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Gary, IN Multifamily Properties for Sale

13 results
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Income-Producing 4-Unit Property
$600,000
0.41 Acres

Income-Producing 4-Unit Property

7636 Whitcomb St, Merrillville, IN 46410

Stabilized asset with reliable performance.

  • income‑producing 4‑unit property with all units currently occupied
  • recent capital improvements: 1‑year‑old roof and gutters, newer ac units (2 years old) in units c & d, windows replaced within the last 7 years
  • conveniently located near major highways, shopping, dining, and entertainment
  • stabilized asset with reliable performance
  • ideal for both seasoned and first‑time investors building a rental portfolio
Updated: Jan 15
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Merrillville Duplex: Income Potential
Pending
$364,900
0.32 Acres

Merrillville Duplex: Income Potential

3608 W 73Rd Ct, Merrillville, IN 46410

Duplex in Merrillville with strong income and value-add potential.

  • Strong income potential with projected stabilized cap rate of 11‑13%.
  • Desirable unit mix: one unit with 4 bedrooms, 1.75 baths, and partially finished basement; one unit with 2 bedrooms, 1 bath, and fully finished basement.
  • Projected rents of $2,200-$2,400 for the larger unit and $1,700-$1,900 for the smaller unit.
  • Convenient location near I‑65, major employers, and the Merrillville retail corridor.
  • Value‑add potential through cosmetic updates and basement enhancements.
Updated: Jan 9
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Two-Story Brick Apartment Building
Pending
$69,900
0.09 Acres

Two-Story Brick Apartment Building

Two-story brick apartment building with walkout basement. Needs work.

640 Polk St, Gary, IN 46402
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Open-Concept Ranch Condo For Sale
$165,000
0.36 Acres

Open-Concept Ranch Condo For Sale

Charming 2-bedroom condo with hardwood floors and updated kitchen.

2306 W 65Th Ave, Merrillville, IN 46410
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Unique Multi-Unit in Gary, IN
$135,000
0.09 Acres

Unique Multi-Unit in Gary, IN

Four-unit property with historical fixtures, ready for renovation.

1005 Garfield St, Gary, IN 46404
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Two Homes on One Lot
$235,000
0.21 Acres

Two Homes on One Lot

Two homes on one lot, ideal for investors.

2715 Floyd St, Gary, IN 46405
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Turn-Key Triplex: Updated Investment
Pending
$249,900
0.07 Acres

Turn-Key Triplex: Updated Investment

Renovated triplex with income potential in Gary, Indiana.

830 W 11Th Ave, Gary, IN 46402
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Renovated Duplex: Investment Opportunity
$250,000
0.07 Acres

Renovated Duplex: Investment Opportunity

Turnkey duplex with modern updates, ideal for investors.

1379 Roosevelt Pl, Gary, IN 46404
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Gary Multi-Unit Investor Opportunity
$54,000
0.09 Acres

Gary Multi-Unit Investor Opportunity

Two 3-bedroom units, full rehab needed, strong rental demand.

1072 Van Buren St, Gary, IN 46402
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Gary, IN Multiplex Opportunity
$75,000
0.07 Acres

Gary, IN Multiplex Opportunity

Investor special with endless potential in Gary, Indiana!

1241 W 17Th Ave, Gary, IN 46407
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Move-in Ready Home, Large Lot
$277,777

Move-in Ready Home, Large Lot

Well-maintained 3-bedroom home on a quarter-acre lot.

4229 W 92Nd Pl, Merrillville, IN 46410
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Immaculate Condo in Brookstone
$171,000

Immaculate Condo in Brookstone

Move-in ready 2-bed, 1.5 bath condo with great amenities.

2035 W 75Th Pl, Merrillville, IN 46410
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Gary, IN Multifamily Investment
$469,000
0.08 Acres

Gary, IN Multifamily Investment

Six-unit apartment building, 100% occupied.

1301 Pennsylvania St, Gary, IN 46407
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Based on your search, we've compiled 364 Potential Opportunities for your consideration. Besides 13 Active listings in Gary, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 347 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Updated Two-Unit Apartment Building
$344,800

Updated Two-Unit Apartment Building

Turnkey investment opportunity with two updated units and separate utilities.

2302 W 37Th Ave, Hobart, IN 46342
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Hobart Duplex For Sale
$209,900
0.36 Acres

Hobart Duplex For Sale

Two-unit home with newer features, ideal for investors.

1231 W 3Rd St, Hobart, IN 46342
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Highland Mixed-Use Building For Sale
$699,000
4,144 SF

Highland Mixed-Use Building For Sale

Mixed-use building with apartments and retail space in Highland, Indiana.

2904 45 St, Highland, IN
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Mixed-Use Investment Property
$850,000
8,280 SF

Mixed-Use Investment Property

Six-unit mixed-use property in Downtown Highland for sale.

2910 Hwy Ave, Highland, IN
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Explore Off-Market Properties in Gary, IN

Consider similar Off-Market properties in Gary, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1301 Pennsylvania St

1301 Pennsylvania St

Multifamily properties • 0.08 Acres
Value Estimation by Request
1301 Pennsylvania St, Gary, IN 46407
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4128 Washington St

4128 Washington St

Multifamily properties • 2,864 SF
Value Estimation by Request
4128 Washington St, Gary, IN 46408
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816 Pennsylvania St

816 Pennsylvania St

Multifamily properties • 7,221 SF
Value Estimation by Request
816 Pennsylvania St, Gary, IN 46402
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7701 Taft Odd

7701 Taft Odd

Multifamily properties • 3,537 SF
Value Estimation by Request
7701 Taft Odd, Merrillville, IN 46410
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1537 Virginia St, Unit 49

1537 Virginia St, Unit 49

APARTMENT HOUSE (UNDER 5 UNITS) • 7,434 SF
Value Estimation
$290,000
1537 Virginia St, Gary, IN 46407-2359
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2306-2310 5th Ave, Unit 2310

2306-2310 5th Ave, Unit 2310

APARTMENT HOUSE (UNDER 5 UNITS) • 4,320 SF
Value Estimation
$290,000
2306-2310 5th Ave, Gary, IN 46404-1340
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1520 Grant St

1520 Grant St

APARTMENT HOUSE (UNDER 5 UNITS) • 7,737 SF
Value Estimation
$255,000
1520 Grant St, Gary, IN 46404-2765
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441 Connecticut St

441 Connecticut St

APARTMENT HOUSE (UNDER 5 UNITS) • 3,861 SF
Value Estimation
$255,000
441 Connecticut St, Gary, IN 46402-1312
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1213 Washington St, Unit 19

1213 Washington St, Unit 19

APARTMENT HOUSE (UNDER 5 UNITS) • 4,500 SF
Value Estimation by Request
1213 Washington St, Gary, IN 46407-1252
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1590 Garfield St

1590 Garfield St

APARTMENT HOUSE (UNDER 5 UNITS) • 4,836 SF
Value Estimation
$250,000
1590 Garfield St, Gary, IN 46404-2771
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4520 Rdg Rd

4520 Rdg Rd

MOBILE HOME PARK, TRAILER PARK • 600 SF
Value Estimation
$260,000
4520 Rdg Rd, Gary, IN 46408-1338
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Gary, IN Multifamily Properties Investment Opportunities Market Analysis

Explore 360 multifamily properties for sale in Gary, IN, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 9,647,872 square feet of properties for sale, with an estimated market value of $63,977,700.

Prices for multifamily properties in Gary, IN start at $54,000, averaging $274,582, and reaching up to $1,215,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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