Section Image Section Image

Explore Similar Apartments Within 10 Miles of Central Merrillville, IN

  • /20

    $199,000

    • 3 Beds
    • 2 Baths
    • 1,266 Sq Ft

    6639 Alexander Ave, Hammond, IN 46323

    Great investment opportunity! This income-producing 2-unit property features a front unit with 2 bedrooms and 1 bathroom, and a rear unit with 1 bedroom and 1 bathroom. The rear unit is currently rented at 795/month, while the front unit is vacant and has rental potential of 1,400/month. Don't miss your chance to start or expand your rental portfolio with this promising property!

    Agent Photo

    Jeff McCormick

    McCormick Real Estate, Inc.

    (219) 533-8207

    6639 Alexander Ave, Hammond, IN 46323
  • /16

    $315,000

    • 7 Beds
    • 5 Baths

    18233 Burnham Ave, Lansing, IL 60438

    Unique Multi-Unit Investment Opportunity! This well-maintained building features three spacious apartments, offering incredible versatility for investors or owner-occupants. The two main units each include 6 rooms, featuring 3 bedrooms and 1.5 baths, ideal for comfortable family living. The basement unit includes 1 bedroom, a full kitchen, living room, and two oversized bonus

    Agent Photo

    Oscar Arteaga

    Keller Williams Infinity

    (708) 773-6479

    18233 Burnham Ave, Lansing, IL 60438
  • /20

    $129,000

    • 4 Beds
    • 2 Baths
    • 1,360 Sq Ft

    5010 Magoun Ave, East Chicago, IN 46312

    Unlock the potential of this vacant two-unit property, perfectly positioned in a sought-after neighborhood with strong rental demand. Whether you're an experienced investor or a savvy buyer ready to create equity, this is your blank canvas! Each unit offers generous space and endless possibilities, ideal for a full renovation to maximize rental income. The property features a private, fenced in

    Sejla Harbas eXp Realty, LLC

    5010 Magoun Ave, East Chicago, IN 46312
  • /50

    $275,000

    • 4 Beds
    • 3 Baths

    348 Pulaski Rd, Calumet City, IL 60409

    Fully Rented, Turn-Key 3-Unit on Oversized Lot with Digital Laundry An exceptional investment opportunity awaits with this fully occupied, recently remodeled 3-unit property situated on an oversized lot. Featuring two spacious 1-bedroom/1-bath units and one well-appointed 2-bedroom/1-bath unit, this turn-key asset is built for steady, low-maintenance cash flow. Each unit includes an eat-in

    Dalila Arellano A List Homes Realty

    348 Pulaski Rd, Calumet City, IL 60409
  • /7

    $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
  • /26

    $189,900

    • 5 Beds
    • 2 Baths
    • 1,712 Sq Ft

    4618 Towle Ave, Hammond, IN 46327

    Looking for a multi-family rental property in a great area? Look no further! This property could be a money-maker! There is a 3-bedroom single-family front house and a 2-bedroom coach house in the rear. This is a great property for an investor looking to earn some rental income, or an owner occupant who wants to live in one of the homes and utilize the other to pay their mortgage. Don't miss

    Dan Robinson Crosstown Real Estate, Inc.

    4618 Towle Ave, Hammond, IN 46327
  • /8

    $295,000

    • 3 Beds
    • 3 Baths
    • 2,328 Sq Ft

    138 N Grant St, Crown Point, IN 46307

    Fantastic investment opportunity on this fully rented 2 unit just blocks from the Crown Point square. The large main floor unit is a 2 bedroom with large living spaces in addition to the unfinished basement that provides potential for more living space and higher rents. Upstairs is a large 1 bedroom. Huge backyard with space to build a garage for additional income, if desired. Separate NIPSCO

