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    Lake County, IN Residential Income Properties for Sale

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    158 properties
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    Remodeled Duplex with Two Garages
    Updated: Aug 3
    Remodeled Duplex with Two Garages

    7932-7934 Whitcomb Street, Merrillville, IN 46410

    $569,000
    5,830 sqft 0.41 AC lot
    5,830‑square‑foot duplex on 0.41 acres
    Fully remodeled in 2021
    One unit offers 4 bedrooms and 3 bathrooms; the second has 3 bedrooms and 3 bathrooms
    3‑car garage for one unit and 2‑car garage with workshop for the other
    Both units feature updated windows, bonus or flex space, and kitchen storage
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    Six-Unit Mixed-Use Property
    Updated: Oct 2
    Six-Unit Mixed-Use Property

    4683 Broadway, Gary, IN 46409

    $399,900
    9,000 sqft 0.20 AC lot
    9,000‑square‑foot mixed‑use building on 0.2 acres
    Three commercial spaces and three apartments: two two‑bedroom units and one one‑bedroom unit
    Separately rented two‑car garage
    Roof replaced in 2021; second‑floor windows installed in 2024
    Boiler replaced in 2016
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    Mixed-Use Property with Leased Spaces
    Mixed-Use Property with Leased Spaces

    2800 Dekalb Street, Lake Station, IN 46405

    $550,000
    1,005 sqft 0.16 AC lot

    Two-level configuration combines four occupied commercial spaces with three leased residential units.

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    Move-In-Ready Multifamily Property
    Move-In-Ready Multifamily Property

    1424 Camellia Dr, Munster, IN 46321

    $886,000
    4,428 sqft

    Multiunit configuration with functional residential layouts, comfortable bedrooms, and practical finishes.

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    Mixed-Use Property with 16 Units
    Mixed-Use Property with 16 Units

    250 N Main Street, Crown Point, IN 46307

    $2,399,000
    12,606 sqft 0.13 AC lot

    Diversified property combining residential apartments, commercial suites, and shared lower-level tenant amenities.

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    Five-Unit Mobile Home Park
    Five-Unit Mobile Home Park

    6410 Kennedy Avenue, Hammond, IN 46323

    $175,000
    4,000 sqft 0.17 AC lot

    Hammond income property with three rented units, refreshed interiors, and public water and sewer service.

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    7-Unit Brick Apartment Building
    7-Unit Brick Apartment Building

    1514 W 5th Avenue, Gary, IN 46402

    $620,000
    8,516 sqft 0.11 AC lot

    Renovated residences have individual utility services, with both curbside and on-site parking available.

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    Mixed-Use Asset Near Crown Point
    Mixed-Use Asset Near Crown Point

    250 N Main St, Crown Point, IN 46307

    $2,399,000
    12,606 sqft

    Mixed-use property with residential and commercial units near Crown Point.

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    Single-Level Residential Income Property
    Single-Level Residential Income Property

    398 Golden Oak Drive, Crown Point, IN 46307

    $290,000
    1,670 sqft 0.17 AC lot

    The half-duplex residence has three bedrooms, two full baths, and an attached garage.

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    Duplex with Finished Basement
    Duplex with Finished Basement

    7650 Harrison Street, Merrillville, IN 46410

    $355,000
    3,420 sqft 0.33 AC lot

    Updated interiors include new carpeting, fresh paint, and a basement bar area.

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    6-Unit Apartment Building
    6-Unit Apartment Building

    1301 Pennsylvania St, Gary, IN 46407

    $400,000
    6,435 sqft

    The apartment mix includes one-, two-, and three-bedroom layouts.

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    Duplex Unit with Walk-Out Basement
    Duplex Unit with Walk-Out Basement

    17314 Brookwood Drive, Lowell, IN 46356

    $369,900
    2,588 sqft 0.17 AC lot

    Flexible residential income property with two kitchens, finished lower-level living space, and direct access to outdoor areas.

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    22-Unit Apartment Building
    22-Unit Apartment Building

    321 Hoffman Court, Crown Point, IN 46307

    $2,650,000
    11,868 sqft 1.33 AC lot

    Multifamily property near Bulldog Park and downtown Crown Point with off-street parking and public utilities.

