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Multi-Family Real Estate for Sale


Scroll down to browse multi-family real estate for sale in Northwest Indiana, Central Illinois, and the Chicago Southland. Contact McColly Real Estate to schedule a tour of a property or if you have any questions. Create an account with McColly Real Estate to save your favorite multi-family listings and to receive email notifications when similar properties become available. 

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3716 Deodar Street East Chicago IN 46312

East Chicago, IN3716 Deodar Street

Price$195,000

Est. Mortgage: $/month

MLS Number 487345

  • MultiFamily
  • Year Built 1922
  • Acreage 0.1
  • Bedrooms 10
  • County Lake

Very well maintained occupied 4 unit. 2 units are 3 bedrooms, 1 bath. 2 units are 2 bedroom, 1 bath. Nice block! Off street parking in rear of building.

Listed by Pinnacle Realty, LLC

$
$
%
$/month over payments
Federal 30-year interest rate: 2.79% last updated on Jan 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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4611 Pine Avenue Hammond IN 46327

Hammond, IN4611 Pine Avenue

Price$72,000

Est. Mortgage: $/month

MLS Number 487307

  • MultiFamily
  • Year Built 1887
  • Acreage 0.17
  • Bedrooms 3
  • County Lake

Unique 1 and 1/2 story home perfect for rental or extended family. Main floor unit is 1 bedroom 1 bath living room and kitchen. Second unit has living room kitchen and bath and boasts 2 upstairs bedrooms. . Full unfinished basement. Stoves and refrigerators included in both units. 1-1/2 car garage on oversized lot. Walking distance to shopping and restaurants. Easy access to Chicago. Investors enjoy!

Listed by McColly Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 2.79% last updated on Jan 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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3906 Silhavy Road Valparaiso IN 46383

Valparaiso, IN3906 Silhavy Road

Price$295,000

Est. Mortgage: $/month

MLS Number 487365

  • MultiFamily
  • Year Built 1977
  • Acreage 1.26
  • Bedrooms 5
  • County Porter

Don't wait to make your appointment to see this completely renovated duplex! Ask me for the extensive list of updates! This amazing investment opportunity is turn key. Location near major thoroughfares make it ideal for any investment portfolio. One unit is 3 bedrooms while the other is a 2 bedroom unit. Both feature 2 baths on full basements with garages. Great rental history!

Listed by Century 21 Affiliated

$
$
%
$/month over payments
Federal 30-year interest rate: 2.79% last updated on Jan 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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4916 Olcott Avenue East Chicago IN 46312

East Chicago, IN4916 Olcott Avenue

Price$214,900

Est. Mortgage: $/month

MLS Number 487202

  • MultiFamily
  • Year Built 1913
  • Acreage 0.08
  • Bedrooms 5
  • County Lake

PERFECT INVESTMENT OPPORTUNITY! Spacious 2 unit home on a quiet street that has been entirely GUTTED and features BRAND NEW flooring, windows, floors, bathrooms, kitchens, electrical, plumbing, and much much more! Both Kitchens have PORCELAIN flooring, backsplash, marble-like counters, and white shaker style cabinets. Unit 1 features 2 bedrooms, 1 bath and FULL BASEMENT. Unit 2 features 3 bedrooms, 1 bath and storage area. PERFECT for a rental unit or live MORTGAGE FREE while renting out the second unit! THE POSSIBILITIES ARE ENDLESS! Easy commute to SOUTH SHORE EC STATION and blocks from major parks! CALL TODAY TO SCHEDULE YOUR PRIVATE SHOWING!

Listed by eXp Realty, LLC

$
$
%
$/month over payments
Federal 30-year interest rate: 2.79% last updated on Jan 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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5455 Clem Road Portage IN 46368

Portage, IN5455 Clem Road

Price$275,000

Est. Mortgage: $/month

MLS Number 487173

  • MultiFamily
  • Year Built 1971
  • Acreage 2.34
  • Bedrooms 8
  • County Porter

This four unit building is located on 2.34 acres with a paved parking lot. The current rents are $2,625 per month. All units are leased. The building is on well and septic. Tenants pay their on utility bills. Each unit is two bedrooms, one bathroom.

Listed by McColly Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 2.79% last updated on Jan 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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6519 Harrison Avenue Hammond IN 46324

Hammond, IN6519 Harrison Avenue

Price$55,000

Est. Mortgage: $/month

MLS Number 487260

  • MultiFamily
  • Year Built 1925
  • Acreage 0.09
  • Bedrooms 2
  • County Lake

Fixer Upper, at a great price with tons of potential. South Hammond 2 unit has 1 bedroom and 1 bath per side. Each unit has basement and garage access, separate gas furnaces ,separate electric meters, updated vinyl windows. Large corner lot.

Listed by RE/MAX Realty Associates

$
$
%
$/month over payments
Federal 30-year interest rate: 2.79% last updated on Jan 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule TourAsk A QuestionMore Details

1114 N Wood Street Griffith IN 46319

Griffith, IN1114 N Wood Street

Price$150,000

Est. Mortgage: $/month

MLS Number 487216

  • MultiFamily
  • Year Built 1961
  • Acreage 0.18
  • Bedrooms 4
  • County Lake

This duplex is your income opportunity! Live in one side and rent the other or keep them both as rentals. 1116 is ready to view. 1114 has a tenant of 10+ years. Both units feature new high efficiency furnaces, air conditioners and water heaters that were just installed in December 2020. Appliances included in 1116. Appliances are tenant owed in 1114. This brick ranch duplex offers two bedrooms (11x10 & 10x9), front living room (17x11) and a galley kitchen (8x8). Stackable washer and dryer included in 1116. Showings are only for 1116 Wood. Please do not disturb tenant in 1114. Second showings can be arranged to view 1114 with 24 hour notice. This property won't last long.

