Triplex

Lake Station, IN Triplexes for Sale

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Mixed-Use Property with Leased Spaces
Updated: Aug 18
Mixed-Use Property with Leased Spaces

2800 Dekalb Street, Lake Station, IN 46405

$550,000
1,005 sqft 0.16 AC lot
Four leased commercial spaces occupy the lower level
Three leased residential units are located above the commercial spaces
1,005 square feet on a 0.155‑acre parcel
Built in 1951
Central heating, gas range, and refrigerator
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Renovated Triplex with Three Units
Updated: Sep 16
Renovated Triplex with Three Units

3768 Jefferson Street, Gary, IN 46408

$345,000
0.12 AC lot
Three residential units across two parcels
Front home includes a 3‑bedroom main‑level unit and a finished 2‑bedroom lower‑level unit
Rear house offers 2 bedrooms, 1 full bath, and a large unfinished basement
Renovated interior and exterior finishes
Private side entry and multiple independent entrances
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Three-Unit Apartment Building
Three-Unit Apartment Building

1653 W 10th Place, Gary, IN 46404

$249,900
0.06 AC lot

One residence is occupied, while two upper-level units are vacant and ready for leasing.

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See hot listings in Lake Station

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Three-Unit Apartment Building
Three-Unit Apartment Building

1653 W 10th Pl, Gary, IN 46404

$249,900
1,449 sqft

Two upper residences are vacant and ready for leasing, while the ground-level unit is occupied.

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Three-Unit Multifamily Property
Three-Unit Multifamily Property

645 Maryland Street, Gary, IN 46402

$99,900
0.09 AC lot

Interior mechanical systems are installed, and the building is prepared for the next drywall phase.

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3-Unit Triplex
3-Unit Triplex

2569 Adams Street, Gary, IN 46407

$85,000
0.07 AC lot

Interior cleanout is underway, leaving completion work for the next owner.

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Triplex Property with Basement
Triplex Property with Basement

1531 Van Buren Street, Gary, IN 46407

Contact for pricing
0.07 AC lot

Residential property with potential for three rental units and public utilities in Gary.

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Three-Unit Residential Property
Three-Unit Residential Property

1531 Van Buren St, Gary, IN 46407

Contact for pricing
1,104 sqft

Residential income property with potential for three separate rental units in Gary.

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Triplex with Basement
Triplex with Basement

3685 Massachusetts Street, Gary, IN 46409

$84,999
0.11 AC lot

Three-unit residential property with a basement, public water, public sewer, and select newer windows.

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Renovated Triplex
Renovated Triplex

1220 W 41st Ave, Gary, IN 46408

$210,000

Three-unit property with recent renovations and two occupied units.

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Recently Renovated Triplex
Recently Renovated Triplex

564 Carolina St, Gary, IN 46402

$224,900

Recently renovated triplex with three updated units, two tenant-occupied and a large yard.

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Three-Unit Multifamily Building
Three-Unit Multifamily Building

645 Maryland St, Gary, IN 46402

$99,900

Three residential units offer a defined multifamily configuration with mechanical systems installed and interior work ready for drywall.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 12 Active listings in Lake Station, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Six-Unit Mixed-Use Building
Six-Unit Mixed-Use Building

31-6429 Kennedy Ave, Hammond, IN 46323

$550,000
7,952 sqft

Three commercial spaces and three apartments share a single property under Commercial C4 zoning.

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Hammond Multifamily Investment Opportunity
Hammond Multifamily Investment Opportunity

10-12 Waltham Street, Hammond, IN 46320

$129,900
6,011 sqft

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

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Brick Triplex with Attached Garage
Brick Triplex with Attached Garage

4034 Euclid Ave, East Chicago, IN 46312

$254,900
2,496 sqft

Three-unit income property near South Shore with varied unit sizes and an attached garage.

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Triplex with Detached Coach House
Triplex with Detached Coach House

5008 Alexander Avenue, East Chicago, IN 46312

$135,000
0.08 AC lot

Three residences include two three-bedroom apartments and a separate two-bedroom home.

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Lake Station, IN Triplexes Market Trends and Statistics

Explore 12 triplexes for sale in Lake Station, IN, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 3,558 square feet of properties for sale, with an estimated market value of $2,199,499.

Sale prices for three-family homes in Lake Station, IN start at $84,999, averaging $219,949, and reaching up to $550,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Triplexes 1

Demographics Overview

Population 12K
Population Growth (5Y) +0.5%
Median Household Income $57,005
College Educated 13.0%

High-Yield Neighborhoods for Investment

Identify Lake Station submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
46405 $550K

Taxes & Financing

Tax Rate (average for all types) 4.46%
Property Tax per SF $72.47 per SF
Tax Rate vs County Average 1.39 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

Total CRE Inventory on Market (SF)

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