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Portage, MI Multifamily Home for Sale

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    $4,650,000

    1525 Bacon Ave, Portage, MI 49002

    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,

    Daniel Kolp MOXIE Real Estate + Development

    1525 Bacon Ave, Portage, MI 49002

Why Live in Portage

Portage, MI, known historically as "Celery City," has evolved from a farming town to a bustling hub with significant manufacturing presence, including Pfizer’s largest facility. Despite its industrial roots, Portage maintains a suburban feel with numerous lakes and proximity to larger cities like Kalamazoo. The housing market features a mix of colonial revivals, ranch-style, and cabin-style lakeside homes, with new constructions emerging. Portage Public Schools and Hackett Catholic Prep are highly rated, serving local and nearby communities. The city boasts 20 public parks and 1,700 acres of lakes, with popular spots like Westlake Nature Preserve and Celery Flats Historical site offering various things to do such as birdwatching, fishing, and hiking. Shopping is a major draw, with Crossroads Mall and Southland Mall providing extensive retail options. Dining ranges from national chains on South Westnedge Road to local waterside eateries. Cultural attractions include the Air Zoo Aerospace and Science Experience Museum and Charles & Drury Gallery, alongside community events like the Portage Craft Market and Summer Concert Series. Public transit includes rail lines and bus routes, with major highways and Kalamazoo Battle Creek International Airport nearby. Violent crime rates are lower than the national average, supported by community crime reporting programs. Winters are cold and snowy, but the city is certified as “Storm Ready” for severe weather preparedness.

Home Trends in Portage, MI

Housing Trends

Median Sale Price
$295,000
Median Single Family Sale Price
$305,550
Median 2 Bedroom Sale Price
$267,000
Median 1 Bedroom Sale Price
$329,000
Average Price Per Sq Ft
$196
Number of Homes for Sale
130
Last 12 months Home Sales
1,314
Months of Supply
1.20
Median List Price
$314,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
5%
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