Multifamily Property for Sale in Porter, IN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Porter, IN 46304

Description

This well-maintained 44-unit townhome community is ideally located in the Porter / Chesterton, Indiana market. The property consists entirely of two- and one-story townhome-style units, offering a residential feel that consistently drives strong tenant demand and long-term tenancy. Constructed between 1993 and 2001, the asset features a highly desirable unit mix of 36 two-story 2-bed/1.5-bath townhomes (1,330 square feet) and eight single-story 2-bed/2-bath townhomes with attached garages (1,200 square feet). Investment Highlights: • All New Roofs in 2016, and One Building Having a New Roof in 2013. Significant Number of HVACs, Water Heaters, and Appliances were Replaced Between 2016 and 2025. Parking Lots Repaved in 2019. • The Property Benefits from Solid Physical Fundamentals, Functional Layouts, and a Neighborhood Setting that Appeals to Both Families and Long-Term Renters • Long-Term Tenants Averaging Occupancy of More than Five Years. New Leases Seeing a $100 to $200 Above the Average

Market Context

This multifamily in Porter, IN is listed for sale. It is offered at an approximate 6.5% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 68 days. Compare it against other multifamily listings for sale in Porter, IN — <a href="/search/sale/multifamily/indiana/porter">view the full market</a>.

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