Gary Multifamily Investment
2315 Industrial Boulevard, Gary, IN 46407
- Added:
- Apr 6, 2026
- Days on Market:
- 40
- Last Refresh:
- May 15 at 12:06 am
Property Features for 2315 Industrial Boulevard
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 5
- Parking features
- On Street
- Interior features
- Ceiling Fan(s), Open Floorplan
- Basement
- Finished
- Standard status
- Active
- APN
- 450815179003000004
- Size
- 6,457 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- DIAMOND PARK SUB BLK 2 LOT 7,8,9
- Tax Annual Amount
- 2859
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1947
Listing agent Lakia Hasenjaeger License #RB14032390 (219) 226-5202
Listing office The Jaeger Group, LLC 250 N. Main St Ste 11H, Crown Point, IN (219) 796-0449
Listing date Apr 6, 2026
MLS# 836660
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.
HighLights
- High‑potential multifamily asset with 6 units on one lot in a prime location.
- Zoned for up to 9 units, offering a significant opportunity for expansion.
- Vacant units provide flexibility for immediate renovation, leasing, or redevelopment strategies.
- Main 5‑unit building features spacious 989 sqft apartments with 2 bedrooms, 1 bathroom, and 10' ceilings.
- Updated HVAC systems and renovated units in the 5‑unit building provide a strong foundation for immediate income production.
- Detached single‑family home offers value‑add potential.
Overview
This multifamily property features two buildings on a single lot, offering a significant investment opportunity. The main two-story building contains five apartment units, each measuring 989 square feet. These units feature 10-foot ceilings, a living room, a kitchen, two bedrooms, and one bathroom. The basement level includes a newly renovated three-bedroom, one-bath apartment and a utility room. The sixth unit is a detached single-family home with potential for rehabilitation or demolition to maximize the site's future use. The property is zoned for up to nine units, presenting an opportunity for expansion. The five-unit building has undergone updates, including renovated units and updated HVAC systems. All units are currently vacant, but are expected to be leased during the sale process. The property is located near major expressways and commuter routes. This property is being sold as-is.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Single family properties
Location Insight
- Map
- Local Demand
- City
- Gary
- County
- Lake
- State
- Indiana
- Longitude
- -87.328791
- Latitude
- 41.576359
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Six-unit multifamily property with redevelopment potential in Gary, Indiana.
Where is this apartment building located?
The property is located at 2315 Industrial Boulevard Gary, IN.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: High‑potential multifamily asset with 6 units on one lot in a prime location.; Zoned for up to 9 units, offering a significant opportunity for expansion.; Vacant units provide flexibility for immediate renovation, leasing, or redevelopment strategies.
