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$2,900,000
1 Day On Site

5125 Georgia Street
Gary, IN 46409

For Sale|Multi Family|Pending
0
Beds
0
Total Baths
30,045
SqFt
$97
/SqFt
1966
Built
Subdivision:
Gerritt Add
County:
Lake
Listing courtesy of Christina Lee of The Lyons Group Real Estate Christina@thelyonsgroup.com as distributed by MLS GRID
5125 Georgia Street5125 Georgia Street5125 Georgia Street5125 Georgia Street
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Mortgage Calculator

Monthly Payment (Est.)

$13,231
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

Fully renovated 30-unit multifamily property at 5125 Georgia in Gary, Indiana, offered at 2,900,000. Each unit features modern updates, individual appliances, washer/dryer hookups, and separate furnaces, minimizing owner expenses and maximizing tenant appeal. Ideal for investors seeking a stabilized asset with strong cash flow and upside through rent growth. Rare turnkey opportunity of this size and condition.

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Listing Snapshot
Price 
$2,900,000
Days On Site 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
30,045 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.824 Acres
Year Built 
1966
MLS® Number 
837077
Status 
Pending
Property Tax 
$27,855
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
3 hours agoListing updated with changes from the MLS®
17 hours agoStatus changed to Pending
yesterdayListing first seen on site
General Features
Acres 
0.824
Additional Property Use 
Residential
Building Features 
Enclosed Stair(s)Exterior Lighting
Number Of Stories 
2
Parking 
Additional Parking
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Utilities 
None
Water Source 
Public
Interior Features
Cooling 
Central Air
Electric 
200+ Amp Service
Flooring 
Vinyl
Heating 
Forced Air
Laundry Features 
Electric Dryer HookupWasher Hookup
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Exterior Features
Construction Details 
Brick
Roof 
Asphalt
Community Features
Financing Terms Available 
CashVA LoanFHAConventional
Township 
Calumet
Listing courtesy of Christina Lee of The Lyons Group Real Estate Christina@thelyonsgroup.com as distributed by MLS GRID



Listing information is provided by Participants of the Greater Northwest Indiana Association of REALTORS MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Greater Northwest Indiana Association of REALTORS MLS.

Based on information submitted to the MLS GRID as of 2026-04-16 09:50 PM UTC. 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.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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