Quadplex

Merrillville, IN Quadplexes for Sale

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Griffith, IN Hammond, IN Hobart, IN Highland, IN East Chicago, IN Hillsdale, IN Schererville, IN Crown Point, IN
Four-Unit Brick Quadplex
Updated: Jul 9
Four-Unit Brick Quadplex

126 E 73rd Avenue, Merrillville, IN 46410

$399,900
Four approximately 680 sq. ft. units, each with 1 bedroom and 1 bathroom
Individual mechanicals with central air
In‑unit laundry hookups; tenants pay electric and gas
Newer gutter system and replaced sewer pipe
Cleanout installed in front yard
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Mixed-Use Building with Apartments
Updated: Sep 26, 2025
Mixed-Use Building with Apartments

710 West 11th Avenue, Gary, IN 46402

$80,000
8,288 sqft
8,288‑square‑foot mixed‑use building
Commercial storefront with 4 apartments
Brick exterior
Built in 1924
Utilities and meters are not present
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Brick Quadplex With Detached Garage
Brick Quadplex With Detached Garage

1136 Connecticut Street, Gary, IN 46407

Contact for pricing

Vacant four-unit property requiring complete interior renovation after fire damage.

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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.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Merrillville, 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 Rehab Quadplex
Four-Unit Rehab Quadplex

4828 Mccook Avenue, East Chicago, IN 46312

$109,900
0.08 AC lot

As-is multifamily property with two distinct unit layouts and access to public water and sewer services.

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Fully Occupied Quadplex
Fully Occupied Quadplex

4 Waltham Street, Hammond, IN 46320

$349,900
0.07 AC lot

All residential units are leased, providing an operating multifamily property in Hammond.

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Updated Quadplex with Driveway
Updated Quadplex with Driveway

5001 Magoun Avenue, East Chicago, IN 46312

$440,000
0.16 AC lot

Three residences feature updated interiors, with public water and sewer service supporting the four-unit property.

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Four-Unit Residential Income Building
Four-Unit Residential Income Building

38 Highland St, Hammond, IN 46320

Contact for pricing

Four-unit building offers three parking spots behind and includes a coin-operated basement laundry.

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Merrillville, IN Quadplexes Market Trends and Statistics

Explore 3 quadplexes for sale in Merrillville, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 8,288 square feet of properties for sale, with an estimated market value of $479,900.

Sale prices for four-unit buildings in Merrillville, IN start at $80,000, averaging $239,950, and reaching up to $399,900 — 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

Commercial property segments ranked by active listings on the market

Duplexes 16
Apartment buildings 2
Quadplexes 1

Demographics Overview

Population 39K
Population Growth (5Y) +2.0%
Median Household Income $61,735
College Educated 16.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
46410 $399.9K

Taxes & Financing

Tax Rate (average for all types) 2.32%
Property Tax per SF $33.26 per SF
Tax Rate vs County Average 0.75 pp below 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

Office

Property Size Breakdown

The majority of commercial real estate listings in Merrillville fall within the 100,000+ square foot range.

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