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2315 Industrial Boulevard Gary, IN 46407

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New
For Sale
$499,900

MULTI_FAMILY - Gary, IN

Property size:
6,457 SF
Lot size:
0.22 Acres
Added:
Apr 6, 2026
Days on Market:
2
Last Refresh:
Apr 7 at 8:06 pm

Property Features for 2315 Industrial Boulevard

General Information

Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking
5
Parking features
On Street
Interior features
Open Floorplan
Basement
Finished
Standard status
Active
APN
450815179003000004
Size
6,457 SF
Lot size
0.22 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
DIAMOND PARK SUB BLK 2 LOT 7,8,9
Tax Annual Amount
2859

Utilities

Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public

Building Details

Year built
1947

We can help!

Listing Contact
Lakia Hasenjaeger

Listing agent Lakia Hasenjaeger License #RB14032390

Listing office The Jaeger Group, LLC 250 N. Main St Ste 11H, Crown Point, IN

Listing date Apr 6, 2026

MLS# 836660

Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

6-Unit Multifamily Investment Opportunity

This multifamily property features two buildings on a single lot, situated in a location near major expressways and commuter routes. The main two-story building contains five apartment units, each offering 989 square feet of living space, including two bedrooms, one bath, and a utility room. The first and second-floor apartments feature 10-foot ceilings. The basement level includes a newly renovated apartment and a utility room. The sixth unit is a detached single-family home with value-add potential that can be rehabbed or demolished. The property is zoned for up to nine units, presenting an opportunity for expansion. The five-unit building has undergone updates, including renovated units and updated HVAC systems. All units are currently vacant, but are expected to be leased during the sale process. The property is being sold as-is, and the seller will not make any repairs. The property size is 6,457 square feet and the lot size is 0.215 acres.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Gary
County
Lake
State
Indiana
Longitude
-87.328791
Latitude
41.576359

FAQs

What type of property is this?
Apartment building - High-potential multifamily asset with redevelopment possibilities and serious upside.
Where is this apartment building located?
The property is located at 2315 Industrial Boulevard Gary, IN.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: High‑potential multifamily asset with 2 buildings on one lot in a prime location near major expressways and commuter routes.; Zoned for up to 9 units, offering redevelopment and expansion possibilities.; **Includes a 5‑unit building with renovated units and updated HVAC systems, providing a strong foundation for immediate income production.**
More about this property
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