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Three-Unit Apartment Building
For Sale
$249,900

1653 W 10th Place, Gary, IN 46404

Residential Income, Gary, IN

Property SizeContact for details
Lot Size0.06 Acres
Days on Market55

Property Features for 1653 W 10th Place

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bathroom 3, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 5, Bedroom 4
Parking features On Street
Interior features Eat-in Kitchen, Open Floorplan
Exterior features Private Yard
Basement Finished
Appliances Electric Range, Refrigerator
Subdivision Gruenbergs Add
Lot features Back Yard, Front Yard
Directions Head toward 6th Ave Turn right onto W 11th Ave Continue straight to stay on W 11th Ave Turn left onto Richard Gordon Hatcher Blvd Turn right onto W 10th Pl
Standard status Active
APN 450808239015000004
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description GRUENBERG'S ADD. L.23 BL.2
Tax Annual Amount 1046
Legal Description GRUENBERG'S ADD. L.23 BL.2

Utilities

Sewer type Public Sewer
Water source Public

Amenities

fenced yard

Building Details

Year built 1905
Floors in Building 2
Listing Agency: The Jaeger Group, LLC
Listed By: Lakia Hasenjaeger · License #RB14032390
Added: Aug 3 Changed: Sep 12 Last Checked: Sep 26 at 12:06PM
MLS# 843348

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.

Built in 1905, this three-unit apartment property includes two larger residences with two bedrooms, one bathroom, a living room, and an eat-in kitchen. Each of those units measures approximately 850 square feet. The third apartment provides one bedroom, one bathroom, and approximately 700 square feet. Interior features include open floorplans, and the property includes electric ranges and refrigerators. One main-floor unit is occupied; the two upper units are vacant and available for leasing. A fenced private yard adds outdoor space, while on-street parking serves the property. Public water and public sewer are in place. The property is offered as-is at 1653 W 10th Place in Gary, Indiana.

Key Highlights

  • Three‑unit apartment property 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

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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

345
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - One residence is occupied, while two upper-level units are vacant and ready for leasing.
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: Three‑unit apartment property 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
More about this property
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