Four-Unit Multifamily Income Property

126 E 73rd Avenue Merrillville, IN 46410

Claim this Listing
New
For Sale
$399,900

MULTI_FAMILY - Merrillville, IN

Added:
Jul 9, 2026
Days on Market:
3
Last Refresh:
Jul 11 at 9:06 am

Property Features for 126 E 73rd Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Rooms
Bedroom 1, Bathroom 3, Bathroom 1, Bathroom 4, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 3
Parking
8
Standard status
Active
APN
451215152026000030

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
7325

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public

Building Details

Year built
1966
Building materials
Brick

Listing agent Antje Gehrken License #471002284

Listing office A.R.E. Partners Inc. 111 W JACKSON BLVD Suite 170, Chicago, IN

Listing date Jul 9, 2026

MLS# 12701659 Listing URL

Copyright © 2026 Midwest Real Estate Data, LLC. 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 four-unit multifamily property offers four approximately 680 sq. ft. 1 bed/1 bath units. Each unit has individual mechanicals, including central air, and includes in-unit laundry hookups. Tenants pay electric and gas. Current rent levels vary by unit, including two units at $880/month, one vacant unit that was previously rented for $925/month with a new tenant lined up, and one long-term tenant paying $700/month.

Located at 126 E 73rd Avenue in Merrillville, IN 46410, the property includes several newer items, including a gutter system, replacement of a sewer pipe, and installation of a cleanout in the front yard. HVAC has also been installed in Unit 3.

Key Highlights

  • 4‑unit multifamily in Merrillville with four 1 bed/1 bath units, each approximately 680 SF
  • Each unit has individual mechanicals, including central air; tenants pay electric and gas
  • In‑unit laundry hookups included

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Grocery & Convenience Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Electrical Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair (Bike/Boat/Book/etc) Store Veterinary Clinic Furniture & Home Goods Bakery

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

FAQs

What type of property is this?
Quadplex - Four 1 bed/1 bath units with individual central air, tenant-paid utilities, and in-unit laundry hookups.
Where is this quadplex located?
The property is located at 126 E 73rd Avenue Merrillville, IN.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 4‑unit multifamily in Merrillville with four 1 bed/1 bath units, each approximately 680 SF; Each unit has individual mechanicals, including central air; tenants pay electric and gas; In‑unit laundry hookups included
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