1525 Bacon Avenue, Portage, MI 49002

Local realty services provided by:Better Homes and Gardens Real Estate Connections
1525 Bacon Avenue,Portage, MI 49002
$4,495,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: daniel kolp, shawn jacobs
Office: moxie real estate + development
MLS#:25059801
Source:MI_GRAR

Price summary

  • Price:$4,495,000

About this home

MOXIE Real Estate + Development is pleased to exclusively offer Lakewood Apartments for sale. This well-maintained property boasts an attractive unit mix with the majority of units already renovated, offering a blend of stability and potential for continued growth. With substantial capital improvements, the property is primed for long-term success. Key features include: renovated Units, additional revenue stream by implementing RUBS/utility bill back program and renting storage the lockers. Rents are well below market. With almost 10 acers, there is a future development opportunity, with a possibility of incentives for future expansion. Lakewood Apartments represents a solid investment opportunity with significant upside potential. For more information, please contact MOXIE.

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Home facts

  • Year built:1978
  • Listing ID #:25059801
  • Added:91 day(s) ago
  • Updated:February 24, 2026 at 04:09 PM

Heating and cooling

  • Heating:Hot Water, Radiant

Structure and exterior

  • Year built:1978
  • Lot area:9.84 Acres

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,495,000
  • Tax amount:$76,323 (2024)

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