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Recently Renovated Triplex
For Sale
$224,900

564 Carolina St, Gary, IN 46402

Recently renovated triplex with three updated units, two tenant-occupied and a large yard.

Property SizeContact for details
Days on Market113

Property Features for 564 Carolina St

General Information

Standard status Active
Property subtype Multi-Family

Building Details

Year Built 1924
Listing Agency: Property Boss
Listed By: Kiyah Marshall · License #RB22000382
Source: Realtopiare
Added: Jul 3 Changed: Oct 16 Last Checked: Oct 23 at 1:02PM

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 Property Boss

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Investment Insights

Based on property information with market context.

This recently renovated triplex includes three updated units and is operated with professional management. Two units are currently tenant-occupied, while the remaining unit is being marketed for rent.

The property includes a large yard, providing additional outdoor space for residents.

Set up as a residential income property, the building is offered for sale as part of a rental portfolio, with current occupancy supporting immediate rental income.

Key Highlights

  • 1924‑built triplex with three updated units
  • Two units are currently tenant‑occupied for immediate rental income
  • Third unit is being actively marketed for rent

Property Analytics

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Location Intelligence

Trade Area within ½ mile

448
Businesses Nearby

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
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

Frequently Asked Questions

What type of property is this?
Triplex - Recently renovated triplex with three updated units, two tenant-occupied and a large yard.
Where is this triplex located?
The property is located at 564 Carolina St Gary, IN.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: 1924‑built triplex with three updated units; Two units are currently tenant‑occupied for immediate rental income; Third unit is being actively marketed for rent
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