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5629 Massachusetts Street, 
Merrillville, IN 46410

$455,000


7

Beds


4

Baths


-

Sq Ft


Multi-Family

Sold

Listed by

Nicole Milford

Bought with Integrity Realty Partners

Compass Indiana, LLC.

317-563-5051

MLS#

826811

Source:

Northwest Indiana AOR as distributed by MLS GRID

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About This Home

5629 Massachusetts Street

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 least two new AC units. Each apartment comes equipped with its own range and refrigerator, all included in the sale.With excellent annual rent, plus laundry income, this property provides stable returns with clear upside potential. It is an excellent opportunity for investors seeking both immediate income and long-term growth.

Home Facts

Multi-Family

4 Baths

7 Bedrooms

Built in 1973

Subdivision & Development:

Hilldale Sub

Price Summary

499,000

MLS #:

826811


Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4


Structure

Structure

Year Built:

1973


Lot

Lot Size (Sq. Ft):

10,062


Finances & Disclosures

Finances

Price:

$499,000

Source:Northwest Indiana AOR as distributed by MLS GRID
Based on information submitted to the MLS GRID as of November 18, 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.