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6860 Delaware St 4 Unit Apartment Building $445,000 ($111,250/Unit) Merrillville, IN 46410

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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
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 - -

Property Taxes

Property Taxes

Parcel Number
45-12-15-104-005.000-030
Land Assessment
$34,500
Improvements Assessment
$313,800
Total Assessment
$348,300
  • Listing ID: 39399965

  • Date on Market: 2/11/2026

  • Last Updated:

  • Address: 6860 Delaware St, Merrillville, IN 46410

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