Turnkey investment opportunity in the desirable community of Porter! This well-maintained duplex, built in 2018, features two spacious single-level units, each offering 3 bedrooms, 2.5 bathrooms, an attached two-car garage, and approximately 1,356 square feet of living space. Both units are tenant occupied, providing immediate cash flow with excellent upside as current rents remain below market value. Tenants pay all utilities, including heat, A/C, water, sewer, and trash, while owner responsibilities are limited to lawn care and snow removal, creating a low-maintenance investment. Conveniently located near major highways, shopping, dining, the South Shore commuter rail, and Indiana Dunes National Park, this property is an outstanding addition to any investment portfolio.
Excellent investment opportunity to acquire a well-maintained 4-unit townhome community in the highly desirable Porter area, just minutes from the Indiana Dunes National Park, I-94, and the South Shore commuter rail. Built in 1993, each spacious unit features approximately 1,330 SF with 2 bedrooms, 1.5 bathrooms, open-concept living areas, vaulted ceilings, granite countertops, stainless steel appliances, private rear decks, and in-unit washer/dryer hookups. Each unit is individually metered with tenants responsible for electric, gas, water/sewer, and trash, minimizing owner expenses. Recent capital improvements include roof replacement, HVAC and water heater updates, and parking lot resurfacing. Current rents provide immediate cash flow with significant upside as rents move toward market levels. An outstanding value-add opportunity in one of Northwest Indiana's strongest rental markets.
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
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Porter is located in Indiana. Porter, Indiana has a population of 5,175. Porter is less family-centric than the surrounding county with 22.55% of the households containing married families with children. The county average for households married with children is 32.84%.
The median household income in Porter, Indiana is $79,247. The median household income for the surrounding county is $76,736 compared to the national median of $69,021. The median age of people living in Porter is 43.8 years.
The average high temperature in July is 81.9 degrees, with an average low temperature in January of 17.1 degrees. The average rainfall is approximately 40.3 inches per year, with 39.2 inches of snow per year.
