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Three-Unit Multifamily Building
For Sale
$99,900

645 Maryland St, Gary, IN 46402

Three residential units offer a defined multifamily configuration with mechanical systems installed and interior work ready for drywall.

Property Size1,920 SF
Price / SF$52.03
Days on Market23

Property Features for 645 Maryland St

General Information

Standard status Active
Size 1,920 SF
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $334
Listing Agency: American Classic, Hoyle & Co.
Listed By: Randall Hoyle
Source: Exprealty
Added: Jul 13 Changed: Aug 3 Last Checked: Aug 3 at 7:28AM

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 American Classic, Hoyle & Co.

Investment Insights

Based on property information with market context.

This 1,920-square-foot multifamily property is configured as a three-unit residential building. Mechanical systems have been installed, and the interior has advanced to the stage preceding drywall installation, allowing the next phase of construction to focus on enclosing and finishing the spaces.

Located at 645 Maryland St in Gary, Indiana, the property is offered for sale. The provided terms indicate a cash or 203K financing requirement. Its three-unit layout and partially completed interior establish a clear multifamily redevelopment profile for an investor seeking a residential income property.

Key Highlights

  • Three‑unit residential configuration
  • 1,920 square feet of property area
  • Mechanical systems installed

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Building Supply HVAC Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

475
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

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 - Three residential units offer a defined multifamily configuration with mechanical systems installed and interior work ready for drywall.
Where is this triplex located?
The property is located at 645 Maryland St Gary, IN.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: Three‑unit residential configuration; 1,920 square feet of property area; Mechanical systems installed
More about this property
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