Multifamily
Apartment Style Low-Rise
Lot Size 0.41 AC
Building Size 3,672 SF
Average Occupancy 100%
No. Stories 2
Year Built 1974
Zoning M1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
  • Listing ID: 40070915

  • Date on Market: 4/8/2026

  • Last Updated:

  • Address: 1848 Truman St, Portage, IN 46368

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