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$4,575,000

$7,200Reward *

1525 Bacon Avenue, Portage, MI 49002Listing ID 25012313

1525 Bacon Avenue, Portage, MI 49002

Active

Greater Kalamazoo - K

Time on site: 419 days • Last updated: Sep 19, 2025

Property Type

Multi Family

Property Sub Type

Multi Family

Acres

9.84

Days on Site

418

Heating

Hot Water, Radiant

Year Built

1978

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.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

1525 Bacon Avenue, Portage, MI 49002

Market Report for 49002

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