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Lake County, IN Multifamily Properties for Sale

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31 results
Gary Multifamily Investment Opportunity
$499,900
6,457 SF

Gary Multifamily Investment Opportunity

2315 Industrial Boulevard, Gary, IN 46407

Six-unit multifamily property with redevelopment potential in Gary, Indiana.

  • High‑potential multifamily asset with 6 units on one lot in a prime location.
  • Zoned for up to 9 units, offering a significant opportunity for expansion.
  • Vacant units provide flexibility for immediate renovation, leasing, or redevelopment strategies.
  • Main 5‑unit building features spacious 989 sqft apartments with 2 bedrooms, 1 bathroom, and 10' ceilings.
  • Updated HVAC systems and renovated units in the 5‑unit building provide a strong foundation for immediate income production.
Updated: Apr 6
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Updated Duplex on Acreage
$449,900
1.08 Acres

Updated Duplex on Acreage

1735 S Fairbanks Street, Griffith, IN 46319

Rare updated duplex on over one acre in Griffith.

  • Two separate, fully updated homes on a single 1+ acre lot in the Lake Central School District
  • Significant income potential with estimated rental income of $4,000 per month (buyer to verify)
  • Completely renovated interiors featuring new kitchens with quartz countertops and stainless steel appliances, and fully remodeled bathrooms
  • Major mechanicals are less than 2 years old and brand new well systems installed
  • Flexible living options: ideal for rental income, multi‑generational living, or owner‑occupancy with rental income
Updated: Mar 24
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Spacious Remodeled Duplex in Merrillville
$599,000
0.41 Acres

Spacious Remodeled Duplex in Merrillville

Remodeled duplex with multi-generational living or investment potential.

7932-7934 Whitcomb Street, Merrillville, IN 46410
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Updated Duplex with Extra Lot
$319,900
0.22 Acres

Updated Duplex with Extra Lot

Investor-ready duplex in Griffith, IN with immediate cash flow.

132-136 S Elgin Street, Griffith, IN 46319
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Munster Multi-Unit Townhome Investment
$390,000
0.16 Acres

Munster Multi-Unit Townhome Investment

Charming, well-maintained multi-unit near downtown Munster and new train station.

8138-40 Highland Place, Munster, IN 46321
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Renovated Duplex in Hobart, IN
$300,000
0.11 Acres

Renovated Duplex in Hobart, IN

Two-unit property with updated interiors and new appliances.

529 Lake Street, Hobart, IN 46342
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East Chicago Triplex with Coach
$145,000
0.08 Acres

East Chicago Triplex with Coach

Triplex with detached coach house in established East Chicago neighborhood.

5008 Alexander Avenue, East Chicago, IN 46312
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Updated Duplex Near Downtown Hammond
$349,000
0.10 Acres

Updated Duplex Near Downtown Hammond

Move-in ready duplex with recent updates and income potential.

23 Mason Street, Hammond, IN 46320
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Two Brick Homes on One Parcel
$350,000
0.17 Acres

Two Brick Homes on One Parcel

Two separate homes on one parcel, great investment opportunity.

612 W 149th Street, East Chicago, IN 46312
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Hammond Two-Unit Rental Property
$259,900
0.11 Acres

Hammond Two-Unit Rental Property

Two-unit property in Hammond, IN with stable cash flow.

4828 Oak Avenue, Hammond, IN 46327
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Mixed-Use Property in Lowell, Indiana
$295,000
0.38 Acres

Mixed-Use Property in Lowell, Indiana

Retail, office, and residential units in a vibrant suburban setting.

112-116 Halstead unit: Appr, Lowell, IN 46356
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Updated Brick Triplex Investment Property
$239,000
0.11 Acres

Updated Brick Triplex Investment Property

Well-maintained, updated brick triplex with separate utilities and tenant leases.

1308 W 150th Street, East Chicago, IN 46312
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Two-Unit Building: Investor Special
$49,000
0.09 Acres

Two-Unit Building: Investor Special

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

1072 Van Buren Street, Gary, IN 46402
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Remodeled Duplex in East Chicago
$232,000
0.07 Acres

Remodeled Duplex in East Chicago

Completely remodeled 2-unit duplex, ideal for investors or homeowners.

616 W 144th Street, East Chicago, IN 46312
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Gary, Indiana Multifamily Property
Contact for pricing
0.10 Acres

Gary, Indiana Multifamily Property

Two-unit multifamily property available in Gary, Indiana.

1937 Martin Luther King Drive, Gary, IN 46407
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East Chicago Four-Unit Multifamily Property
$460,000
0.16 Acres

East Chicago Four-Unit Multifamily Property

Stabilized investment opportunity with updated units and reliable tenants.

5001 Magoun Avenue, East Chicago, IN 46312
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Downtown Hammond Redevelopment Opportunity
$499,000
41,400 SF

Downtown Hammond Redevelopment Opportunity

Five-story, 41,000 SF building near South Shore Train Line.

5217 Hohman Ave, Hammond, IN 46320
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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 Avenue, Gary, IN 46407
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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 Street, Gary, IN 46404
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East Chicago Multi-Unit Building
$175,000
0.08 Acres

East Chicago Multi-Unit Building

Three-unit building with income potential in convenient location.

4828 Melville Avenue, East Chicago, IN 46312
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Mixed-Use Property on Indianapolis Boulevard
Contact for pricing
4,680 SF

Mixed-Use Property on Indianapolis Boulevard

East Chicago mixed-use property with high visibility and traffic.

4802 Indianapolis Blvd, East Chicago, IN 46312
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Munster Apartment Building For Sale
$2,499,000
2.10 Acres

Munster Apartment Building For Sale

12-unit apartment building in desirable Munster location near hospitals.

1650 45th St, Munster, IN 46321
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Mixed-Use Property on Indianapolis Boulevard
Contact for pricing
8,040 SF

Mixed-Use Property on Indianapolis Boulevard

Mixed-use property with residential and commercial units on Indianapolis Boulevard.

4802 Indianapolis Blvd, East Chicago, IN
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Northwest Indiana Multifamily Investment
$1,350,000
8,624 SF

Northwest Indiana Multifamily Investment

Well-maintained 8-unit multifamily property with strong cash flow.

1080 W 85th Ave, Merrillville, IN 46410
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Lake County, IN Multifamily Properties Investment Opportunities Market Analysis

Explore 31 multifamily properties for sale in Lake County, IN, showcased through 31 active listings on our real estate platform. These investment opportunities span a total of 323,635,731 square feet of properties for sale, with an estimated market value of $452,432,599.

Sale prices for multifamily properties in Lake County, IN start at $49,000, averaging $267,553, and reaching up to $1,215,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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