5533 Aspen Avenue
Portage, IN 46368
- 6 beds
- 4 baths
- – sqft
- 15,682 sqft lot
- 1970 build
- – on site
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.
Last checked:
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Last updated May 19, 2025
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MLS# 821002 —
The Building
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Year Built:1970
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New Construction:false
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Patio And Porch Features:Deck, Patio
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Levels:Other
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Basement:false
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Above Grade Finished Area:3236
Interior
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Interior Features:Ceiling Fan(s)
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Fireplace:false
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Laundry Features:Laundry Room
Room Dimensions
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Living Area Source:Assessor
Financial & Terms
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Lease Considered:false
Location
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Directions:Swanson Road to Aspen Ave, go west to property.
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Latitude:41.556784
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Longitude:-87.199838
The Property
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Parcel Number:640523305001000016
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Property Subtype:Quadruplex
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Lot Features:Back Yard, Corner Lot
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Lot Size Acres:0.36
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Lot Size Square Feet:15682
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Lot Size Source:Assessor
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Exterior Features:None
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (219) 743-4731
- Office phone:
- (219) 440-0070
Taxes
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Tax Year:2023
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Tax Annual Amount:3647
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Tax Assessed Value:222400
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Tax Legal Description:WILLOWDALE UNIT 6-A LOT 4
Beds
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Total Bedrooms:6
Baths
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Total Baths:4
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Full Baths:4
Heating & Cooling
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Heating:Hot Water
Utilities
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Utilities:Sewer Connected, Water Connected
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Electric Range, Refrigerator, Range Hood
The Community
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Subdivision Name:Willowdale 06
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Pets Allowed:No
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Association:false
Parking
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Garage:false
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Parking Features:Additional Parking, Asphalt
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).