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    Whiting, IN Multifamily Properties for Sale

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    Two-Dwelling Duplex
    Updated: Aug 28
    Two-Dwelling Duplex

    1724 Lake Avenue, Whiting, IN 46394

    $298,900
    0.09 AC lot
    Two separate single‑family dwellings on one 0.0854‑acre lot
    Front residence includes 3 bedrooms, 1 bathroom, and 936 finished square feet
    Rear residence includes 2 bedrooms, 1 bathroom, and 696 finished square feet
    Unfinished basement included with the front residence
    Forced‑air heating with natural gas; public water and public sewer
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    Fully Occupied 19-Unit Apartment Building
    Updated: May 4
    Fully Occupied 19-Unit Apartment Building

    1923 Clark St, Whiting, IN 46394

    $1,775,000
    16,000 sqft
    All‑brick/stone 19‑unit apartment building built in 1926, fully occupied
    Unit mix: 1 two‑bedroom (1 bath), 13 one‑bedroom (1 bath), and 5 studios (1 bath)
    15 of the 19 apartments were remodeled within the last 3 years
    Each apartment is separately metered for NIPSCO (gas/electric)
    Wall A/C units and boiler/radiator heat in the apartments
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    5-Unit Brick Apartment Building
    5-Unit Brick Apartment Building

    1820 Davis Ave, Whiting, IN 46394

    $549,000
    2,718 sqft

    Renovated apartments with garage rentals and a coin-operated laundry facility.

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    See what stands out in Lake County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
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    Local Demand available after sign in
    Multifamily Property with Basement
    Multifamily Property with Basement

    2112 Stanton Avenue, Whiting, IN 46394

    $190,000
    2,144 sqft

    As-is estate sale property with an upstairs tenant and a basement rental unit that is currently unusable.

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    Well-Maintained Duplex with Garage
    Well-Maintained Duplex with Garage

    2806 Schrage Avenue, Whiting, IN 46394

    Contact for pricing

    Two-unit duplex with enclosed porches, walk-in pantry, unfinished basement access, and a detached 2.5-car garage with alley access.

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    Turnkey Updated Duplex
    Turnkey Updated Duplex

    2604 Schrage Avenue, Whiting, IN 46394

    Contact for pricing

    Updated turnkey duplex with recent mechanical, plumbing, flooring, and kitchen renovations in both units.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Updated Two-Home Duplex
    Updated Two-Home Duplex

    2804 Schrage Avenue, Whiting, IN 46394

    Contact for pricing

    Two residences share a private yard and offer central air conditioning.

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    Brick Triplex with Courtyard
    Brick Triplex with Courtyard

    1704 Central Avenue, Whiting, IN 46394

    Contact for pricing

    Three-unit property comprising two brick buildings arranged around a shared courtyard.

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    Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 8 Active listings in Whiting, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Six-Unit Apartment Building
    Six-Unit Apartment Building

    10856 South Avenue D, Chicago, IL 60617

    Contact for pricing
    5,000 sqft

    Six 1-bedroom, 1-bath units in a Chicago multifamily building with convenient regional route access.

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    Brick Multifamily Building
    Brick Multifamily Building

    517 W Columbus Drive, East Chicago, IN 46312

    $135,000
    1,428 sqft

    Brick construction, separate metering, and dedicated storage/laundry support the property’s existing multifamily configuration.

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    Updated Two-Unit Residential Income
    Updated Two-Unit Residential Income

    13443 South Avenue M, Chicago, IL 60633

    $279,000

    Updated two-unit property with two separate units, a full basement with laundry access, and a two-car garage.

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    10-Unit Apartment Building
    10-Unit Apartment Building

    1021 West Columbus Drive, East Chicago, IN 46312

    $1,200,000
    12,432 sqft

    Three-story apartment property with two-bedroom residences, hardwood flooring, and commercial zoning.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    University Park Developable Land
    University Park Developable Land

    976 Mesa Court, University Park, IL 60484

    Contact for pricing
    3.20 AC lot

    3.2 acres with 24 concrete housing pads in University Park.