    Jason Utesch Realty Executives Premier

    138 N Grant St, Crown Point, IN 46307
  • /16

    $315,000 Open Thu 4PM - 5PM

    • 6 Beds
    • 4 Baths

    2427 Thornton Lansing Rd, Lansing, IL 60438

    This charming 4-unit building, just off Lansing's bustling Torrence Avenue, offers a desirable mix of 1- bedroom and 2-bedroom units in a high-demand rental market served by quality Lansing schools. With low maintenance requirements, strong upside for rent increases, and exciting value-add potential, this property is ideal for a live-in owner seeking both comfort and cash flow. Just minutes from

    Andrew Page Ellsbury Group LLC

    2427 Thornton Lansing Rd, Lansing, IL 60438
  • /9

    $249,000

    • 4 Beds
    • 2 Baths

    808 Mackinaw Ave, Calumet City, IL 60409

    THIS IS A GREAT INVESTMENTS PROPERTY, THIS IS A TWO UNIT PROPERTY, FRONT AND REAR UNIT EACH WITH THEIR OWN ENTRANCES. EACH UNIT HAS TWO BEDROOMS, WITH A LIVINGROOM, KITCHEN AND LAUNDRYROOM. BOTH UNITS WILL COME WITH IT'S OWN WASHER AND DRYER! BOTH UNITS ARE OCCUPIED. SCHEDULE YOUR PERSONAL SHOWING TODAY! (THE PHOTOS ARE ONLY OF THE REAR UNIT WHEN IT WAS VACANT. BOTH UNITS ARE CURRENTLY

    D Villegas Hearth Investments

    808 Mackinaw Ave, Calumet City, IL 60409
  • /13

    $299,999

    • 5 Beds
    • 2 Baths
    • 1,500 Sq Ft

    1379 Roosevelt Place, Gary, IN 46404

    Welcome to 1379 Roosevelt Place, Gary, in, 46404. Recently updated 2-unit near corner lot offering 3 beds and 1 bath in the first unit and 2 beds and 1 bath in the second unit. Both units have a fully updated kitchen for your family dinners. In unit laundry in both units for your convenience. Everything is new (roof, electrical, windows, concrete, plumbing, and HVAC. For your convenience, there

    Luz Gomez Realty of America LLC

    1379 Roosevelt Place, Gary, IN 46404
  • /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
  • /34

    $805,000

    144 157th St, Calumet City, IL 60409

    Investment opportunity: 12-Unit multifamily building An exceptional investment opportunity, well-maintained property, situated in a high-demanded area of Illinois / Indiana border. This solid brick building features a newer furnace, new hot water tanks, units freely painted, 6 one bed room units, 6 studio units, & the potential for a unit below level. This opportunity offers stable rental

    Miguel Perea Open Path Realty

    144 157th St, Calumet City, IL 60409
  • /14

    $200,000

    • 4 Beds
    • 2 Baths

    107 157th St, Calumet City, IL 60409

    This charming 2-unit duplex in Calumet City is a fantastic investment opportunity or ideal for an owner-occupant. Each unit offers 2 spacious bedrooms and 1 bathroom, with tenants responsible for all utilities, making this a low-maintenance property for landlords. Conveniently located near major highways, it provides easy access to Indiana and is just minutes from local shopping, dining, and

    Denzel Blocker eXp Realty

    107 157th St, Calumet City, IL 60409
  • /26

    $149,900

    • 4 Beds
    • 2 Baths
    • 1,143 Sq Ft

    3044 W Ridge Rd Unit Rear, Gary, IN 46408

    Multi Unit Duplex available in Calumet Twp. Recently remodeled 2 bedroom duplex building is available, ready to rent and to add to your rental portfolio or to live in one side and rent out the other side. Parking area for the tenants

    Rebecca Olson Listing Leaders Affiliated

    3044 W Ridge Rd Unit Rear, Gary, IN 46408
  • /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
  • /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
  • /9

    $269,000

    300 Waltham St, Calumet City, IL 60409

    Excellent investment opportunity in quiet neighborhood! 5 units, all with living room, kitchen and bedroom - older building with high ceilings in rooms. Brick exterior on a corner lot - very classic Chicago style.

