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4Bedrooms
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2Total Baths
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2,844Square Feet
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0.24Acres
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1894Year Built
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—HOA
Property Description
Outstanding investment opportunity featuring a 5-unit portfolio across three properties on E. Riverside Dr. The front property, 512 E. Riverside Dr., offers mixed-use potential with a main-level commercial space previously utilized as an insurance office, recently rented for $800/month. The upper level includes a 2-bedroom residential unit that was previously leased for $500/month. This property also includes a detached garage, adding additional value and utility. Situated just down the driveway, 514"516 E. Riverside Dr. consists of a duplex with two 1-bedroom units, providing steady rental potential. This parcel also features a detached garage. Rounding out the portfolio is 663 E. Riverside Dr., a 2-bedroom single-family home with long-term tenants already in place, offering immediate and consistent rental income. With multiple income streams, a mix of residential and commercial use, and value-add potential, this portfolio is ideal for investors looking to expand or diversify their holdings.
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Listed By / Shown By
Listed By
Broker Name: BAKER AUCTION & REALTY
Broker Phone: 812-491-6247
Agent Name: Jonathan Baker
Shown By
Agent Name: Andrew Whitmer
Agent Phone: (574) 780-4740
Broker Title: Cressy & Everett Real Estate
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Estimated Payment
$ 1,043.45 per month $985.40 Principal & Interest $0.00 Property Tax (data not provided by mls) $58.04 Homeowner's InsuranceChange Payment Information
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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/17/2026. The listing information on this page last changed on 04/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 04/17/2026 12:52:42 AM EST) or MichRic (Michigan Regional Information Center) (last updated Thu 04/16/2026 11:17:53 PM EST) or NIRA MLS (last updated Thu 04/16/2026 11:04:47 PM EST) or IRMLS (last updated Thu 04/16/2026 11:12:15 PM EST). Real estate listings held by brokerage firms other than Cressy & Everett Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS
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