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.
Active
$224,900
564 Carolina St, Gary, IN 46402
5beds
--sqft
Triplex
Built in 1924
-- sqft lot
$111,900 Zestimate®
$--/sqft
$-- HOA
What's special
Large yardThree updated units
- 6 days |
- 103 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Kiyah Marshall,
Property Boss 219-801-6123
Source: NIRA as distributed by MLS GRID,MLS#: 841473
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Has Heating (Unspecified Type)
Appliances
- Included: Other
Features
- Other
- Basement: Finished
- Has fireplace: No
Interior area
- Finished area above ground: 2,034
Property
Parking
- Parking features: On Street
Features
- Levels: Two
- Has view: Yes
- View description: Other
Lot
- Size: 4,486 Square Feet
- Features: Rectangular Lot
Details
- Parcel number: 450803328036000004
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Condition
- New construction: No
- Year built: 1924
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Gary Land Companys 01
HOA
- Has HOA: No
Location
- Region: Gary
Financial & listing details
- Tax assessed value: $53,700
- Annual tax amount: $1,347
- Date on market: 6/30/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
$111,900
$84,000 - $142,000
$991/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2026 | Listed for sale | $224,900+221.3% |
Source:  NIRA as distributed by MLS GRID #841473 Report a problem | ||
| 6/24/2026 | Listed for rent | $950+8.6% |
Source: Zillow Rentals Report a problem | ||
| 1/12/2026 | Listing removed | $875 |
Source: Zillow Rentals Report a problem | ||
| 1/10/2026 | Listed for rent | $875 |
Source: Zillow Rentals Report a problem | ||
| 1/10/2026 | Listing removed | $875 |
Source: Zillow Rentals Report a problem | ||
| 12/23/2025 | Listed for rent | $875-7.9% |
Source: Zillow Rentals Report a problem | ||
| 7/30/2025 | Listing removed | $950 |
Source: Zillow Rentals Report a problem | ||
| 7/24/2025 | Listed for rent | $950+8.6% |
Source: Zillow Rentals Report a problem | ||
| 4/29/2025 | Listing removed | $875 |
Source: Zillow Rentals Report a problem | ||
| 3/21/2025 | Listed for rent | $875-7.9% |
Source: Zillow Rentals Report a problem | ||
| 3/11/2025 | Listing removed | $950 |
Source: Zillow Rentals Report a problem | ||
| 2/18/2025 | Listed for rent | $950 |
Source: Zillow Rentals Report a problem | ||
| 11/7/2024 | Sold | $70,000+1066.7% |
Source: Public Record Report a problem | ||
| 3/7/2008 | Sold | $6,000-64.5% |
Source: NIRA as distributed by MLS GRID #201007 Report a problem | ||
| 12/11/2007 | Sold | $16,900 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,347 +4.9% | $63,200 +17.7% |
| 2024 | $1,284 +2.9% | $53,700 +5.5% |
| 2023 | $1,248 +8.5% | $50,900 +4.5% |
| 2022 | $1,150 +5.6% | $48,700 +8.5% |
| 2021 | $1,089 +28.1% | $44,900 +5.6% |
| 2020 | $850 -43.8% | $42,500 |
| 2019 | $1,511 -3% | $42,500 -37.9% |
| 2018 | $1,558 +0.4% | $68,400 -1.3% |
| 2017 | $1,551 | $69,300 -4.3% |
| 2016 | $1,551 -10.3% | $72,400 -2% |
| 2014 | $1,729 +1.3% | $73,900 -2.8% |
| 2013 | $1,708 -1.9% | $76,000 +1.3% |
| 2012 | $1,740 +0.7% | $75,000 +4% |
| 2011 | $1,729 -1.9% | $72,100 +2.3% |
| 2010 | $1,762 | $70,500 -7.4% |
| 2009 | -- | $76,100 +32.8% |
| 2007 | -- | $57,300 +117.9% |
| 2006 | -- | $26,300 |
| 2005 | -- | $26,300 |
| 2004 | -- | $26,300 +119.2% |
| 2003 | -- | $12,000 |
| 2002 | -- | $12,000 +200% |
| 2001 | -- | $4,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 3/10Daniel Hale Williams Elementary SchoolGrades: K-5Distance: 1.2 mi
- 3/10Gary Middle SchoolGrades: 6-8Distance: 4.4 mi
- 1/10West Side Leadership AcademyGrades: 9-12Distance: 4.1 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Indiana
- Lake County
- Gary
- 46402
- Downtown
- 564 Carolina St
Nearby cities
Nearby neighborhoods
Nearby zip codes
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