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    Gary, IN Quadplexes for Sale

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    Hammond, IN Hobart, IN Griffith, IN
    Merrillville Four-Unit Investment Opportunity
    $584,900
    4,320 SF

    Merrillville Four-Unit Investment Opportunity

    135 W 57th Avenue, Merrillville, IN 46410

    Fully brick 4-unit property with cash flow and value-add potential.

    • Strong cash flow potential with value‑add upside due to below‑market rents.
    • Each unit features 2 bedrooms and 1 bathroom, offering approximately 1,080 square feet.
    • Attached garage space for each unit accessed through a drive‑down basement.
    • Fully brick 4‑unit building on a corner lot.
    • Minutes from a main corridor with shopping, dining, and everyday conveniences.
    Updated: Apr 27
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    Merrillville Four-Unit Multifamily Property
    $434,900
    0.35 Acres

    Merrillville Four-Unit Multifamily Property

    5625 Massachusetts Street, Merrillville, IN 46410

    Four-unit building in Merrillville with recent updates and separate utilities.

    • Four‑unit building: Featuring 3 two‑bedroom units and 1 one‑bedroom unit.
    • Separated gas and electric utilities.
    • Recently updated with new paint and flooring.
    • Well‑maintained property.
    • Close proximity to Broadway.
    Updated: Apr 23
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

    Crown Point Multifamily Investment Opportunity
    $559,900
    0.25 Acres

    Crown Point Multifamily Investment Opportunity

    Four-unit property in downtown Crown Point with income and upside.

    324 S Main Street, Crown Point, IN 46307
    View details
    Historic Pullman Multifamily Investment Opportunity
    $249,900
    0.12 Acres

    Historic Pullman Multifamily Investment Opportunity

    Solid four-unit building in Pullman, Chicago, offering income potential.

    11420-22 S Champlain Avenue, Chicago, IL 60628
    View details
    Hegewisch Multifamily Investment Opportunity
    $199,900

    Hegewisch Multifamily Investment Opportunity

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

    13513 S Baltimore Avenue, Chicago, IL 60633
    View details
    Lansing Investment Property Package
    $599,900

    Lansing Investment Property Package

    Single-family home and fully leased four-unit apartment in Lansing, Illinois.

    19061 Wentworth Avenue, Lansing, IL 60438
    View details

    Gary, IN Quadplexes Investment Opportunities Market Analysis

    Explore 2 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 $1,019,800.

    Sale prices for four-unit buildings in Gary, IN start at $434,900, averaging $509,900, and reaching up to $584,900 — 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

    Duplexes 3
    Apartment buildings 2
    Quadplexes 2
    Short term rental properties 1

    Property Size Breakdown

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

    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 sq ft
    Tax Rate vs County Average 6.93 pp above county avg
    Average Loan-to-Value 65.0%

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