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    Leased Mixed-Use Property
    Leased Mixed-Use Property

    2800 Dekalb St, Lake Station, IN 46405

    $550,000
    1,005 sqft

    Two-level property combines leased commercial occupancy with residential units in Lake Station.

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    Modern Duplex with Finished Details
    Modern Duplex with Finished Details

    1519 E 177th Court, Lowell, IN 46356

    $344,900
    1,890 sqft 0.17 AC lot

    2023 duplex property with upgraded interiors, covered outdoor spaces, and a full unfinished basement.

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    Two-Bedroom Half-Duplex
    Two-Bedroom Half-Duplex

    530 Cochran Drive, Crown Point, IN 46307

    $289,000
    1,311 sqft 0.12 AC lot

    Low-maintenance home with two full baths, a front porch, and an attached garage.

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    5-Unit Mobile Home Park
    5-Unit Mobile Home Park

    6410 Kennedy Ave, Hammond, IN 46323

    $175,000
    4,000 sqft

    Five-unit park with three occupied units, two vacancies, and refreshed interiors prepared for new tenants.

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    Updated Duplex with Private Bath
    Updated Duplex with Private Bath

    St John, IN 46373

    $355,000
    1,764 sqft 0.23 AC lot

    Half-duplex residence with refreshed interior finishes, a private primary bath, and a two-and-a-half-car garage.

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    Well-Maintained Four-Unit Apartment Building
    Well-Maintained Four-Unit Apartment Building

    5107 W 77th Ct, Schererville, IN 46375

    $550,000
    3,112 sqft 0.28 AC lot

    Four residential units with separate furnaces and water heaters, plus tenant-paid gas and electric.

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    Three-Bedroom Ranch Duplex
    Three-Bedroom Ranch Duplex

    St John, IN 46373

    $340,000
    1,686 sqft 0.23 AC lot

    Single-level residence with public utilities, a patio, and open parking in a subdivision setting.

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    Apartment Building Portfolio with Renovations
    Apartment Building Portfolio with Renovations

    7027 Parrish Ave, Hammond, IN 46323

    $650,000
    5,220 sqft

    Multifamily portfolio offering renovated apartments, varied unit layouts, and individual or package acquisition options.

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    New Half Duplex with Garage
    New Half Duplex with Garage

    14826 Carey Street, Cedar Lake, IN 46303

    $333,900
    1,580 sqft 0.15 AC lot

    Three-bedroom residence with granite counters, vaulted ceilings, patio access, and public water and sewer.

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    Three-Unit Multifamily Property
    Three-Unit Multifamily Property

    3768 Jefferson St, Gary, IN 46408

    $345,000
    2,476 sqft

    Two homes on separate parcels contain three living spaces, with independent entrances for each unit.

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    Specialty Property with Fenced Yard
    Specialty Property with Fenced Yard

    8438 Madison Street, Merrillville, IN 46410

    $327,999
    1,734 sqft 0.31 AC lot

    The 2019 half-duplex residence offers an open layout, three bedrooms, and a patio.

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    Lake County, IN Residential Income Properties Market Trends and Statistics

    Explore 158 residential income properties for sale in Lake County, IN, showcased through 158 active listings on our real estate platform. These investment opportunities span a total of 873,670 square feet of properties for sale, with an estimated market value of $65,113,812.

    Sale prices for residential investment properties in Lake County, IN start at $40,000, averaging $439,958, and reaching up to $2,650,000 — 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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    Featured Lake County Real Estate Agencies

    Realmo connects you with licensed Lake County CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Ginter Realty, INC
    405 Main St Hobart, IN 46342
    Phone: (219) 942-1141
    www.ginterhomes.com
    Haven Realty LLC
    9800 Connecticut Dr Crown Point, IN 46307
    Phone: (708) 609-7189
    havenrealtyhomes.com
    McColly Real Estate
    800 Deer Creek Drive Schererville, IN 46375
    Phone: (219) 864-7200
    www.mccolly.com
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