Gary IN Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.11 Acres
Year built:
1900
Baths:
2.00
MLS#:
814294
Subdivision:
Miller

ADDITIONAL INFORMATION

TURNKEY DUPLEX! A real cash-cow at a 10 per-cent cap rate. Each unit has 2 bedrooms, an updated bathroom, newer carpet, newer light fixtures, updated electric, updated plumbing and its own washer, dryer and kitchen appliances. Each unit is responsible for its own heat and electric and each unit has its own basement/storage area. The garage is a clean 2 car and was recently constructed and is currently rented. The upstairs unit is available for viewing and is easy to show. The first-floor unit can be shown with accepted offers as it is currently rented. FHA and VA are welcome as the condition is clean. Located near the Southshore, downtown Miller and within an opportunity zone. Act quickly as duplexes are rare and duplexes in this condition are almost never available.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1922
Baths:
MLS#:
814108
Subdivision:
Chicago Tolleston Land & Inv Co

ADDITIONAL INFORMATION

Opportunity Awaits! This three-level, multi-unit property offers incredible potential for the right investor or buyer with a vision. Priced to sell, this property is perfect for someone looking to put in the work and reap the rewards. Featuring multiple units across three floors, it offers ample space and flexibility for renovation or reconfiguration.

Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1920
Baths:
3.00
MLS#:
814106
Subdivision:
Gary

ADDITIONAL INFORMATION

Attention Investors!! Opportunity Awaits! This three-level, multi-unit property offers incredible potential for the right investor or buyer with a vision. Priced to sell, this property is perfect for someone looking to put in the work and reap the rewards. Featuring multiple units across three floors, it offers ample space and flexibility for renovation or reconfiguration.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1916
Baths:
2.00
MLS#:
813933
Subdivision:
Gary Land Companys 01

ADDITIONAL INFORMATION

Gary - **2 UNIT REMODELED INCOME PRODUCING PROPERTY NOW AVAILABLE FOR SALE** Both units are now available! Income-generating assets are what the wealthy focus on acquiring. FHA and VA will allow you to Live in 1 side and rent out the other to cover your living expenses so you can save your Earned Income to invest in another Income-generating asset. OR maybe this is your 2nd, 3rd, 10th property and your looking to add more 'Doors' to your portfolio, THESE ARE 2 DOORS YOU WANT!! 2 updated similar units each with 2 bdrms, 1 full bath, Kitchen, Living Rm, Basement. Shared Garage and Fenced Yard.

Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Year built:
1920
Baths:
3.00
MLS#:
813911
Subdivision:
Nonen

ADDITIONAL INFORMATION

MOTIVATED SELLER **** CASH FLOWING RENTAL, EVEN WITH ONE UNIT CURRENTLY NOT RENTED!Attention investors! Excellent rental with numerous recent updates...2 of 3 units currently rented. Third unit is ready to go. Live in one unit and rent the other 2!Current tenants have been in place for over 2 years. Please see below for current rents.Two 3 bedroom apartments on main and upper levels. One 2 bedroom apartment on basement level. Owner pays only water...separate electric/gas meters for each unit. Add this rental property to your investment portfolio today!

Type:
Apartment
Sq.Ft.:
n/a
Status:
Active
Beds:
28
Year built:
1927
Baths:
22.00
MLS#:
813932
Subdivision:
Gary Land Companys 10

ADDITIONAL INFORMATION

ATTENTION INVESTORS! ATTENTION INVESTORS!! COME TAKE A LOOK AT THIS MONEY MAKING MACHINE!!! The numbers don't lie. This 87% filled multi-unit (17 out of 19 units across two buildings) boast a great CAP rate at roughly 12%. This is a great addition to any mature portfolio. Also, be sure to ask your lender about your possible DSCR options! Call to schedule your walkthrough today!!!!!!!

Type:
Apartment
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Year built:
1913
Baths:
6.00
MLS#:
813134
Subdivision:
Gary Land Companys 01

ADDITIONAL INFORMATION

ATTENTION ATTENTION!!! When I tell you that it's too much to mention, believe us when we say, that this beautiful brick building is loaded with so much useful space. This 3 unit has over 1300 square feet on each level! Each floor has 2 generous sized bedrooms, 2 full baths, walk in closets, LR, DR, kitchen and private back porches. Your search for a multi-unit can be over, with low property taxes! Put this on your schedule and come get this income generating opportunity or move your family in and live here.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Year built:
1925
Baths:
MLS#:
812604
Subdivision:
Gary Land Companys 11

ADDITIONAL INFORMATION

INVESTMENT OPPORTUNITY! This duplex needs to be brought back to life. Currently no utilities or meters, but has the bones to make a great investment property. Three bedrooms in the upper unit, two in the lower unit. Call your agent for more information!

