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    Lake Station, IN Residential Income Properties for Sale

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    Hammond, IN Hobart, IN Griffith, IN
    9 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
    View details
    Merrillville Four-Unit Investment Opportunity
    $584,900
    0.49 Acres

    Merrillville Four-Unit Investment Opportunity

    135 W 57th Avenue, Merrillville, IN 46410

    Fully brick 4-unit property with cash flow and value-add potential.

    • Strong cash flow potential with value‑add upside due to below‑market rents.
    • Each unit features 2 bedrooms and 1 bathroom, offering approximately 1,080 square feet.
    • Attached garage space for each unit accessed through a drive‑down basement.
    • Fully brick 4‑unit building on a corner lot.
    • Minutes from a main corridor with shopping, dining, and everyday conveniences.
    Updated: Apr 27
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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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    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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    Updated Duplex in Gary, Indiana
    $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
    View details
    Gary, Indiana Multifamily Opportunity
    Contact for pricing
    0.10 Acres

    Gary, Indiana Multifamily Opportunity

    Two-unit multifamily property in Gary, Indiana, offered as-is.

    1937 Martin Luther King Drive, Gary, IN 46407
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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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    Northwest Indiana Multifamily Investment
    $1,350,000
    8,624 SF

    Northwest Indiana Multifamily Investment

    Well-maintained 8-unit multifamily property with strong cash flow.

    1080 W 85th Ave, Merrillville, IN 46410
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    Multifamily Property For Sale
    $469,000

    Multifamily Property For Sale

    Multifamily property available for purchase in Gary, Indiana.

    1301 Pennsylvania St, Gary, IN 46407
    View details
    Based on your search, we've compiled 37 Potential Opportunities for your consideration. Besides 9 Active listings in Lake Station, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 20 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Renovated Duplex on Acreage
    $449,900
    1.08 Acres

    Renovated Duplex on Acreage

    Turnkey investment: two homes on one large lot.

    1735 S Fairbanks Street, Griffith, IN 46319
    View details
    Mixed-Use Investment Property
    $850,000
    8,280 SF

    Mixed-Use Investment Property

    Six-unit mixed-use property in Downtown Highland for sale.

    2910 Highway Ave, Highland, IN
    View details
    Updated Townhome with Den
    $270,000
    1,540 SF

    Updated Townhome with Den

    Open concept, 2 bed, 2 bath townhome near Chicago.

    1017 N Woodlawn Avenue, Griffith, IN 46319
    View details
    Highland Mixed-Use Building For Sale
    $699,000
    4,144 SF

    Highland Mixed-Use Building For Sale

    Mixed-use building with apartments and retail space in Highland, Indiana.

    2904 45th St, Highland, IN
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Land in Quiet Neighborhood
    Contact for pricing
    0.31 Acres

    Residential Land in Quiet Neighborhood

    Large lot suitable for modular or manufactured home.

    2600 Bl. W 38th Avenue, Hobart, IN 46342
    View details
    Downtown Gary Development Opportunity
    $200,000
    0.24 Acres

    Downtown Gary Development Opportunity

    Prime location near planned revitalization, ideal for high-density housing.

    420 Adams Street, Gary, IN 46402
    View details
    Merrillville Land Opportunity
    $350,000
    37.18 Acres

    Merrillville Land Opportunity

    Over 37 acres available for residential development or private oasis.

    7530 Madison Street, Merrillville, IN 46410
    View details
    Lake Michigan View Lot
    $175,000
    0.11 Acres

    Lake Michigan View Lot

    Residential or multi-family development lot near Indiana Dunes National Park.

    741 N Lake Street, Gary, IN 46403
    View details

    Off-Market Properties in Lake Station, IN

    Consider similar Off-Market properties in Lake Station, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2450 County Line Rd

    2450 County Line Rd

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,392 SF
    Value Estimation by Request
    2450 County Line Rd, Lake Station, IN 46405-2676
    View details
    2775 Dekalb St

    2775 Dekalb St

    APARTMENT HOUSE (UNDER 5 UNITS) • 1,152 SF
    Value Estimation by Request
    2775 Dekalb St, Lake Station, IN 46405-1520
    View details
    4261 Oaktree Dr

    4261 Oaktree Dr

    APARTMENT HOUSE (UNDER 5 UNITS) • 4,190 SF
    Value Estimation by Request
    4261 Oaktree Dr, Lake Station, IN 46405-1207
    View details
    1920 Warren St

    1920 Warren St

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,392 SF
    Value Estimation by Request
    1920 Warren St, Lake Station, IN 46405-1276
    View details
    1950 Warren St

    1950 Warren St

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,392 SF
    Value Estimation by Request
    1950 Warren St, Lake Station, IN 46405-1277
    View details
    2000 Warren St

    2000 Warren St

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,392 SF
    Value Estimation by Request
    2000 Warren St, Lake Station, IN 46405-1246
    View details
    Cor Benedict

    Cor Benedict

    MOBILE HOME PARK, TRAILER PARK • 30.34 Acres
    Value Estimation by Request
    Cor Benedict, Lake Station, IN 46405
    View details
    2751 Dekalb St

    2751 Dekalb St

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,001 SF
    Value Estimation by Request
    2751 Dekalb St, Lake Station, IN 46405-1592
    View details
    3938 Schneider St

    3938 Schneider St

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,236 SF
    Value Estimation by Request
    3938 Schneider St, Lake Station, IN 46405-2471
    View details
    3930 Schneider St

    3930 Schneider St

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,236 SF
    Value Estimation by Request
    3930 Schneider St, Lake Station, IN 46405-2469
    View details
    1916 Warren St

    1916 Warren St

    APARTMENT HOUSE (UNDER 5 UNITS) • 2,784 SF
    Value Estimation by Request
    1916 Warren St, Lake Station, IN 46405-1216
    View details
    7116 10th Ave

    7116 10th Ave

    MOBILE HOME PARK, TRAILER PARK • 22.00 Acres
    Value Estimation by Request
    7116 10th Ave, Lake Station, IN 46405
    View details
    2955 Dekalb St

    2955 Dekalb St

    MOBILE HOME PARK, TRAILER PARK • 5.00 Acres
    Value Estimation by Request
    2955 Dekalb St, Lake Station, IN 46405-1941
    View details
    2898 Dekalb St

    2898 Dekalb St

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,386 SF
    Value Estimation by Request
    2898 Dekalb St, Lake Station, IN 46405-1523
    View details
    3609 Arizona St

    3609 Arizona St

    APARTMENT HOUSE (UNDER 5 UNITS) • 2,673 SF
    Value Estimation by Request
    3609 Arizona St, Lake Station, IN 46405-3121
    View details

    Lake Station, IN Residential Income Properties Investment Opportunities Market Analysis

    Explore 29 residential income properties for sale in Lake Station, IN, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 15,081 square feet of properties for sale, with an estimated market value of $1,849,900.

    Sale prices for residential income properties in Lake Station, IN start at $499,900, averaging $924,950, 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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    Popular Searches in Lake Station, IN

    Most Searched ZIP Codes in Lake Station, IN

    • 46407
    • 46410

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