Listed by Coldwell Banker Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 2.79% last updated on Jan 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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2688 Jefferson Street Gary IN 46407

Gary, IN2688 Jefferson Street

Price$179,700

Est. Mortgage: $/month

MLS Number 487122

  • MultiFamily
  • Year Built 1921
  • Acreage 0.14
  • Bedrooms 5
  • County Lake

Seller Financing Available, Terms Negotiable. Conveniently located near I-80/94 and I-65. This NEWLY renovated multifamily property is desirable for an investor, as well as for an owner occupant. This TURN-KEY property does not have any deferred maintenance, as all renovations have been completed within the past year. Major renovations include; a new roof and new boiler. All three units are updated and have original hardwood floors throughout. Each unit has ceramic tile in the bathroom. Coin operated laundry is located in basement. Main Floor tenant is month to month, 2nd floor tenants on 1 year leases. Main floor tenant pays 50% of utilities,2nd floor units each pay 25%. Main floor unit could be owner occupied and still provide additional income. Landlord is responsible for mowing, leaf removal, and cleaning of gutters. Great opportunity to live for free! Start cash flowing today!

Listed by Realty Executives Premier

$
$
%
$/month over payments
Federal 30-year interest rate: 2.79% last updated on Jan 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule TourAsk A QuestionMore Details

4851 Indianapolis Boulevard East Chicago IN 46312

MLS Number 487047

  • MultiFamily
  • Year Built 1924
  • Acreage 0.34
  • Bedrooms 13
  • County Lake

SUPER RARE, 2 story brick, 10 OCCUPIED units all under 1 roof! Fantastic income with a 10.46% cap rate. Property has a great location, double lot with an asphalt parking lot. Close to shopping, restaurants, and transportation! Each unit has its own newer boiler, and own electric and gas meter. 

Listed by Pinnacle Realty, LLC

$
$
%
$/month over payments
Federal 30-year interest rate: 2.79% last updated on Jan 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule TourAsk A QuestionMore Details

5229 State Line Avenue Hammond IN 46320

Hammond, IN5229 State Line Avenue

Price$79,000

Est. Mortgage: $/month

MLS Number 486886

  • MultiFamily
  • Year Built 1887
  • Acreage 0.13
  • Bedrooms 3
  • County Lake

GREAT CASH FLOWING INVESTMENT PROPERTY has two long term tenants in place. This one gets you a two for one! This 3 Bedroom, 2 Bath home has two units. Front Unit is a 2 Bedroom, 1 Bath. The Back Unit is a 1 Bedroom, 1 Bath. 1 bath w spacious dining room and living room w bay window and front porch. Both units have spacious kitchens. Fecned in yard. Walking distance to shopping, gas stations, transportation and more

Listed by eXp Realty, LLC

$
$
%
$/month over payments
Federal 30-year interest rate: 2.79% last updated on Jan 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule TourAsk A QuestionMore Details

406 Waltham Street Hammond IN 46320

Hammond, IN406 Waltham Street

Price$130,000

Est. Mortgage: $/month

MLS Number 486893

  • MultiFamily
  • Year Built 1920
  • Acreage 0.13
  • Bedrooms 5
  • County Lake

Hammond - This 3 Unit Property is located in a very desirable area of Hammond! Located near the park so you or tenants can easily enjoy time outdoors and just minutes away from 80/94 for easy commuting back and forth! There is a 3 Bdrm Unit, and Two 1 Bedroom Units! Live in 1 and lease out the other 2 so that you can have the rental revenue from those pay the mortgage! Detached Garage can be used by you or leased out to the tenants so you can generate more revenue! There is also Additional Storage in the basement for you or you can lease it out to the tenants you guessed it so you can generate more revenue!

Listed by Kirk and Company

$
$
%
$/month over payments
Federal 30-year interest rate: 2.79% last updated on Jan 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule TourAsk A QuestionMore Details

4506 Magoun Avenue East Chicago IN 46312

East Chicago, IN4506 Magoun Avenue

Price$140,000

Est. Mortgage: $/month

MLS Number 486736

  • MultiFamily
  • Year Built 1929
  • Acreage 0.05
  • Bedrooms 6
  • County Lake

MAJOR PRICE IMPROVEMENT!!!  CALLING ALL MULTIFAMILY INVESTORS! Here's an AMAZING opportunity to add this 6 unit property to your portfolio! This building includes 3 - two bedroom units, 2 - one bedroom units and 1 studio unit. The building is also in super close proximity to Indianapolis Blvd, all retail, shops, parks and restaurants in the area. Harrison Elementary and Central High Schools are nearby as well. Come see this property for yourself. Schedule your appointment today! With a little elbow grease, this property can become a CASH COW for you!!

Listed by McColly Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 2.79% last updated on Jan 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule TourAsk A QuestionMore Details

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