REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 399,900
Est. payment | /mo
4 Beds
4 Baths
$ 399,900
Est. payment | /mo
4 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12701659
Bedrooms 4
Year Built 1966
Annual Tax Amount $7,325
Tax Year 2024
Lot Dimensions 50 x 185
Property Sub-Type Two to Four Units
Property Description
Excellent investment opportunity in Merrillville! 4-unit multifamily property features four approximately 680 sq. ft., 1 bed / 1bath units, with individual mechanicals including central air (tenants pay electric, gas) and in-unit laundry hookups. Current rents below market: two units at 880/month, one vacant unit previously rented for 925/month (new tenant lined up), and one long-term tenant paying 700/month. Newer items include gutter system, replacement of sewer pipe and installation of cleanout in front yard, HVAC in Unit 3. Great upside and location.
Location
State IN
County Lake
Area Indiana - Merrillville
Rooms
Basement None
Interior
Heating Natural Gas
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Antje Gehrken of A.R.E. Partners Inc.
Nearby Locations
GET MORE INFORMATION
Volodymyr Poshpur
Broker | License ID: 475.207267