Property details
About 1525 Bacon Ave
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.
Highlights
Summary
- MLS Number: 65025012313
- MLS Name: Greater Regional Alliance of REALTORS
- Office Name: MOXIE Real Estate + Development
- Office Phone: (616) 890-7794
- Listing Agent: Daniel Kolp, Shawn Jacobs
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Last updated on: 4/12/2025, 9:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$4,650,000
1525 Bacon Ave
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,124,600 | $47,100 |
| 2023 | $1,033,200 | $47,100 |
| 2022 | $1,033,200 | $47,100 |
| 2021 | $1,035,900 | $47,100 |
| 2020 | $890,700 | $47,100 |
| 2019 | $767,900 | $36,340 |
| 2018 | $752,600 | $- |
| 2017 | $728,800 | $- |
History based on county public records data.
Nearby schools
7
Lake Center Elementary School
Public District PK-5
0.3 mi
•10011 Portage Rd
6
Central Elementary School
Public District PK-5
1.8 mi
•8422 S Westnedge Ave
6
Tobey Elementary School
Public District KG-5
3.1 mi
•8551 Long Lake Dr E
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $81,080. Typical income of Portage, MI residents is between $35k-100k annually. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Soccer
PGA/LPGA
NASCAR
Where do the neighbors shop?
Old Navy
Stein Mart
Dick's Sporting Goods
Where do the neighbors go to eat?
Jimmy Johns
Bob Evans
Arbys
What do the neighbors drive?
GMC
Lincoln
Lexus
What do the neighbors listen to?
New Country
News/Talk/Information
Adult Hits
This home is located at 1525 Bacon Ave in Portage, MI and zip code 49002. Features: 0 bathroom. It has been listed on Rocket Homes since March 28, 2025 and is currently priced at $4,650,000.
While more than 8 listings in Portage, MI in March 2025 were sold above asking price, there were more than 10 listings sold at asking price, and more than 22 were sold below. The inventory of homes for sale in Portage, MI between February and March 2025 increased by 19.7%. The median list price of listings available in March 2025 was $290,000, while the average time on the real estate market was 30 days.