Three-Unit
For Sale
$39,000
1531 Van Buren Street, Gary, IN 46407
MULTI_FAMILY - Gary, IN
Property SizeContact for details
Lot Size0.07 Acres
Days on Market24
Property Features for 1531 Van Buren Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning description
Residential
Rooms
Basement
Parking features
On Street
Basement
Walk-Out Access
Subdivision
Ctl & Co's 5th All
Lot features
Rectangular Lot
Directions
Heading NORTH on Broadway, head WEST/make a LEFT onto W 15th Avenue. From W 15th Avenue, make a LEFT onto Van Buren St and multi-unit property will be on the LEFT hand side.
Standard status
Active
APN
450809404003000004
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
C. T. L. & I. CO'S. 5TH ALL L.21 BL.24
Tax Annual Amount
768
Legal Description
C. T. L. & I. CO'S. 5TH ALL L.21 BL.24
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Baseboard
Water source
Public
Building Details
Year built
1922
Floors in Building
1
Listing Agency:
Listing Leaders
(219) 462-5478
Listed By:
Katherine Stirling · License #RB19001959
(219) 232-9787
Added: Jul 29
Changed: Jul 30
Last Checked: Aug 21 at 2:06PM
MLS# 843139
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 three-unit triplex at 1531 Van Buren Street, Gary, IN 46407 is set up for flexible occupancy. The property includes a basement and is heated with hot water and baseboard systems. Parking is provided on-street.
The home sits on a 0.07-acre lot. Utilities include public water availability and public sewer service.
Built in 1922, this is a compact residential income property that can be considered for live-in and rental strategies or fully rented use, depending on how you plan to occupy the units.
The home sits on a 0.07-acre lot. Utilities include public water availability and public sewer service.
Built in 1922, this is a compact residential income property that can be considered for live-in and rental strategies or fully rented use, depending on how you plan to occupy the units.
Key Highlights
- Three possible units to rent, live in one or rent all three
- 0.07‑acre lot
- Built in 1922
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
456
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Three-unit triplex with public water and public sewer, heated by hot water and baseboard, with on-street parking.
Where is this triplex located?
The property is located at 1531 Van Buren Street Gary, IN.
What is the asking price?
The asking price for this property is $39,000.
What are key features of this property?
This property features: Three possible units to rent, live in one or rent all three; 0.07‑acre lot; Built in 1922
