Quadplex

Merrillville, 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 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.

Quadplex with Two 3-Bed Units
Quadplex with Two 3-Bed Units

4828 Mccook Avenue, East Chicago, IN 46312

$109,900
0.08 AC lot

Four-unit quadplex with two 3-bedroom units and two 1-bedroom units, sold as-is for full rehabilitation.

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Fully Occupied 4-Unit Quadplex
Fully Occupied 4-Unit Quadplex

4 Waltham Street, Hammond, IN 46320

$349,900
0.07 AC lot

Well-maintained, fully occupied four-unit property in Hammond with an option to purchase within a four-property portfolio.

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Four-Unit Quadplex with Updated Interiors
Four-Unit Quadplex with Updated Interiors

5001 Magoun Avenue, East Chicago, IN 46312

$445,000
0.16 AC lot

Four-unit multifamily property with three recently updated units and tenant placement completed within the past 24 months.

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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 1 quadplexes for sale in Merrillville, IN on our real estate platform.

Sale prices for four-unit buildings in Merrillville, IN average $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 1
Quadplexes 1

Demographics Overview

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

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

Retail

Property Size Breakdown

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

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