Search
Three-Unit Multifamily Property
For Sale
$99,900

645 Maryland Street, Gary, IN 46402

Residential Income, Gary, IN

Property SizeContact for details
Lot Size0.09 Acres
Days on Market48

Property Features for 645 Maryland Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Basement, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2
Parking features On Street
Interior features High Ceilings
Basement Unfinished
Subdivision Gary Land Companys 01
Lot features Back Yard, Front Yard
Directions From 6th and Broadway: East on 6th to Maryland South to 645 (on LEFT )
Standard status Active
APN 450803331011000004
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description GARY LAND CO'S 1ST SUB. L.12 BL.65
Tax Annual Amount 334
Legal Description GARY LAND CO'S 1ST SUB. L.12 BL.65

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1919
Floors in Building 2
Listing Agency: American Classic, Hoyle & Co.
Listed By: Randall Hoyle
Added: Jul 13 Changed: Aug 28 Last Checked: Aug 29 at 11:06PM
MLS# 842243

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 1919 multifamily property contains three residential units on a 0.086-acre parcel. The building includes a basement, high ceilings, forced-air heating, and three bathrooms. Existing mechanical systems are installed, with the interior awaiting drywall installation. The property is suited to a renovation-focused residential income strategy, subject to the stated purchase requirements.

Public water and public sewer serve the property, while parking is provided on the street. The address is in Gary, Indiana, within Lake County. The seller identifies cash or 203K financing as the available purchase options.

Key Highlights

  • Three‑unit multifamily property
  • 1919 construction on a 0.086‑acre lot
  • Mechanical systems installed; interior awaiting drywall

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.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

542
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Interior mechanical systems are installed, and the building is prepared for the next drywall phase.
Where is this triplex located?
The property is located at 645 Maryland Street 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 multifamily property; 1919 construction on a 0.086‑acre lot; Mechanical systems installed; interior awaiting drywall
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message