    View details

    Off-Market Properties in Whiting, IN

    Consider similar Off-Market properties in Whiting, 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.

    1912 New York Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    1912 New York Ave, Whiting, IN 46394-2099

    $265,000
    Estimated value
    4,916 sqft 0.07 AC lot
    View details
    1500 Fred St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1500 Fred St, Whiting, IN 46394-2000

    $270,000
    Estimated value
    5,330 sqft 0.09 AC lot
    View details
    1511 Warwick Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    1511 Warwick Ave, Whiting, IN 46394-1238

    $265,000
    Estimated value
    4,836 sqft 0.11 AC lot
    View details
    2100 New York Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    2100 New York Ave, Whiting, IN 46394-1981

    $255,000
    Estimated value
    4,335 sqft 0.07 AC lot
    View details
    2035 Davidson Pl
    APARTMENT HOUSE (UNDER 5 UNITS)

    2035 Davidson Pl, Whiting, IN 46394-2215

    $245,000
    Estimated value
    2,286 sqft 0.11 AC lot
    View details
    1542 121st St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1542 121st St, Whiting, IN 46394-1564

    $260,000
    Estimated value
    4,320 sqft 0.11 AC lot
    View details
    1434 Calumet Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    1434 Calumet Ave, Whiting, IN 46394-1013

    $275,000
    Estimated value
    6,000 sqft 0.53 AC lot
    View details
    1452 119th St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1452 119th St, Whiting, IN 46394-1734

    $265,000
    Estimated value
    6,700 sqft 0.18 AC lot
    View details
    2058 Indianapolis Blvd
    APARTMENT HOUSE (UNDER 5 UNITS)

    2058 Indianapolis Blvd, Whiting, IN 46394-1999

    $275,000
    Estimated value
    1,731 sqft 0.07 AC lot
    View details
    1347 119th St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1347 119th St, Whiting, IN 46394-1627

    $260,000
    Estimated value
    4,450 sqft 0.09 AC lot
    View details
    1633 Roberts Ave, Unit 37
    APARTMENT HOUSE (UNDER 5 UNITS)

    1633 Roberts Ave, Whiting, IN 46394-1317

    Unit 37
    $265,000
    Estimated value
    1,952 sqft 0.21 AC lot
    View details
    1242 121st St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1242 121st St, Whiting, IN 46394-1985

    $260,000
    Estimated value
    4,608 sqft 0.09 AC lot
    View details
    1849 Indianapolis Blvd
    APARTMENT HOUSE (UNDER 5 UNITS)

    1849 Indianapolis Blvd, Whiting, IN 46394-1363

    $275,000
    Estimated value
    7,031 sqft 0.20 AC lot
    View details
    1440 119th St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1440 119th St, Whiting, IN 46394-1779

    $260,000
    Estimated value
    5,175 sqft 0.08 AC lot
    View details
    1548 119th St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1548 119th St, Whiting, IN 46394-1733

    $340,000
    Estimated value
    16,014 sqft
    View details
    1548 119th St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1548 119th St, Whiting, IN 46394-1733

    $350,000
    Estimated value
    16,014 sqft
    View details

    Whiting, IN Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Whiting, IN, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 20,862 square feet of properties for sale, with an estimated market value of $2,812,900.

    Sale prices for multifamily properties in Whiting, IN start at $190,000, averaging $703,225, and reaching up to $1,775,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 6
    Apartment buildings 2
    Triplexes 2

    Demographics Overview

    Population 12K
    Population Growth (5Y) -1.8%
    Median Household Income $66,386
    College Educated 26.9%

    High-Yield Neighborhoods for Investment

    Identify Whiting submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    46394 $657.8K

    Taxes & Financing

    Tax Rate (average for all types) 3.22%
    Property Tax per SF $13.06 per SF
    Tax Rate vs County Average 0.15 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Lake County

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