Lake County, IN Residential income properties for sale

$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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Spacious Remodeled Duplex in Merrillville

$569,000

6,000 SF

Spacious Remodeled Duplex in Merrillville

7932-7934 Whitcomb Street, Merrillville, IN 46410

Remodeled duplex with multi-generational living or investment potential.

Just under 6,000 SF fully remodeled in 2021, offering two separate suites for multi‑generational living or an investment setup
7932 Whitcomb features 4 bedrooms and 3 bathrooms, with a main‑level primary suite plus an additional flex space and bonus room near the 3‑car garage
7934 Whitcomb features 3 bedrooms and 3 bathrooms, plus a versatile bonus room and a 2‑car garage with a dedicated workshop area
Both units have newer windows, with open, bright main living areas and kitchens with ample cabinet and pantry storage
Appliances include stainless steel options, refrigerator, microwave, gas cooktop, and dishwasher

Updated: Apr 12

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$545,000

0.25 Acres

Corner Lot Quadplex with Parking

Four-unit quadplex with separate entrances, eight dedicated off-street spaces, and month-to-month leasing flexibility.

324 S Main Street, Crown Point, IN 46307

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$195,500

0.11 Acres

Two-Unit Duplex with Front Porch

Well-laid-out duplex with two separate units and clear utility responsibilities for day-to-day operating ease.

1437 121st Street, Whiting, IN 46394

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$350,000

5,363 SF

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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$135,000

0.08 Acres

Triplex with Detached Coach House

Three rental units on one property, including a detached coach house, sold as-is and suited for value-add renovation.

5008 Alexander Avenue, East Chicago, IN 46312

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Hammond Multifamily Investment Opportunity

$150,000

0.14 Acres

Hammond Multifamily Investment Opportunity

Three-unit multifamily property in Hammond, Indiana, with strong rental potential.

10-12 Waltham Street, Hammond, IN 46320

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$265,000

0.18 Acres

Two-Unit Income Property

A 2-unit setup with a leased 3-bedroom unit and a vacant studio for immediate income and rental upside.

135 N Lindberg Street, Griffith, IN 46319

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$285,000

1.01 Acres

Three-Home Residential Income Property

Three small homes on one acre in Lake Central Schools, sold as-is with septic and well on site.

1910 S Calhoun Street, Griffith, IN 46319

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$179,900

0.21 Acres

Updated Duplex in Gary, Indiana

Income-producing duplex with Airbnb setup, ideal for first-time investors.

2023 Vermont Street, Gary, IN 46407

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$245,000

0.07 Acres

Cape Cod Duplex with Separate Meters

Well-maintained duplex setup with separate utilities and newer roof, siding, and windows, plus large garage with alley access.

1421 Roberts Avenue, Whiting, IN 46394

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$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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Mixed-Use Investment with Retail and Housing

$295,000

0.38 Acres

Mixed-Use Investment with Retail and Housing

Three-unit retail/office/warehouse plus two apartments in stacked duplexes, with off-street parking, but deferred maintenance to address.

112-116 Halstead, Lowell, IN 46356

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East Chicago Multifamily Income Property

$230,000

0.11 Acres

East Chicago Multifamily Income Property

Two-unit property in East Chicago with income and growth potential.

5040 Walsh Avenue, East Chicago, IN 46312

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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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$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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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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$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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$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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$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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$699,000

0.25 Acres

Mixed-Use Property Near Crown Point

Versatile investment property with residential and commercial income potential.

300 S Court St, Crown Point, IN 46307

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Mixed-Use Property on Indianapolis Boulevard

Contact for pricing

4,680 SF

Mixed-Use Property on Indianapolis Boulevard

East Chicago mixed-use property with high visibility and traffic.

4802 Indianapolis Blvd, East Chicago, IN 46312

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East Chicago Multifamily Investment Opportunity

$450,000

0.16 Acres

East Chicago Multifamily Investment Opportunity

Stabilized 4-unit property with updated interiors and reliable tenants.

5001 Magoun Avenue, East Chicago, IN 46312

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Contact for pricing

Northwest Indiana Apartment Portfolio

118-unit portfolio in Crown Point, Highland, and Griffith, Indiana.

2100 N Main St, Crown Point, IN 46307

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Lake County, IN Residential Income Properties Investment Opportunities Market Analysis

Explore 72 residential income properties for sale in Lake County, IN, showcased through 43 active listings on our real estate platform. These investment opportunities span a total of 95,543 square feet of properties for sale, with an estimated market value of $7,882,700.

Sale prices for residential income properties in Lake County, IN start at $175,000, averaging $656,891, and reaching up to $2,599,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.