Two-Unit Duplex with Fenced
For Sale
Contact for pricing
Pending
7200 Madison Street, Merrillville, IN 46410
Separate gas and electric utilities support distinct service arrangements for the two residences.
Property SizeContact for details
Days on Market142
Property Features for 7200 Madison Street
General Information
Standard status
Pending
Total Parking Spaces
3
Property subtype
Multifamily, Land
Units
Unit Mix
1 x 2BR, 1 x 1BR/1BA
Multifamily Units
2
Additional Details
Utilities to Site
Yes
Amenities
laundry available in basement
cyclone fenced yard
enclosed front porch
Building Details
Year Built
1900
Listing Agency:
Coldwell Banker Realty
(219) 789-0806
Listed By:
Meagan Skinner · License #RB14043751
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 5:55PM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
Built in 1900, this duplex contains two residential units with distinct layouts. The larger residence spans two levels and includes two bedrooms, a walk-in closet, living and dining areas, a kitchen, an enclosed front porch, central air, and basement laundry access. The second unit is arranged on one level with one bedroom, a living room, kitchen, and bathroom; a window AC unit is stored in the basement.
The property includes a cyclone-fenced yard and three gravel parking spaces. Gas and electric service are separated between the units, while water is carried on one bill. The sale is offered in as-is condition, with cash or conventional financing specified.
The property includes a cyclone-fenced yard and three gravel parking spaces. Gas and electric service are separated between the units, while water is carried on one bill. The sale is offered in as-is condition, with cash or conventional financing specified.
Key Highlights
- Two‑unit duplex built in 1900
- Larger unit offers two stories, 2 bedrooms, enclosed porch, central air, and basement laundry access
- Second residence includes 1 bedroom and a single‑level layout
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
353
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Duplex - Separate gas and electric utilities support distinct service arrangements for the two residences.
Where is this duplex located?
The property is located at 7200 Madison Street Merrillville, IN.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Two‑unit duplex built in 1900; Larger unit offers two stories, 2 bedrooms, enclosed porch, central air, and basement laundry access; Second residence includes 1 bedroom and a single‑level layout
