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Two-Unit Duplex Property
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1937 Martin Luther King Drive, Gary, IN 46407

Built in 1935, the property contains two residential units and is offered in its present condition.

Property SizeContact for details
Days on Market135

Property Features for 1937 Martin Luther King Drive

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Asking Price $25,000
Multifamily Units 2

Building Details

Year Built 1935
Listing Agency: T.J. Boyle Real Estate, Inc.
Listed By: Jorrdan Orr · License #IN
Source: Crexi
Added: Apr 18 Changed: Aug 30 Last Checked: Aug 30 at 7:28AM

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 T.J. Boyle Real Estate, Inc.

Investment Insights

Based on property information with market context.

This duplex contains two residential units and dates to 1935. The property is being offered in its present condition, with the transaction limited to cash offers. Located at 1937 Martin Luther King Drive in Gary, Indiana, it is presented as a two-unit residential income property.

Key Highlights

  • Two residential units
  • Built in 1935
  • Offered in its present condition

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center HVAC Service Pharmacy Electrical Service

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

182
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
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Frequently Asked Questions

What type of property is this?
Duplex - Built in 1935, the property contains two residential units and is offered in its present condition.
Where is this duplex located?
The property is located at 1937 Martin Luther King Drive Gary, IN.
What are key features of this property?
This property features: Two residential units; Built in 1935; Offered in its present condition
More about this property
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