5629 Massachusetts Street, Merrillville, IN 46410

Local realty services provided by:Better Homes and Gardens Real Estate Connections
Listed by:nicole milford
Office:compass indiana, llc.
MLS#:826811
Source:Northwest Indiana AOR as distributed by MLS GRID
5629 Massachusetts Street,Merrillville, IN 46410
$499,000
  • 7 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$499,000

About this home

Welcome to 5629 Massachusetts Street in Merrillville, a solid brick four-unit multifamily property available mid-August. This well-maintained building offers a reliable rental history, recent updates, and opportunities for future value growth.The property includes four fully leased apartments. The bottom two units (1 and 2) feature brand-new tenants with one-year leases starting September 15. Unit 3 is a two-bedroom currently on a month-to-month lease with garage access, offering an excellent opportunity for updates and increased rent in the future. Unit 4 has a tenant with a newly renewed lease. Owner-paid utilities for the bottom two units include electric, gas, water, trash, and sewer, averaging about 400 per month. Additional income is generated by a coin-operated washer and dryer on site, which typically produces 70 to 100 per month.Recent improvements add to the appeal of this investment, including a new roof and gutters installed approximately four years ago, along with at

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Home facts

  • Year built:1973
  • Listing ID #:826811
  • Added:18 day(s) ago
  • Updated:September 16, 2025 at 07:08 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:4
  • Full bathrooms:4

Structure and exterior

  • Year built:1973
  • Lot area:0.23 Acres

Utilities

  • Water:Public

Finances and disclosures

  • Price:$499,000
  • Tax amount:$5,842 (2024)
Based on information submitted to the MLS GRID as of August 30, 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

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