    Erica Guelinas Century 21 Circle

    300 Waltham St, Calumet City, IL 60409
  • /7

    $299,000

    • 5,800 Sq Ft

    3898 Broadway, Gary, IN 46408

    Mixed-Use Investment Property - Prime Opportunity!Discover this exceptional mixed-use building offering 3 residential units and 2 street-level storefronts on Broadway. A perfect blend of residential and commercial space, this property is ideal for investors or owner-occupants seeking income-generating potential.- 2 of the 3 residential units are currently rented, providing immediate cash flow.-

    Johnette Gore Premier Midwest Realty, INC

    3898 Broadway, Gary, IN 46408
  • /2

    $119,000

    • 4 Beds
    • 2 Baths

    404 155th St, Calumet City, IL 60409

    This multi-family home offers 4 bedrooms and 2 full bathrooms all on one level. Well-maintained with a functional layout and spacious rooms. Includes a large yard and off-street parking. Convenient location near schools, parks, and expressways. Property is being sold as-is. No survey will be provided. Tenants are MTM

    Landon Kelly Real Broker, LLC

    404 155th St, Calumet City, IL 60409
  • /19

    $340,000

    • 5 Beds
    • 4 Baths

    2460 Indiana Ave, Lansing, IL 60438

    Charming Historic 4-Unit Property in the Heart of Lansing! This investment opportunity offers instant cash flow. Recent upgrades ensure peace of mind and increased property value, making this a standout choice for investors. Recent Improvements: 2022 New roof, furnace, AC, and electric panel. 2023 Newly installed front and back wood decks, along with a completely renovated garden unit. 2024 tuned

    Nicholas Kravat Black Label Realty Co.

    2460 Indiana Ave, Lansing, IL 60438
  • /17

    $229,000

    • 4 Beds
    • 1 Bath

    625 Ingraham Ave, Calumet City, IL 60409

    Motivated seller-ready to close fast! This refreshed, income-producing two-flat is a true turnkey investment. Each unit is fully updated and features spacious layouts, new flooring, and fresh finishes. Major capital improvements already done: brand new boilers, hot water heaters, complete rewiring, new breaker panels, and updated plumbing throughout. The property also boasts a full dry basement

    Michael Kang Coldwell Banker Realty

    625 Ingraham Ave, Calumet City, IL 60409
  • /3

    $395,000

    • 8 Beds
    • 3 Baths
    • 4,841 Sq Ft

    143 N 500 W, Valparaiso, IN 46385

    Rare Investment Opportunity - Multi-Unit Property on 1.6 Acres in Porter CountyDiscover the potential of this unique rural property situated on 1.6 acres in desirable Porter County. Currently configured as a 3-unit income-producing property, it offers a fourth unit partially built out--ready for your finishing touches. Live in one unit while generating income from the others, or lease all four

    Dennis Nichols Weichert, Realtors-Moke Agency

    143 N 500 W, Valparaiso, IN 46385
  • /11

    $150,000

    • 2 Beds
    • 2 Baths
    • 894 Sq Ft

    1248 Indiana St, Hammond, IN 46320

    Great investment opportunity: This multi-unit property features two separate 1 bed, 1 bath units--ideal for rental income or a live-in/lease-out setup. The back unit has been completely remodeled with modern finishes, offering turnkey comfort and style. The front unit is currently occupied by a long-term tenant, providing immediate rental income. Whether you're expanding your portfolio or