Type:
Apartment
Sq.Ft.:
n/a
Status:
Active
Beds:
9
Lot size:
0.07 Acres
Year built:
1920
Baths:
5.00
MLS#:
812437
Subdivision:
Broadway Add

ADDITIONAL INFORMATION

Looking for an investment property, look no further. This building features 2 one-bedroom units, 2 two-bedroom units, and 1 three-bedroom unit. The units are spacious with high ceilings, and each includes a sitting and dining area. The one-bedroom units also boast a small bonus room. All units are equipped with high-efficiency furnaces, and the building's roof is newer. Additional income potential exists with the coin-operated laundry facilities.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1920
Baths:
2.00
MLS#:
12174043

ADDITIONAL INFORMATION

Charming all-brick triplex with two fully renovated units ready for occupancy. Each unit boasts modern finishes, brand-new kitchens with updated cabinetry, stainless steel appliances, and gleaming countertops. All mechanical systems have been fully replaced, including plumbing, electrical, HVAC, and Central Air ensuring efficiency and peace of mind for years to come. The property combines classic architecture with contemporary upgrades, offering a perfect balance of charm and functionality. Conveniently located near local amenities and transportation, this property is ideal for investors or owner-occupiers seeking additional rental income. Don't miss out on this turnkey opportunity!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1945
Baths:
2.00
MLS#:
809161
Subdivision:
Woodlawn 2nd Sub

ADDITIONAL INFORMATION

Attention Investors.....Fully rented duplex available. This all brick duplex has been recently updated and is currently fully occupied and professionally managed.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1929
Baths:
MLS#:
809232
Subdivision:
Earles 3rd Glen Park Add

ADDITIONAL INFORMATION

INVESTMENT OPPORTUNITY! 2-unit building, brick with a 2 car garage. Estimated ARV: $160,000. Estimated Repairs: $88,000-100,000. Brick is still solid and a great investment opportunity.

Type:
Apartment
Sq.Ft.:
n/a
Status:
Active
Beds:
2
Year built:
1942
Baths:
1.00
MLS#:
809053
Subdivision:
Spielman's Addition

ADDITIONAL INFORMATION

Beautiful home available. This home is just awaiting your design touch. Close to local amenities and public transportation. Don't miss out on the opportunity- Schedule your showing today! Currently occupied with tenant lease ending Dec '24

Type:
Apartment
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Year built:
1925
Baths:
6.00
MLS#:
808077

ADDITIONAL INFORMATION

6 Unit located in downtown Gary. This all brick 6 unit has all 1 bedroom units. Needs work but is priced to sell. Low taxes.

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Lot size:
0.07 Acres
Year built:
1928
Baths:
5.00
MLS#:
807888
Subdivision:
Add To Gary Land Cos 11th Sub

ADDITIONAL INFORMATION

Come by and check out this 5 unit apartement. It's needing some love to bring it back to life, but it's generously priced at just $25,000 per unit. Each unit is a 1 bedroom, 1 bathroom. They each have a spacious living room, and kitchen. The 6th unit is currently set up as an office. It's all brick, with exterior entry from the wooden stairs/deck on the East side. It has a common area on the interiorwith stairs leading from top to bottom. The front units have an exterior porch. This is your chance to own an apartment building. Bring this beauty back to life.This property can be purchased by itself, or bundled together with any or all of the following properties. 808 W 11th669 Vermont673 Vermont 1159 Vermont 2-unit2011-2021 Kentucky duplex1044 Noble1054 Noble

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Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176

Listings courtesy of Northwest Indiana Realtor Association as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. NIRA MLS MAKES NO WARRANTY OF ANY KIND WITH REGARD TO LISTINGS PROVIDED THROUGH THE IDX PROGRAM INCLUDING, BUT NOT LIMITED TO, ANY IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. NIRA MLS SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THESE LISTINGS. Listings provided through the NIRA MLS IDX program are subject to the Federal Fair Housing Act and which Act makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. NIRA MLS does not knowingly accept any listings that are in violation of the law. All persons are hereby informed that all dwellings included in the NIRA MLS IDX program are available on an equal opportunity basis. Copyright 2025 NIRA MLS - All rights reserved. 800 E 86th Avenue, Merrillville, IN 46410 USA. ALL RIGHTS RESERVED WORLDWIDE. No part of any listing provided through the NIRA MLS IDX program may be reproduced, adapted, translated, stored in a retrieval system, or transmitted in any form or by any means.

Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Gary Real Estate

The median home value in Gary, IN is $99,950. This is lower than the county median home value of $207,000. The national median home value is $338,100. The average price of homes sold in Gary, IN is $99,950. Approximately 35.18% of Gary homes are owned, compared to 36.48% rented, while 28.34% are vacant. Gary real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Gary real estate agent to arrange a tour today!

Gary, Indiana has a population of 69,739. Gary is less family-centric than the surrounding county with 10.37% of the households containing married families with children. The county average for households married with children is 27.11%.

The median household income in Gary, Indiana is $34,085. The median household income for the surrounding county is $62,052 compared to the national median of $69,021. The median age of people living in Gary is 37.1 years.

Gary Weather

The average high temperature in July is 83 degrees, with an average low temperature in January of 17.8 degrees. The average rainfall is approximately 38.4 inches per year, with 35.8 inches of snow per year.

Gary Real Estate Market Conditions

  • Median sales price

    $99,950
    13.9% change since last quarter
  • # Active listings

    330
    30-day change

Gary Schools and Demographics

Education near Gary, IN

Metric City County
High School Graduates 86.09 89.8
College Degree - 2 year 8.54 8.53
College Degree - 4 year 14.42 23.69
Graduate Degree 4.11 6.22
Expenditures per Student 13,054 13,054
Students per Teacher 17 17

Elementary Schools near Gary, IN

School Grades Students P/T Ratio ZIP
Alexander Hamilton Elementary School 01 - 06 247 15.4 46405
Aspire Charter Academy KG - 08 704 20.1 46406
Bailly Preparatory Academy KG - 06 371 15.5 46409
Benjamin Banneker Achievement Center KG - 08 518 19.9 46403
Beveridge Elementary School KG - 06 675 22.5 46404
Brunswick Elementary School KG - 06 612 20.3 46404
Carl J Polk Elementary School 01 - 06 196 14 46405
Daniel HALE Williams Elementary School KG - 06 512 19.7 46407
Daniel Webster Elementary School KG - 06 294 16.2 46408
Dr Bernard C Watson Academy for Boys KG - 06 137 10.5 46407
Edgar L Miller Elementary School KG - 04 355 16.1 46410
Frankie W McCullough Academy for Girls KG - 07 429 18.6 46407
Glen Park Acad. for Excel in LRN KG - 06 790 32.9 46408
Henry P Fieler Elementary School KG - 04 450 18.8 46410
Henry S Evans Elementary School KG - 06 351 29.3 46405
Homer Iddings Elementary School KG - 04 540 16.1 46410
Hosford Park Elementary School KG - 05 345 23 46408
Jacques Marquette Elementary School KG - 06 576 18.6 46403
Jefferson Elementary School KG - 06 482 28.4 46402
John Wood Elementary School PK - 04 299 18.1 46410
Jonas E Salk Elementary School KG - 04 660 18.8 46410
Longfellow Elementary School KG - 05 540 22.5 46408
Mary M Bethune Early Child Dev Center PK - PK 518 34.5 46407
Virgil I Bailey Elementary School KG - 06 384 18.3 46405

Middle Schools near Gary, IN

School Grades Students P/T Ratio ZIP
Dunbar-Pulaski Academic & Career 07 - 08 674 74.9 46407
Lake Ridge Middle School 06 - 08 418 20.9 46408
Merrillville Intermediate School 05 - 06 1,006 21.9 46410
Pierce Middle School 07 - 08 1,070 18.8 46410

High Schools near Gary, IN

School Grades Students P/T Ratio ZIP
Calumet High School 09 - 12 663 16.6 46408
Gary Middle College 09 - 12 198 46.9 46402
Merrillville High School 09 - 12 2,228 18.8 46410
New Tech Innovative Institute 09 - 12 404 33.7 46409
Theodore Roosevelt Car & Tech Academy 07 - 12 571 21.1 46407
Thomas A Edison Junior/Senior High School 07 - 12 622 15.9 46405
West Side Leadership Academy 09 - 12 885 34 46406

Ungraded Schools near Gary, IN

School Grades Students P/T Ratio ZIP
21st Century Charter School of Gary KG - 12 709 632 46402
Charter School of the Dunes KG - 12 624 26 46403
Gary Career Center PK - 12 0 46409
Gary Lighthouse Charter School KG - 12 1,460 19.4 46408
Thea Bowman Leadership Academy KG - 12 1,317 17.8 46402
Wm A WIRT/Emerson VPA 05 - 12 595 21.3 46403

Demographics near Gary, IN

Metric City County
Neighborhood Type Suburban
Population 69,739 495,925
Population Density 1,403 994
Median Age 37.1 39.2
People per Household 2.5 2.6
Median Household Income 34,085 62,052
Average Income per Capita 19,520 31,666