1

North Merrillville Multifamily Home for Sale

Section Image
  • /34

    $499,000

    • 7 Beds
    • 4 Baths
    • 1,855 Sq Ft

    5629 Massachusetts St, Merrillville, IN 46410

    Welcome to 5629 Massachusetts Street in Merrillville, a solid brick four-unit multifamily property available mid-August. This well-maintained building offers a reliable rental history, recent updates, and opportunities for future value growth.The property includes four fully leased apartments. The bottom two units (1 and 2) feature brand-new tenants with one-year leases starting September 15.

    Nicole Milford Compass Indiana, LLC

    5629 Massachusetts St, Merrillville, IN 46410

Why Live in North Merrillville

North Merrillville, situated 36 miles southeast of Chicago, is a suburban community known for its affordability and natural beauty. The neighborhood features a mix of split-level homes, brick ranches, and newly constructed custom-builds. Residents enjoy a variety of things to do, with local amenities including bowling, paintball, and a range of dining and shopping options. Hidden Lake Park, located on the southeast side, offers birdwatching, disc golf, and a playground, while Oak Ridge Prairie provides extensive hiking trails and a newly added bike trail. The nearby Glen Park Izaak Walton Conservation Club offers trap shooting and indoor archery. For dining, locals frequent PJ's Grill for gyros and Taco Depot for their unique "Karla" taco. The neighborhood hosts the annual Independence Day Festival at Hidden Lake Park, featuring a parade, live bands, and fireworks. The Merrillville Community School Corporation serves the area, with schools offering various college and career readiness pathways. North Merrillville's location offers convenient access to Chicago via Interstate 90 and Indianapolis via Interstate 65, making it an ideal spot for those seeking suburban living with easy city access.

Home Trends in North Merrillville, IN

Housing Trends

Median Sale Price
$229,000
Median Single Family Sale Price
$230,000
Median Townhouse Sale Price
$235,000
Average Price Per Sq Ft
$129
Number of Homes for Sale
20
Last 12 months Home Sales
115
Months of Supply
2.10
Median List Price
$240,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
12%
How to Buy a Home How to Finance a Home How to Sell a Home