    Manny Hernandez Simplify Your Move! Realty Inc

    1248 Indiana St, Hammond, IN 46320
  • /27

    $344,999

    • 8 Beds
    • 4 Baths

    1420 Wentworth Ave, Calumet City, IL 60409

    INVESTOR SPECIAL! ALL 4 TOWNHOUSES- Ready for YOU as a PACKAGE DEAL! 1420, 1420 1/2, 1422 AND 1424 in the heart of Calumet City. Each 2 story townhouses, features 2 spacious bedrooms, 1 bathroom and a full basement. Updates in 2021 were tuckpointing, HVAC, and water heaters and 2023 new windows and updated decks. Pad parking in the rear for all 4 units. All units are currently rented and

    Janie Flores RE/MAX 10

    1420 Wentworth Ave, Calumet City, IL 60409
  • /38

    $210,000

    • 4,656 Sq Ft

    44 156th St, Calumet City, IL 60409

    Solid brick 6-unit apartment building being sold AS IS, WHERE-IS, offering excellent potential for investors or owner-occupants. Explore the flexibility to convert the building into either 4 units to qualify for residential financing or expand to 8 units for increased rental income (subject to zoning and city approval). The roof is approximately 2 years old. Currently, only one long-term tenant

    Jasohn Chavez Berkshire Hathaway HomeServices Starck Real Estate

    44 156th St, Calumet City, IL 60409
  • /26

    $649,900

    • 4 Beds
    • 3 Baths
    • 2,210 Sq Ft

    22 Chrismar Rd, Portage, IN 46368

    This FABULOUS 2,321 sq ft home is completely updated and is located in the quiet community of Ogden Dunes! Ogden Dunes is nestled on the southern shores of Lake Michigan, situated within the Indiana Dunes National Park, offering unparalleled natural beauty and tranquility. The home features 4 spacious bedrooms/3 bathrooms, a brand-new kitchen with quartz countertops, new LVP flooring, and new

    Theodore Lelek @properties/Christie's Intl RE

    22 Chrismar Rd, Portage, IN 46368
  • /58

    $629,900

    • 5,848 Sq Ft

    19061 Wentworth Ave, Lansing, IL 60438

    Exceptional investment opportunity in Lansing, Illinois: a PACKAGE DEAL comprising of one single-family residence and a fully leased four-unit apartment/townhome building. The single-family home will be delivered vacant, offering flexibility for new owners, while the apartment units provide immediate rental income with established tenants in place. Located in a desirable suburban area with easy

    Stefano Belmonte Ellsbury Group LLC

    19061 Wentworth Ave, Lansing, IL 60438
  • /20

    $105,000

    • 8 Beds
    • 4 Baths
    • 1,300 Sq Ft

    4828 Mccook Ave, East Chicago, IN 46312

    SELLER SAYS LET'S MAKE A DEAL!!!!! Awesome opportunity to own this 4-unit property in East Chicago! Property has two generously sized 3br units, two 1br units and a detached 1 car garage that can be converted back for two cars. This one is a fixer upper but it has a ton of potential. It would be a great candidate for an FHA 203(K) loan or any other renovation loan for an owner occupant or

    Nicholas Smith Coldwell Banker Realty

    4828 Mccook Ave, East Chicago, IN 46312
  • /34

    $250,000

    • 5 Beds
    • 4 Baths

    321 Memorial Dr, Calumet City, IL 60409

    DEAL FELL THROUGH! YOUR CHANCE IS HERE! Own an All-Brick 3-Unit Building with a 3-Car Garage! An incredible opportunity just hit back on the market! This solid all-brick 3-unit building is back & ready for its next owner. Imagine unbelievable rental income potential from spacious units featuring hardwood floors & fireplaces. Why This is Your Next Smart Move: Investor's Dream: High-demand

    Carmen Chavers Real People Realty

    321 Memorial Dr, Calumet City, IL 60409
  • /61

    $351,900

    • 8 Beds
    • 4 Baths

    627 Douglas Ave, Calumet City, IL 60409

    Rarely available 3 unit of 2br and a 2br garden unit. All units are newly rehabbed from 2022 to 2024. Great homes with Great Tenants. This is the best Investment property for the qualified Investor. Act fast before it is gone.

