Merrillville, IN Apartment buildings for sale

Updated: Oct 21

7-Unit Brick Apartment Building

1514 W 5th Avenue, Gary, IN 46402

$620,000

8,516 sqft 0.11 AC lot

7‑unit, three‑story brick apartment building
8,516 square feet on a 0.109‑acre parcel
Most units renovated; each has separate utilities
On‑street and off‑street parking
Built in 1926; basement present

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Updated: Sep 25

6-Unit Apartment Building

1301 Pennsylvania Street, Gary, IN 46407

$400,000

6,435 sqft 0.08 AC lot

6 apartments: three 1‑bedroom, two 2‑bedroom and one 3‑bedroom unit
Four of six units are occupied
6,435 square feet on a 0.08‑acre lot
Built in 1927
Public water and sewer; natural gas forced‑air heating

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Six-Unit Apartment Property

2315 Industrial Boulevard, Gary, IN 46407

$499,900

6,457 sqft 0.22 AC lot

Two-building multifamily asset with updated HVAC, public utilities, and a detached residential unit.

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6-Unit Apartment Building

1301 Pennsylvania St, Gary, IN 46407

$400,000

6,435 sqft

The apartment mix includes one-, two-, and three-bedroom layouts.

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Planned Unit Development Apartment Site

7961 Harrison Place, Merrillville, IN 46410

$1,025,000

319,338 sqft

Multifamily development site with a retention pond and utilities stubbed at the property lines for up to 60 units.

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Two-Building Apartment Property

1164 Connecticut Street, Gary, IN 46407

$1,050,000

Adjacent multifamily buildings offer renovated interiors, basement utility, and proximity to retail, grocery, entertainment, and schools.

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Apartment Building with Detached Home

2315 Industrial Blvd, Gary, IN 46407

$499,900

6,457 sqft

Six residential units across two buildings provide updated interiors, varied layouts, and flexible ownership options.

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Six-Unit Multifamily Investment

1412 Connecticut, Gary, IN 46407

$350,000

Stabilized six-unit building with one vacancy, on-site digital laundry, and a garage, plus two adjacent lots included.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 8 Active listings in Merrillville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

6-Unit Apartment Building

44 156th Street, Calumet City, IL 60409

$154,900

4,656 sqft

Vacant and offered in its current condition, with a roof approximately two years old.

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Apartment Building Portfolio with Renovations

7027 Parrish Ave, Hammond, IN 46323

$650,000

5,220 sqft

Multifamily portfolio offering renovated apartments, varied unit layouts, and individual or package acquisition options.

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Six-Unit Apartment Building

1104 169th St, Hammond, IN 46324

$695,000

4,050 sqft

Multifamily property with shared laundry and individual heating and cooling systems.

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6-Unit Brick Apartment Building

44 156th Street, Calumet City, IL 60409

$154,900

0.14 AC lot

The vacant multifamily property has a six-unit layout and a roof approximately two years old.

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Off-Market Properties in Merrillville, IN

Consider similar Off-Market properties in Merrillville, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.