16

Gary, IN Multifamily Homes & Duplexes for Sale

Section Image Section Image
  • /51

    $289,900

    • 5 Beds
    • 2 Baths
    • 1,728 Sq Ft

    1379 Roosevelt Place, Gary, IN 46404

    Fully Renovated Turnkey Duplex - Perfect for an Investment Property! This beautifully updated duplex is move-in ready and ideal for investors or owner-occupants. Estimated Rent 1500-1600 per month for upper unit, 1200-1300 per month for lower unit, The 2 car Garage can earn another 200 per month in Rent. Estimated Cap Rate 10-12 Perc. The upper unit features three bedrooms, a full bathroom, a

    Agent Photo

    Jeff McCormick

    McCormick Real Estate, Inc.

    (219) 758-8169

    1379 Roosevelt Place, Gary, IN 46404
  • /10

    $59,000

    • 6 Beds
    • 2 Baths
    • 1,203 Sq Ft

    1072 Van Buren St, Gary, IN 46402

    Investor Special - Multi-Unit Opportunity! Unlock the potential in this two-unit building featuring two spacious 3-bedroom units. This property is a blank canvas in need of a full rehab, offering endless possibilities for value-add investors or savvy house hackers. With strong rental demand in the area and generous unit sizes, this building could easily become a high-performing asset in your

    Agent Photo

    Justin Hanuscin

    Listing Leaders

    (219) 587-7279

    1072 Van Buren St, Gary, IN 46402
  • /11

    $37,500

    • 4 Beds
    • 2 Baths
    • 713 Sq Ft

    3618 Georgia St, Gary, IN 46409

    ZONED R4 - 2 FAMILY! Ready to rehab with loads of opportunity. Design as a single family or 2 unit. Previously set up as 4 bedroom 2 bath. Easy access to I65 & IUN. Schedule your showing today.

    Nancy Del Prado Avid Real Estate LLC

    3618 Georgia St, Gary, IN 46409
  • /25

    $259,900

    • 8 Beds
    • 4 Baths
    • 2,700 Sq Ft

    3780 Jackson St, Gary, IN 46408

    Fresh from a full above-grade gut renovation, this reimagined duplex is a great addition to a rental portfolio. This could also be perfect for living on one side and leasing the other. Both units offer 1350 finished ft. spread across two floors. Four bedrooms & two baths with separate utilities--easy to manage. Everything is new: roof, windows, plumbing, electrical, HVAC, kitchens, baths, and all

    Kristin Trzoski Advanced Real Estate, LLC

    3780 Jackson St, Gary, IN 46408
  • /19

    $70,000

    • 8 Beds
    • 5 Baths
    • 3,154 Sq Ft

    2521 Connecticut St, Gary, IN 46407

    GET 2 BUILDINGS FOR THE PRICE OF ONE! 3600+ sq ft front structure set up as 6 bedrooms, 3 baths, 3 kitchens. Rear building is a 1400+ sq ft structure set up as 2 units - a 2 bedroom 1 bath and a 1 bedroom 1 bath unit. Easy access to expressway and IUN. Schedule your showing today.

    Nancy Del Prado Avid Real Estate LLC

    2521 Connecticut St, Gary, IN 46407
  • /27

    $175,000

    • 1,442 Sq Ft

    4305 Colfax St, Gary, IN 46408

    Great established investment property. Two 1 bed/ 1 bath homes on a single parcel. Great, extra deep wooded lot with plenty of room for both tenants. More photos to come! Being sold as-is.

    Bill Loy McColly Real Estate

    4305 Colfax St, Gary, IN 46408
  • /9

    $60,000

    • 14 Beds
    • 8 Baths
    • 6,273 Sq Ft

    400 E 20th Ave, Gary, IN 46407

    BRING YOUR BEST OFFER!! Investor Special - 8-Unit Building with Huge Potential!Attention investors and rehabbers! This 8-unit property offers a rare opportunity to add tremendous value through a full gut rehab. Featuring a main building with a storefront plus multiple residential units, as well as two additional houses in the back, this property has flexible layouts and endless potential.Main

    Chanelle McGee @properties/Christie's Intl RE

    400 E 20th Ave, Gary, IN 46407
  • /10

    $250,000

    • 6 Beds
    • 4 Baths
    • 3,075 Sq Ft

    1380 Jackson St, Gary, IN 46407

    Gary 3-Unit with Day-One Cash Flow - No Guesswork, Just Returns. This three-unit building includes (2) tenant-occupied 2 bed, 1 bath units and (1) vacant unit ready to lease. The vacant unit offers an opportunity to set market rent or make light improvements for even greater returns. Schedule you showing today. Seller directs no unrepresented buyers

    Larita Thomas @properties/Christie's Intl RE

    1380 Jackson St, Gary, IN 46407
  • /15

    $114,900

    • 2 Baths
    • 1,980 Sq Ft

    1126 Rutledge St, Gary, IN 46404

    Charming 2-unit property with endless possibilities! One unit is already occupied for instant income, while the other is ready for you to make it your home--or, with a touch of TLC, turn it into your next great investment. Property sold As-Is- priced for condition

    Sara Villicana Listing Leaders

    1126 Rutledge St, Gary, IN 46404
  • /25

    $75,000

    • 6 Beds
    • 3 Baths
    • 2,950 Sq Ft

    1700 Hayes St, Gary, IN 46404

    INVESTMENT OPPORTUNITY! This multi unit building is waiting to be restored to its former glory. It appears to have been set up as a 4 unit previously per the 4 gas meters. It has a full basement and oversized 3 car attached garage located on a corner lot near Grant St with easy access to expressway. If done well, you could get 4,000+ in rents per month.

