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Lake County, IN Residential Income Properties for Sale

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42 results
Gary Multifamily Investment Opportunity
$499,900
6,457 SF

Gary Multifamily Investment Opportunity

2315 Industrial Boulevard, Gary, IN 46407

Six-unit multifamily property with redevelopment potential in Gary, Indiana.

  • High‑potential multifamily asset with 6 units on one lot in a prime location.
  • Zoned for up to 9 units, offering a significant opportunity for expansion.
  • Vacant units provide flexibility for immediate renovation, leasing, or redevelopment strategies.
  • Main 5‑unit building features spacious 989 sqft apartments with 2 bedrooms, 1 bathroom, and 10' ceilings.
  • Updated HVAC systems and renovated units in the 5‑unit building provide a strong foundation for immediate income production.
Updated: Apr 6
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Renovated Duplex on Acreage
$449,900
1.08 Acres

Renovated Duplex on Acreage

1735 S Fairbanks Street, Griffith, IN 46319

Turnkey investment: two homes on one large lot.

  • Rare 2‑unit property on over 1 acre in Lake Central school district.
  • Fully renovated units, move‑in ready with modern kitchens and updated bathrooms.
  • Turnkey investment opportunity for rental income, house hacking, or multi‑generational living.
  • Two separate homes: primary (3 bed/2 bath, ~1,200 SF) and second (2 bed/2 bath, ~800 SF).
  • New well systems and separately metered utilities for each unit.
Updated: Apr 23
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Merrillville Four-Unit Multifamily Property
$434,900
0.35 Acres

Merrillville Four-Unit Multifamily Property

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

5625 Massachusetts Street, Merrillville, IN 46410
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Mixed-Use Building on Crown Point Square
$759,000
7,387 SF

Mixed-Use Building on Crown Point Square

Mixed-use property in high-traffic area with income potential.

100 N Main Street, Crown Point, IN 46307
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Spacious Remodeled Duplex in Merrillville
$599,000
0.41 Acres

Spacious Remodeled Duplex in Merrillville

Remodeled duplex with multi-generational living or investment potential.

7932-7934 Whitcomb Street, Merrillville, IN 46410
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Updated Duplex with Extra Lot
$319,900
0.22 Acres

Updated Duplex with Extra Lot

Investor-ready duplex in Griffith, IN with immediate cash flow.

132-136 S Elgin Street, Griffith, IN 46319
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Spacious Home on Large Lot
$359,900
0.88 Acres

Spacious Home on Large Lot

4-bedroom home on 0.87 acres near amenities.

9441 S State Line Road, Dyer, IN 46311
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East Chicago Triplex with Coach
$145,000
0.08 Acres

East Chicago Triplex with Coach

Triplex with detached coach house in established East Chicago neighborhood.

5008 Alexander Avenue, East Chicago, IN 46312
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Two Brick Homes on One Parcel
$350,000
0.17 Acres

Two Brick Homes on One Parcel

Two separate homes on one parcel, great investment opportunity.

612 W 149th Street, East Chicago, IN 46312
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Gary, Indiana Multifamily Investment
$129,000
0.14 Acres

Gary, Indiana Multifamily Investment

Two-unit property with strong income potential in Gary, Indiana.

3569 Maryland Street, Gary, IN 46409
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Two Homes on One Property
$335,000
0.21 Acres

Two Homes on One Property

Unique property with two homes, ideal for investment or related living.

246 142nd Street, Hammond, IN 46327
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Hammond Two-Unit Rental Property
$259,900
0.11 Acres

Hammond Two-Unit Rental Property

Two-unit property in Hammond, IN with stable cash flow.

4828 Oak Avenue, Hammond, IN 46327
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Renovated Duplex in Hobart, IN
$300,000
0.11 Acres

Renovated Duplex in Hobart, IN

Two-unit property with updated interiors and new appliances.

529 Lake Street, Hobart, IN 46342
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Mixed-Use Property in Lowell, Indiana
$295,000
0.38 Acres

Mixed-Use Property in Lowell, Indiana

Retail, office, and residential units in a vibrant suburban setting.

112-116 Halstead, Lowell, IN 46356
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Updated Brick Triplex Investment Property
$239,000
0.11 Acres

Updated Brick Triplex Investment Property

Well-maintained, updated brick triplex with separate utilities and tenant leases.

1308 W 150th Street, East Chicago, IN 46312
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Two-Unit Building: Investor Special
$49,000
0.09 Acres

Two-Unit Building: Investor Special

Two 3-bedroom units, full rehab needed, strong rental demand.

1072 Van Buren Street, Gary, IN 46402
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Remodeled Duplex in East Chicago
$232,000
0.07 Acres

Remodeled Duplex in East Chicago

Completely remodeled 2-unit duplex, ideal for investors or homeowners.

616 W 144th Street, East Chicago, IN 46312
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Gary, Indiana Multifamily Property
Contact for pricing
0.10 Acres

Gary, Indiana Multifamily Property

Two-unit multifamily property available in Gary, Indiana.

1937 Martin Luther King Drive, Gary, IN 46407
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East Chicago Four-Unit Multifamily Property
$460,000
0.16 Acres

East Chicago Four-Unit Multifamily Property

Stabilized investment opportunity with updated units and reliable tenants.

5001 Magoun Avenue, East Chicago, IN 46312
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Downtown Hammond Redevelopment Opportunity
$499,000
41,400 SF

Downtown Hammond Redevelopment Opportunity

Five-story, 41,000 SF building near South Shore Train Line.

5217 Hohman Ave, Hammond, IN 46320
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Gary, IN Multiplex Opportunity
$75,000
0.07 Acres

Gary, IN Multiplex Opportunity

Investor special with endless potential in Gary, Indiana!

1241 W 17th Avenue, Gary, IN 46407
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Unique Multi-Unit in Gary, IN
$135,000
0.09 Acres

Unique Multi-Unit in Gary, IN

Four-unit property with historical fixtures, ready for renovation.

1005 Garfield Street, Gary, IN 46404
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East Chicago Multi-Unit Building
$175,000
0.08 Acres

East Chicago Multi-Unit Building

Three-unit building with income potential in convenient location.

4828 Melville Avenue, East Chicago, IN 46312
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Route 41 Commercial Opportunity
$255,000
2,130 SF

Route 41 Commercial Opportunity

3+ acre parcel with commercial building and fixer-upper home.

20508 Wicker Boulevard, Lowell, IN 46356
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Lake County, IN Residential Income Properties Investment Opportunities Market Analysis

Explore 2196 residential income properties for sale in Lake County, IN, showcased through 42 active listings on our real estate platform. These investment opportunities span a total of 78,283 square feet of properties for sale, with an estimated market value of $5,202,800.

Sale prices for residential income properties in Lake County, IN start at $184,900, averaging $520,280, and reaching up to $1,350,000 — 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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