For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Residential Income
1
  • Retail
  • Office
  • Residential Income
  • Restaurants
  • Industrial
  • Mixed-Use
  • Hospitality
  • Health Care
  • Sports & Entertainment
  • Land
  • Agricultural
  • Specialty
Price
Price range
$
$
Size
Property size / sq.ft.

Merrillville, IN Residential Income Properties for Sale

List
Map
8 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
Spacious Remodeled Duplex in Merrillville
$599,000
0.41 Acres

Spacious Remodeled Duplex in Merrillville

7932-7934 Whitcomb Street, Merrillville, IN 46410

Remodeled duplex with multi-generational living or investment potential.

  • Nearly 6,000 sq ft duplex, ideal for multi‑generational living or investment.
  • Fully remodeled in 2021.
  • 7932 Whitcomb: 4 bedrooms, 3 bathrooms, two suites (one on main level), 3‑car garage, bonus room.
  • 7934 Whitcomb: 3 bedrooms, 3 bathrooms, bonus room, 2‑car garage with workshop.
  • Both units feature updated windows, ample kitchen storage, and stainless steel appliances.
Updated: Apr 12
View details
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
View details
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
View details
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
View details
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
View details
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
View details
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 219 Potential Opportunities for your consideration. Besides 8 Active listings in Merrillville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 203 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

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

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
View details
Hobart Duplex For Sale
$199,999
0.36 Acres

Hobart Duplex For Sale

Two-unit home near Lake George, ideal for investors.

1231 W 3rd Street, Hobart, IN 46342
View details
Investor-Ready Duplex with Extra Lot
$319,900

Investor-Ready Duplex with Extra Lot

Updated duplex with immediate income and adjacent lot included.

132-136 S Elgin Street, Griffith, IN 46319
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

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

Explore Off-Market Properties in Merrillville, IN

Consider similar Off-Market properties in Merrillville, 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.

1510 86th Ln

1510 86th Ln

APARTMENT HOUSE (UNDER 5 UNITS) • 4,860 SF
Value Estimation by Request
1510 86th Ln, Merrillville, IN 46410-6458
View details
702 72nd Ave

702 72nd Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 6,882 SF
Value Estimation by Request
702 72nd Ave, Merrillville, IN 46410-3624
View details
5925 Jefferson St, Unit 31

5925 Jefferson St, Unit 31

APARTMENT HOUSE (UNDER 5 UNITS) • 2,673 SF
Value Estimation by Request
5925 Jefferson St, Merrillville, IN 46410-2525
View details
6833 Pierce Dr

6833 Pierce Dr

APARTMENT HOUSE (UNDER 5 UNITS) • 4,308 SF
Value Estimation by Request
6833 Pierce Dr, Merrillville, IN 46410-3364
View details
7025 Fillmore Dr

7025 Fillmore Dr

APARTMENT HOUSE (UNDER 5 UNITS) • 4,308 SF
Value Estimation by Request
7025 Fillmore Dr, Merrillville, IN 46410-3361
View details
6946 Fillmore Dr

6946 Fillmore Dr

APARTMENT HOUSE (UNDER 5 UNITS) • 4,308 SF
Value Estimation by Request
6946 Fillmore Dr, Merrillville, IN 46410-3360
View details
6827 Pierce Dr

6827 Pierce Dr

APARTMENT HOUSE (UNDER 5 UNITS) • 4,308 SF
Value Estimation by Request
6827 Pierce Dr, Merrillville, IN 46410-3364
View details
7011 Fillmore Dr

7011 Fillmore Dr

APARTMENT HOUSE (UNDER 5 UNITS) • 4,308 SF
Value Estimation by Request
7011 Fillmore Dr, Merrillville, IN 46410-3361
View details
6821 Pierce Dr

6821 Pierce Dr

APARTMENT HOUSE (UNDER 5 UNITS) • 4,308 SF
Value Estimation by Request
6821 Pierce Dr, Merrillville, IN 46410-3364
View details
7022 Fillmore Dr

7022 Fillmore Dr

APARTMENT HOUSE (UNDER 5 UNITS) • 4,308 SF
Value Estimation by Request
7022 Fillmore Dr, Merrillville, IN 46410-3362
View details
5611 Broadway, Unit 13

5611 Broadway, Unit 13

APARTMENT HOUSE (UNDER 5 UNITS) • 2,775 SF
Value Estimation by Request
5611 Broadway, Merrillville, IN 46410-2634
View details
6837 Pierce Dr

6837 Pierce Dr

APARTMENT HOUSE (UNDER 5 UNITS) • 4,308 SF
Value Estimation by Request
6837 Pierce Dr, Merrillville, IN 46410-3364
View details
7302 Noble St

7302 Noble St

APARTMENT HOUSE (UNDER 5 UNITS) • 4,366 SF
Value Estimation by Request
7302 Noble St, Merrillville, IN 46410-7862
View details
7012 Carolina Pl

7012 Carolina Pl

APARTMENT HOUSE (UNDER 5 UNITS) • 4,116 SF
Value Estimation by Request
7012 Carolina Pl, Merrillville, IN 46410-3974
View details
766 73rd Ave

766 73rd Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 3,960 SF
Value Estimation by Request
766 73rd Ave, Merrillville, IN 46410-4785
View details
6829 Pierce Dr

6829 Pierce Dr

APARTMENT HOUSE (UNDER 5 UNITS) • 4,308 SF
Value Estimation by Request
6829 Pierce Dr, Merrillville, IN 46410-3364
View details

Merrillville, IN Residential Income Properties Investment Opportunities Market Analysis

Explore 211 residential income properties for sale in Merrillville, IN, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 7,023,176 square feet of properties for sale, with an estimated market value of $34,510,000.

Sale prices for residential income properties in Merrillville, IN start at $60,000, averaging $287,583, and reaching up to $1,215,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List
Map