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    Gary Multifamily Investment Opportunity

    2315 Industrial Boulevard Gary, IN 46407

    Claim this Listing
    Pending
    $499,900

    MULTI_FAMILY - Gary, IN

    Property size:
    6,457 SF
    Lot size:
    0.22 Acres
    Added:
    Apr 6, 2026
    Days on Market:
    100
    Last Refresh:
    Jul 14 at 12:06 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
    Ceiling Fan(s), Open Floorplan
    Basement
    Finished
    Standard status
    Pending
    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

    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.

    Investment Insights

    Based on property information with market context.

    This multifamily property features two buildings on a single lot, offering a significant investment opportunity. The main two-story building contains five apartment units, each measuring 989 square feet. These units feature 10-foot ceilings, a living room, a kitchen, two bedrooms, and one bathroom. The basement level includes a newly renovated three-bedroom, one-bath apartment and a utility room. The sixth unit is a detached single-family home with potential for rehabilitation or demolition to maximize the site's future use. 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 located near major expressways and commuter routes. This property is being sold as-is.

    Key Highlights

    • High‑potential multifamily asset with 6 units on one lot in a prime location.
    • Zoned for up to 9 units, offering a significant opportunity for expansion.
    • Vacant units provide flexibility for immediate renovation, leasing, or redevelopment strategies.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Dental Office Law Firm Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Parking Lot & Garage Hair Salon Grocery & Convenience Store (Bike/Boat/Book/etc) Store Furniture & Home Goods

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

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    FAQs

    What type of property is this?
    Apartment building - Six-unit multifamily property with redevelopment potential in Gary, Indiana.
    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 6 units on one lot in a prime location.; Zoned for up to 9 units, offering a significant opportunity for expansion.; Vacant units provide flexibility for immediate renovation, leasing, or redevelopment strategies.
    Contact an agent
    (219) 796-0449
    We can help!
    Contact an agent
    Lakia Hasenjaeger
    Real Estate License ID: RB14032390
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