Listing Agency: Coldwell Banker Realty Show Phone

Listed By: Armond N Boulware · License #IN RB17001020

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 31 at 9:26PM

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Investment Insights

Based on property information with market context.

This triplex contains three residential units with a combined configuration of 6 bedrooms and 3 bathrooms. A basement provides additional storage space for the property.

The building is located at 433 Monroe St in Gary, Indiana, within a community described as undergoing redevelopment.

Key Highlights

• Three‑unit residential building
• 6 bedrooms and 3 bathrooms
• Basement storage area

Property Analytics

Property Profile

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Spa & Massage Center HVAC Service Bakery Cafe & Coffee Shop

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

616

Businesses Nearby

Explore this area Business Placement

Demographics for 46402, IN

5,502

Population

3,360

Households

1.6

Avg Household Size

38

Median Age

10%

College-Educated

86%

High-School Grad

8.4 sq mi

ZIP Area

655

Density / Sq Mi

$29,125

Median Household Income

$30,816

Median Earnings

$904

Median Rent

$61,200

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Triplex - Basement space adds practical storage to this residential income property.

Where is this triplex located?

The property is located at 433 Monroe St Gary, IN.

What are key features of this property?

This property features: Three‑unit residential building; 6 bedrooms and 3 bathrooms; Basement storage area