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
- Heating: Hot Water, Natural Gas, Radiant
- List Price: $4,650,000
- Annual Tax Amount: $47,100
- Tax Year: 2024
- Directions: US 131 to D Ave, head South to Bacon Ave and West to Lakewood Apartments
- Year Built: 1978
- Lot Size: 9.84 Acres
- 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
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2025, 7:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$4,650,000
1525 Bacon Ave
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 10, 2017 | Home Sold | $1,925,000 |
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. The majority of Portage, MI residents have income between $35k-100k annually. Most families are married, no kids. Most 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.
Portage, MI housing market in April 2025 saw over 19 listings sold above listed price, more than 7 sold at listed price and over 19 sold below. In April 2025 in Portage, MI there were 12.6% more homes for sale than in March. In April 2025 median list price was $289,591 and the average listing age was 27 days.