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3-Unit Multifamily with High Ceilings
For Sale
$99,900

645 Maryland Street, Gary, IN 46402

MULTI_FAMILY - Gary, IN

Property SizeContact for details
Lot Size0.09 Acres
Days on Market46

Property Features for 645 Maryland Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bathroom 3, Basement, Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 1
Parking features On Street
Interior features High Ceilings
Basement Unfinished
Subdivision Gary Land Companys 01
Lot features Back Yard, Front Yard
Directions From 6th and Broadway: East on 6th to Maryland South to 645 (on LEFT )
Standard status Active
APN 450803331011000004
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description GARY LAND CO'S 1ST SUB. L.12 BL.65
Tax Annual Amount 334
Legal Description GARY LAND CO'S 1ST SUB. L.12 BL.65

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1919
Floors in Building 2
Listing Agency: American Classic, Hoyle & Co.
Listed By: Randall Hoyle
Added: Jul 13 Changed: Aug 3 Last Checked: Aug 27 at 7:06PM
MLS# 842243

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 3-unit triplex offers a straightforward residential income configuration with an interior layout that includes multiple bedrooms and bathrooms, plus a basement. Interior features include high ceilings, and the home is served by forced-air heating.

The property sits on a lot of 0.086 acres and was built in 1919. Utilities and services include public water and public sewer. Parking is available on street.

With its compact lot and defined triplex layout, the property is positioned for investor buyers seeking a multi-unit asset that can be finished out further, with mechanicals already in place.

Key Highlights

  • 3‑unit triplex layout with multiple bedrooms and bathrooms plus basement
  • High ceilings interior feature
  • Forced‑air heating

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Building Supply HVAC Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

542
Businesses Nearby

Demographics for 46402, IN

5,502
Population
3,360
Households
1.6
Avg Household Size
38
Median Age
10%
College-Educated
86%
High-School Grad
8.4 sq mi
ZIP Area
655
Density / Sq Mi
$29,125
Median Household Income
$30,816
Median Earnings
$904
Median Rent
$61,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit triplex with high ceilings, forced-air heating, and on-street parking on public water and sewer.
Where is this triplex located?
The property is located at 645 Maryland Street Gary, IN.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: 3‑unit triplex layout with multiple bedrooms and bathrooms plus basement; High ceilings interior feature; Forced‑air heating
More about this property
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