Quadplex

Gary, IN Quadplexes for Sale

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Four-Unit Multifamily Income Property
Updated: Jul 9
Four-Unit Multifamily Income Property

126 E 73rd Avenue, Merrillville, IN 46410

$399,900
4‑unit multifamily in Merrillville with four 1 bed/1 bath units, each approximately 680 SF
Each unit has individual mechanicals, including central air; tenants pay electric and gas
In‑unit laundry hookups included
Current rents: two units at $880/month, one occupied at $700/month, and one vacant unit previously rented for $925/month with a new tenant lined up
Updates include a newer gutter system, sewer pipe replacement and front‑yard cleanout, and HVAC in Unit 3
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Gary, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Four-Unit Residential Income Property
Four-Unit Residential Income Property

509 Union Street, Valparaiso, IN 46383

$405,000
0.18 AC lot

Four separate residential units offer a clear path to rental income in a small-footprint property.

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Remodeled Four-Unit Building in Chicago
Remodeled Four-Unit Building in Chicago

3324 E 136TH Street, Chicago, IL 60633

$439,000

Updated 4-unit property in Hegewisch, great for investors.

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Hegewisch Multifamily Investment Opportunity
Hegewisch Multifamily Investment Opportunity

13513 S Baltimore Avenue, Chicago, IL 60633

$199,900

Value-add multifamily property near Metra station in Chicago's Hegewisch.

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Four-Unit Residential Income Property
Four-Unit Residential Income Property

509 Union Street, Valparaiso, IN 46383

$405,000

Four separate rental units with mixed layouts in downtown Valparaiso.

View details

Gary, IN Quadplexes Market Trends and Statistics

Explore 1 quadplexes for sale in Gary, IN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $0.00.

Sale prices for four-unit buildings in Gary, IN start at $0.00, averaging $0.00, and reaching up to $0.00 — 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 8
Apartment buildings 1
Quadplexes 1
Short term rental properties 1

Demographics Overview

Population 124K
Population Growth (5Y) -7.7%
Median Household Income $47,747
College Educated 15.8%

Taxes & Financing

Tax Rate (average for all types) 7.93%
Property Tax per SF $79.79 per SF
Tax Rate vs County Average 6.93 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

Retail

Property Size Breakdown

The majority of commercial real estate listings in Gary fall within the 50,000 to 100,000 square foot range.

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