    Nancy Del Prado Avid Real Estate LLC

    1700 Hayes St, Gary, IN 46404
  • /20

    $210,000

    • 6 Beds
    • 2 Baths
    • 2,216 Sq Ft

    1052 Tyler St, Gary, IN 46402

    Newly Renovated All-Brick 2-Unit Property! Each unit features 3 bedrooms and 1 bathroom with modern updates throughout. This solid brick building offers durability and charm, along with a spacious 2-car garage. Perfect for house hacking or adding a strong cash-flowing asset to your portfolio. Conveniently located near major highways and amenities.

    Angelo Pedroza Estate Squared Away

    1052 Tyler St, Gary, IN 46402
  • /4

    $200,000

    • 6 Beds
    • 3 Baths
    • 2,492 Sq Ft

    420 Adams St, Gary, IN 46402

    Prime Downtown Gary Development OpportunityMore than just a parcel--this is a chance to be part of the bold next chapter in the City of Gary Indiana's comeback story that's already being written.This 10,000+ square foot lot, improved with an older brownstone triplex, is ideally located within walking distance of the planned revitalization of the South Shore Line Train Station--an anchor in the

    Dennis Nichols Weichert, Realtors-Moke Agency

    420 Adams St, Gary, IN 46402
  • /11

    $175,000

    • 4 Beds
    • 4 Baths
    • 1,612 Sq Ft

    351-353 Fillmore St, Gary, IN 46402

    Gary - **2 UNIT REMODELED INCOME PRODUCING PROPERTY NOW AVAILABLE FOR SALE** Both units are now available to buy! Income-generating assets are what the wealthy focus on acquiring. 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,

    Lutrell Kirk Kirk & Company Your Home Sold

    351-353 Fillmore St, Gary, IN 46402
  • /2

    $70,000

    • 6 Beds
    • 2 Baths
    • 2,668 Sq Ft

    860 Virginia St, Gary, IN 46402

    Investor opportunity! While this property requires some tender loving care (TLC), it presents an exciting opportunity to unleash its full potential. With a vision and some updates, transform this property into a lucrative investment. Schedule your showing today!

    Candice Wright Wright Choice Realty

    860 Virginia St, Gary, IN 46402
  • /2

    $45,000

    • 5 Beds
    • 2 Baths
    • 996 Sq Ft

    1330 Van Buren St, Gary, IN 46407

    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!

    Stephani Nydam Realty Executives Premier

    1330 Van Buren St, Gary, IN 46407
  • /2

    $22,000

    • 6 Beds
    • 3 Baths
    • 3,225 Sq Ft

    526 Connecticut St, Gary, IN 46402

    INVESTORS!!!! This property is a multiunit rehab that can be an income property once completed. Close to the Gary SouthShore RailCats, Indiana Toll Road (I-90) and public transportation.

    Ria Harris Suite 527 Realty Group, LLC

    526 Connecticut St, Gary, IN 46402

Why Live in Gary

The Indiana Dunes National Park and Lake Michigan shoreline create a stunning natural backdrop for life in Gary, with miles of beaches and hiking trails just steps away. Marquette Park stands out as a summer destination with its historic pavilion and beach access, while the Miller Beach Arts & Creative District brings cultural energy through art galleries and boutique shops. The Gary RailCats minor league baseball team plays at U.S. Steel Yard, providing affordable family entertainment, and the Hard Rock Casino Northern Indiana adds gaming and dining options including Council Oak Steaks and Seafood.

The real estate landscape in Gary presents diverse opportunities across eight distinct neighborhoods. The Miller area commands the highest median single family home price at $293,000, while Downtown Gary's median single family price sits at $82,500. Ambridge-Mann and Tolleston show strong middle market appeal with median single family prices of $135,300 and $129,500 respectively. Glen Park, home to the APlus rated Andrean High School, has a median single family price of $110,400.

Property taxes in Gary maintain competitiveness with a Lake County effective rate of 0.93%, matching neighboring Hammond and East Chicago, but higher than Portage's 0.83%. The combined state and local income tax rate totals 4.50%.

Transportation options include the South Shore Line commuter rail to Chicago, the Gary/Chicago International Airport, and major highways I-80/94 and I-65. Indiana University Northwest adds educational opportunities and community programming. The climate features warm summers reaching the 80s Fahrenheit and winter temperatures typically in the 20s Fahrenheit, with significant seasonal snowfall.

Home Trends in Gary, IN

Housing Trends

Median Sale Price
$105,000
Median Single Family Sale Price
$118,000
Median Townhouse Sale Price
$68,250
Median 2 Bedroom Sale Price
$97,450
Average Price Per Sq Ft
$84
Number of Homes for Sale
262
Last 12 months Home Sales
831
Months of Supply
3.80
Median List Price
$129,000
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
11%
How to Buy a Home How to Finance a Home How to Sell a Home