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Brick Triplex
For Sale
Contact for pricing
Pending

1116 W 11th Ave, Gary, IN 46402

Three residential units offer a varied bedroom mix with individually metered gas and electric service.

Property SizeContact for details
Days on Market144

Property Features for 1116 W 11th Ave

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 1 x 4BR/2BA, 2 x 1BR/1BA
Multifamily Units 3

Building Details

Construction All Brick
Listing Agency: SLW Realty Group Corporation
Listed By: Sharae Wesson · License #IN RB14032487
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 5:51PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SLW Realty Group Corporation

Investment Insights

Based on property information with market context.

This all-brick triplex at 1116 W 11th Ave in Gary, Indiana, contains three residential units with a distinct configuration. One apartment provides four bedrooms and two bathrooms, while the other two each include one bedroom and one bathroom.

Separate gas and electric meters serve each unit, allowing utility usage to be tracked by apartment. The property is offered in its current as-is condition and is classified as a triplex for residential income use.

Key Highlights

  • All‑brick triplex with 3 residential units
  • Unit mix includes 1 four‑bedroom, 2‑bath apartment
  • Two additional units each have 1 bedroom and 1 bathroom

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Electrical Service Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Locksmith

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

350
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
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Frequently Asked Questions

What type of property is this?
Triplex - Three residential units offer a varied bedroom mix with individually metered gas and electric service.
Where is this triplex located?
The property is located at 1116 W 11th Ave Gary, IN.
What are key features of this property?
This property features: All‑brick triplex with 3 residential units; Unit mix includes 1 four‑bedroom, 2‑bath apartment; Two additional units each have 1 bedroom and 1 bathroom
More about this property
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