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Updated Duplex with Attached Garages
For Sale
$325,000

5512 Washington Street, Merrillville, IN 46410

Residential Income, Merrillville, IN

Property SizeContact for details
Lot Size0.23 Acres
Days on Market49

Property Features for 5512 Washington Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 2
Interior features Stone Counters
Appliances Microwave, Refrigerator, Range
Subdivision Southlands Sub
Lot features Back Yard
Directions Turn off broad st to washington
Standard status Active
APN 451204277011000031
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description SOUTHLANDS SUB. ALL L 4 & L 5 BL. 2
Tax Annual Amount 2100
Legal Description SOUTHLANDS SUB. ALL L 4 & L 5 BL. 2

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1976
Floors in Building 1
Listing Agency: Prestige Real Estate LLC
Listed By: Adrien Chabot · License #RB17000988
Added: Jul 13 Changed: Aug 28 Last Checked: Aug 30 at 6:06PM
MLS# 842208

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 duplex contains two residential units, each arranged with two bedrooms, one bathroom, and an attached garage. Interior improvements include quartz kitchen countertops, range, refrigerator, microwave, new flooring, fresh paint, and renovated bathrooms. Forced-air heating serves the property, which was built in 1976.

Both units are occupied under annual leases, with utilities paid by the tenants. Professional management is already in place. The property sits on a 0.231-acre lot in Merrillville, Indiana, and is served by public water and public sewer.

Key Highlights

  • Two‑unit duplex with 2 bedrooms and 1 bathroom in each unit
  • Attached garage provided for both units
  • Quartz kitchen counters, appliances, fresh paint, and new flooring

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Building Supply Electrical Service HVAC Service Kitchen & Bath Showroom

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

454
Businesses Nearby

Demographics for 46410, IN

39,471
Population
17,685
Households
2.2
Avg Household Size
39
Median Age
24%
College-Educated
93%
High-School Grad
30.1 sq mi
ZIP Area
1,311
Density / Sq Mi
$61,735
Median Household Income
$42,235
Median Earnings
$1,267
Median Rent
$192,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two leased units feature refreshed interiors, attached garages, and tenant-paid utilities.
Where is this duplex located?
The property is located at 5512 Washington Street Merrillville, IN.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 bathroom in each unit; Attached garage provided for both units; Quartz kitchen counters, appliances, fresh paint, and new flooring
More about this property
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