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Three-Unit Apartment Building
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1653 W 10th Place, Gary, IN 46404

Two upper residences are vacant and ready for leasing, while the ground-level unit is occupied.

Property SizeContact for details
Days on Market8

Property Features for 1653 W 10th Place

General Information

Standard status Active
Property subtype Multifamily

Units

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

Amenities

fenced yard

Building Details

Year Built 1905
Buildings 1
Listing Agency: The Jaeger Group, Llc
Listed By: Lakia Hasenjaeger · License #IN
Source: Crexi
Added: Aug 4 Changed: Aug 10 Last Checked: Aug 10 at 8:39AM

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 The Jaeger Group, Llc

Investment Insights

Based on property information with market context.

Built in 1905, this three-unit apartment property includes two residences with 2 bedrooms, 1 bathroom, a living room, and an eat-in kitchen. Each measures approximately 850 square feet. The third residence provides 1 bedroom, 1 bathroom, and approximately 700 square feet. A large fenced yard adds shared outdoor space to the property.

The main-floor residence is occupied, while both upper-level units are vacant and ready for leasing. The property is located at 1653 W 10th Place in Gary, Indiana, and is offered in its present as-is condition.

Key Highlights

  • 3‑unit apartment building built in 1905
  • Two 2‑bedroom, 1‑bathroom units of approximately 850 square feet each
  • Third unit includes 1 bedroom, 1 bathroom, and approximately 700 square feet

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Restaurant Building Supply

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

189
Businesses Nearby

Demographics for 46404, IN

15,658
Population
7,708
Households
2
Avg Household Size
39
Median Age
16%
College-Educated
89%
High-School Grad
6.0 sq mi
ZIP Area
2,610
Density / Sq Mi
$39,188
Median Household Income
$34,337
Median Earnings
$995
Median Rent
$88,300
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?
Triplex - Two upper residences are vacant and ready for leasing, while the ground-level unit is occupied.
Where is this triplex located?
The property is located at 1653 W 10th Place Gary, IN.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: 3‑unit apartment building built in 1905; Two 2‑bedroom, 1‑bathroom units of approximately 850 square feet each; Third unit includes 1 bedroom, 1 bathroom, and approximately 700 square feet
(219) 226-5202 Call to check price and availability
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