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Listed price in listed location currency (USD).
$125,000

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size 14500 sqft
Garage No
HOA Fees 
Taxes $893
Days Active 0
Approx. Age 1917
Avg. Price Per Sqft $8
MLS® Number 829188

Property Address: 2585 W 11th Ave, Gary, IN, 46404-2108

Average square foot calculated using Size range provided by listing agent.

Description

Bring your vision and creativity to this rare, all-brick 14-unit apartment building, one of the largest multifamily properties in the area! Currently completely gutted and ready for a full renovation, this structure offers a blank canvas for a savvy investor or developer to restore its former potential and create strong rental income. The property features solid brick construction, a spacious layout across multiple levels, and side-door access for easy contractor entry. Several windows are currently boarded up for security, and utilities will need to be reinstalled. Once revitalized, this building could become a cornerstone multifamily asset in a growing area of Gary. Whether you're looking to reposition as modern apartments, workforce housing, or a long-term hold, the size, structure, and location of this property make it a standout investment.
MLS® Number829188
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
ExteriorOther
GarageNo
Approx. Age1917
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatNone
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 10, 2025List Date
$125,000List Price
  • Commute

Commute

Starting Address
Destination Address
2585 W 11 Th Ave, Gary, IN

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