Six-Unit Apartment
For Sale
$499,900
Pending
2315 Industrial Boulevard, Gary, IN 46407
Commercial Sale, Gary, IN
Property Size6,457 SF
Lot Size0.22 Acres
Days on Market163
Property Features for 2315 Industrial Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Parking
5
Parking features
On Street
Interior features
Ceiling Fan(s), Open Floorplan
Basement
Finished
Subdivision
Diamond Park Sub
Lot features
Back Yard, Rectangular Lot, Front Yard
Directions
Head toward 6th Ave Turn left onto E 11th Ave Turn right onto Virginia St Turn left onto Industrial Blvd
Standard status
Pending
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
Legal Description
DIAMOND PARK SUB BLK 2 LOT 7,8,9
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public
Building Details
Year built
1947
Listing Agency:
The Jaeger Group, LLC
(219) 796-0449
Listed By:
Lakia Hasenjaeger · License #RB14032390
(219) 226-5202
Added: Apr 6
Changed: Sep 2
Last Checked: Sep 15 at 4:06PM
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.
Investment Insights
Based on property information with market context.
This 6,457-square-foot apartment property occupies 0.215 acres and includes two buildings. The principal structure is a two-story building with five apartments, including units measuring 989 square feet and layouts with living rooms, kitchens, two bedrooms, and one bathroom. The basement apartment has three bedrooms and one bathroom and has been renovated. A detached single-family home serves as the sixth unit and may be rehabilitated or removed. Interior features include open floorplans and ceiling fans, while forced-air heating serves the property.
Built in 1947, the property has updated HVAC systems and public water and sewer. It is zoned for up to 9 units and is being offered in as-is condition, with the seller making no repairs. On-street parking is available.
Built in 1947, the property has updated HVAC systems and public water and sewer. It is zoned for up to 9 units and is being offered in as-is condition, with the seller making no repairs. On-street parking is available.
Key Highlights
- 6,457‑square‑foot multifamily property on 0.215 acres
- Two buildings with five apartments in the main structure and a detached sixth unit
- Main‑building apartments include 989‑square‑foot layouts with 2 bedrooms and 1 bathroom
Property Analytics
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Current Use
Lease Details
10 ft
Clear height
6
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
233
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-building multifamily asset with updated HVAC, public utilities, and a detached residential unit.
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: 6,457‑square‑foot multifamily property on 0.215 acres; Two buildings with five apartments in the main structure and a detached sixth unit; Main‑building apartments include 989‑square‑foot layouts with 2 bedrooms and 1 bathroom
