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6860 Delaware St 4 Unit Apartment Building $445,000 ($111,250/Unit) Merrillville, IN 46410
Executive Summary
Discover an outstanding owner-occupant, related living, or investment opportunity at 6860 Delaware St in Merrillville. This well-maintained 4-unit property features one spacious 3-bed/1.5-bath unit that is move-in ready and three 1-bed/1-bath units, offering strong rental income potential. Recent remodels and updates enhance the property's appeal, while efficient utility management--tenants pay their own gas and electric, and the owner covers water, sewer, and trash--helps support solid cash flow. With comfortable layouts, individual heating systems, and a convenient Lake County location, this property is ideal for living on-site while generating income or adding a dependable asset to your portfolio.
Property Facts
| Price | $445,000 | Apartment Style | Townhome |
| Price Per Unit | $111,250 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.47 AC |
| No. Units | 4 | Building Size | 5,029 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1965 |
| Price | $445,000 |
| Price Per Unit | $111,250 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.47 AC |
| Building Size | 5,029 SF |
| No. Stories | 2 |
| Year Built | 1965 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | - |
| 3+1.5 | 1 | - | - |
1 1
Property Taxes
| Parcel Number | 45-12-15-104-005.000-030 | Improvements Assessment | $313,800 |
| Land Assessment | $34,500 | Total Assessment | $348,300 |
Property Taxes
Parcel Number
45-12-15-104-005.000-030
Land Assessment
$34,500
Improvements Assessment
$313,800
Total Assessment
$348,300
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6860 Delaware St
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