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Three-Unit Triplex with Garage
New
For Sale
$242,000

3812 Hemlock Street, East Chicago, IN 46312

Two buildings combine original interior details with select kitchen and bathroom improvements.

Property Size3,097 SF
Price / SF$78.14
Days on Market7

Property Features for 3812 Hemlock Street

General Information

Standard status Active
Size 3,097 SF
Total Parking Spaces 2
Property subtype Residential Income

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $2,613

Building Details

Buildings 2
Listing Agency: McColly Real Estate
Listed By: Elizabeth Velazquez · License #475202425
Source: Exprealty
Added: Oct 8 Changed: Oct 13 Last Checked: Oct 13 at 2:38AM

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 McColly Real Estate

Investment Insights

Based on property information with market context.

This three-unit property spans two buildings with approximately 3,097 square feet of above-grade living space, seven bedrooms, and three full bathrooms. The front brick building contains two apartments; a separate unit is positioned above a two-car garage. Original hardwood floors, wood doors, trim, and hardware remain alongside selected kitchen and bathroom updates. Storage includes an unfinished basement under the front building and additional space in the rear building for laundry and mechanicals. Porches and a paver patio provide outdoor areas.

The property is in East Chicago’s Indiana Harbor area, near shopping and dining along Columbus Drive and Chicago Avenue. Washington Park, Jeorse Park Beach, and the East Chicago Marina are also nearby. Regional connections include the East Chicago South Shore Line station, the Indiana Toll Road, and I-80/94.

Key Highlights

  • Three units across two buildings, with approximately 3,097 square feet above grade
  • Seven bedrooms and three full bathrooms combined
  • Front brick building has two units; rear apartment is above a two‑car garage

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Furniture & Home Goods Locksmith

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

504
Businesses Nearby

Demographics for 46312, IN

26,370
Population
12,429
Households
2.1
Avg Household Size
33
Median Age
10%
College-Educated
74%
High-School Grad
14.0 sq mi
ZIP Area
1,884
Density / Sq Mi
$41,071
Median Household Income
$32,930
Median Earnings
$820
Median Rent
$92,400
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 - Two buildings combine original interior details with select kitchen and bathroom improvements.
Where is this triplex located?
The property is located at 3812 Hemlock Street East Chicago, IN.
What is the asking price?
The asking price for this property is $242,000.
What are key features of this property?
This property features: Three units across two buildings, with approximately 3,097 square feet above grade; Seven bedrooms and three full bathrooms combined; Front brick building has two units; rear apartment is above a two‑car garage
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