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Listing provided courtesy of Property BossNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 841473MLS Provider

564 Carolina StreetGary, IN 46402

Multi-Family · 5 Beds · 3 Full Baths · 0.10 Acres
$224,900 Active

564 Carolina Street Overview

Time on Site:
4 hours
Visits:
0

Great cash-flowing multi-unit investment opportunity in Gary! This recently renovated triplex features three updated units and is professionally managed, making it a strong addition to any rental portfolio. Two units are currently tenant-occupied, providing immediate rental income, while the remaining unit is actively being marketed for rent to maximize income potential. The property also offers a large yard, adding extra outdoor space for residents. Professional management is already in place; this triplex is ready for its next owner.

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564 Carolina Street Facts & Features

  • Type Multi-Family
  • Lot 0.10 Acres

Details

General

Association/HOA

  • Association: false

Building Information

  • New Construction: false
  • Year Built: 1924

Location/Region

  • County Or Parish: Lake
  • Subdivision Name: Gary Land Companys 01
  • Township: Calumet

Rent/Lease Information

  • Lease Considered: false
  • Rent Includes: None

Tax Information

  • Tax Annual Amount: 1347
  • Tax Assessed Value: 53700
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 450803328036000004
  • Pets Allowed: No
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Total: 3
  • Bedrooms Total: 5

Building Interior

  • Above Grade Finished Area: 2034

General Information

  • Appliances: Other
  • Fireplace: false
  • Heating: Central
  • Interior Features: Other
  • Levels: Two
  • Living Area Source: Assessor

Exterior

Parking Information

  • Parking Features: On Street

Lot Information

  • Lot Features: Rectangular Lot
  • Lot Size Acres: 0.103
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 4487
  • Water Source: Public

Waterfront/View

  • View: Other
  • Waterfront: false

General Information

  • Sewer: Public Sewer

564 Carolina Street Neighborhood

Community

46402 (GARY) Demographics

34
Median Age
1,714
Population Density (per sq. mile)
15%
College Educated
$23,630
Estimated Median Income
1,179
Estimated Total Home Owners
1,469
Estimated Total Renters
45% / 55%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

564 Carolina Street Monthly Cost

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$ %
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$
$
Eric Nowik
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

564 Carolina Street Market Data

Based on the last 30 days in this zip code

$108,955
Average List Price
$64
Average Price per Square Foot
9
Properties Sold
90
Average Days on Market
28
Properties for Sale
Calculations provided by Reliance Network

564 Carolina Street History

Date Event Value Agent
6/30/2026Source: Northwest Indiana MLS Added to Database
June 30, 2026