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Four-Unit Apartment Building
For Sale
Contact for pricing
Pending

1381 Van Buren Pl, Gary, IN 46407

Two-bedroom apartment units offer a straightforward multifamily configuration for rental operations or owner occupancy.

Property SizeContact for details
Days on Market142

Property Features for 1381 Van Buren Pl

General Information

Standard status Pending
Property subtype Multifamily

Units

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

Building Details

Buildings 1
Listing Agency: Coldwell Banker Realty
Listed By: Armond N Boulware · License #IN RB17001020
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 5:30AM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This four-unit multifamily property contains four apartments, each configured with two bedrooms and one bathroom. The building is being offered in its current as-is condition, allowing the next owner to determine the scope and direction of future improvements.

The layout supports separate residential units within a single structure, with the possibility of combining owner occupancy and rental use as described in the property information. An FHA 203K renovation approach is also identified as a potential ownership strategy. The property is located at 1381 Van Buren Pl in Gary, Indiana.

Key Highlights

  • Four residential units in one building
  • Each apartment includes 2 bedrooms and 1 bathroom
  • As‑is sale allows the next owner to plan renovations

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Big Box & Wholesale Store Dental Office

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

193
Businesses Nearby

Demographics for 46407, IN

9,862
Population
6,644
Households
1.5
Avg Household Size
39
Median Age
11%
College-Educated
81%
High-School Grad
4.2 sq mi
ZIP Area
2,348
Density / Sq Mi
$25,551
Median Household Income
$28,504
Median Earnings
$807
Median Rent
$55,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Quadplex - Two-bedroom apartment units offer a straightforward multifamily configuration for rental operations or owner occupancy.
Where is this quadplex located?
The property is located at 1381 Van Buren Pl Gary, IN.
What are key features of this property?
This property features: Four residential units in one building; Each apartment includes 2 bedrooms and 1 bathroom; As‑is sale allows the next owner to plan renovations
(773) 451-1200 Call to check price and availability
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