Versatile 4-Unit Property in Prime Location - Ideal for Investors or Owner-Occupants!This fully rented, income-generating 4-unit building offers a rare opportunity in a highly sought-after area. The property includes two 2-bedroom units and two 1-bedroom units, providing flexible living and rental options. Features include on-site laundry, off-street parking, and a convenient location close to the bike trail and toll road. Whether you're an investor seeking steady cash flow or an owner-occupant planning to live in one unit while renting the others, this property delivers both value and potential.
Closed
$406,000
5533 Aspen Ave, Portage, IN 46368
6beds
--sqft
Quadruplex
Built in 1970
-- sqft lot
$408,500 Zestimate®
$--/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: June 11, 2025 at 09:49am
Listed by:
Sandra Wiedemann,
@properties/Christie's Intl RE 219-440-0070,
Myra Mitchell,
@properties/Christie's Intl RE
Bought with:
Farris Gosea, RB20000951
Ellsbury Commercial Group LLC
Source: NIRA,MLS#: 821002
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Hot Water
Appliances
- Included: Electric Range, Refrigerator, Range Hood
- Laundry: Laundry Room
Features
- Ceiling Fan(s)
- Has basement: No
- Has fireplace: No
Interior area
- Finished area above ground: 3,236
Property
Parking
- Parking features: Additional Parking, Asphalt
Features
- Levels: Other
- Patio & porch: Deck, Patio
- Exterior features: None
Lot
- Size: 0.36 Acres
- Features: Back Yard, Corner Lot
Details
- Parcel number: 640523305001000016
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Condition
- New construction: No
- Year built: 1970
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Portage
- Subdivision: Willowdale 06
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,VA Loan,FHA,Conventional
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$408,500
2% more+$8,170
With Zillow Showcase(estimated)$416,670