    Margaret Taiwo Elects Realty Champions LLC

    627 Douglas Ave, Calumet City, IL 60409
  • /5

    $115,000

    • 6 Beds
    • 2 Baths

    502 Garfield Ave, Calumet City, IL 60409

    SOLD AS IS: !!!PICTURES COMING SOON!!! ATTENTION BUYERS AND INVESTORS, THIS IS A MUST SEE This SPACIOUS 2 flat with 6 bedrooms, 2 bathrooms and full unfinished basement are an investors dream. Needs work, but the possibilities are endless. The large closets and open concept makes this an ideal living quarters. The 2nd floor is stripped to the bone, and ready for your

    Shelia Smith Coldwell Banker Realty

    502 Garfield Ave, Calumet City, IL 60409
  • /16

    $175,000

    • 4 Beds
    • 2 Baths

    587 Wentworth Ave, Calumet City, IL 60409

    TWO UNITS, BOTH RANCHES ACROSS FROM PARK AND CLOSE TO POLICE, FIRE DEPARTMENTS, RIGHT IN THE HEART OF CALUMET CITY. BOTH UNITS HAVE 2 BEDROOMS AND ONE BATH, EAT IN KITCHENS, AND LARGER LIVING AREA, AND A SURPRISING AMOUNT OF STORAGE. ONE UNIT OCCUPIED WITH LONG TIME TENANTS THAT WOULD LOVE TO STAY, OTHER IS VACANT. GREAT LOCATION FOR COMMUTING TO CITY, CLOSE TO SHOPPING, SCHOOLS AND

    Karol Creech Coldwell Banker Realty

    587 Wentworth Ave, Calumet City, IL 60409
  • /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
  • /9

    $210,000

    • 5 Beds
    • 5 Baths

    309 Memorial Dr, Calumet City, IL 60409

    Stacey Griffin Stacey L Griffin

    309 Memorial Dr, Calumet City, IL 60409

Why Live in Central Merrillville

Central Merrillville, located on the west side of Merrillville, Indiana, is a community that combines commercial convenience with residential charm, just an hour's commute from downtown Chicago. The neighborhood is known for its extensive shopping options, including Southlake Mall, which features major department stores like JC Penney and Macy’s, a food court, and a kid’s play area. Residential streets are lined with split-level, duplex, and ranch-style homes, many with private driveways and two-car garages. Major thoroughfares such as Interstate 64, U.S. Route 30, and U.S. Highway 53 provide access to dining, retail, and entertainment hubs. Dining options are diverse, with local favorites like Brothers Breakfast & Lunch, El Poblano Mexican Restaurant, Gamba Ristorante, Portillo's Merrillville, and House of Kobe. The nightlife scene includes bars like The Dawg House Pub and JO’s Bar & Grill, offering a variety of social activities. Community events are hosted at venues like Avalon Manor Banquet Center and Chateau Banquets, fostering a sense of togetherness among residents. Outdoor enthusiasts can enjoy Hidden Lake Park, which features trails, sports facilities, and picnic areas, as well as Turkey Creek Golf Course and the private Innsbrook Country Club. Central Merrillville also boasts several schools that contribute to the area's academic excellence. For post-secondary education, residents can enroll at Indiana University Northwest, located north of the community of Gary, Indiana. From shopping and dining to educational opportunities and green spaces, Central Merrillville is a multifaceted destination.

Home Trends in Central Merrillville, IN

Housing Trends

Median Sale Price
$329,600
Median Single Family Sale Price
$1,150,000
Median Townhouse Sale Price
$514,000
Median 2 Bedroom Sale Price
$1,175,000
Median 1 Bedroom Sale Price
$165,000
Average Price Per Sq Ft
$317
Number of Homes for Sale
6
Last 12 months Home Sales
111
Months of Supply
0.60
Median List Price
$399,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-26%
How to Buy a Home How to Finance a Home How to Sell a Home