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$399,900
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Property Description
Excellent investment opportunity in Merrillville! 4-unit multifamily property features four approximately 680 sq. ft., 1 bed / 1bath units, with individual mechanicals including central air (tenants pay electric, gas) and in-unit laundry hookups. Current rents below market: two units at 880/month, one vacant unit previously rented for 925/month, and one long-term tenant paying 700/month. Newer items include gutter system, replacement of sewer pipe and installation of cleanout in front yard, furnace in Unit 3. Vacant unit freshly painted; seller will be marketing for rent at 1150. Great upside and location.
Full Property Details
Full Property Details for 126 E 73rd Ave
General
- Price: $399,900
- Taxes: $7,325 (2024)
- Status: Under Contract
- Type: Multi-Family
- Source: GNIAR
- MLS ID: 842081
- Updated: 8/19/2026
- Added to Site: 48 day(s) ago
Interior
- Number of Rooms: 12
- Interior Features: Other, Pantry
- Appliances: Gas Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Parking
- Parking Features: Off Street
Location
- County: Lake
- Township: Ross
- Subdivision: none
- Driving Directions: Broadway to 73rd, east to property (on north side of street)
Heating & Cooling
- Heating Type: Individual Unit
Structural Information
- Year Built: 1966
Lot Features
- Lot Size (Acres): 0.378
- Lot Size (Sq. Ft.): 16,466
- Lot Features: Rectangular Lot
Financial Considerations
- Tax Amount: $7,325
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: E. 90FT. OF N. 185 FT. OF S. 225FT. OF SW. NW. S.15 T.35 R.8 .378AC.
- Property ID: 451215152026000030
Listed by A.R.E. Partners Inc.
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Schools
Schools serving 126 E 73rd Ave
School District:Merrillville Community School
| Name | Grades | Distance |
|---|---|---|
Henry P Fieler Elementary School 407 West 61st Avenue, Merrillville, IN 46410 | PK-4 | 1.5 mi |
Pierce Middle School, Merrillville, IN 199 East 70th Place, Merrillville, IN 46410 | 7-8 | 0.2 mi |
Merrillville High School 276 East 68th Place, Merrillville, IN 46410 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 126 E 73rd Ave
Date
Details
Price
Change
Source
7/10/2026
Listed
$399,900
11.08%
MLS
6/15/2023
Sold
$360,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 126 E 73rd Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,192
—
$382,200
4%
2024
$5,192
-3%
$368,000
62%
2023
$5,333
17%
$227,600
—
2022
$4,557
-19%
$227,800
2%
2020
$5,617
7%
$222,400
-2%
2019
$5,250
—
$226,100
1%
2019
$5,250
-4%
$222,800
1%
2018
$5,485
-3%
$220,200
—
2017
$5,658
—
$220,200
—
2017
$5,658
5%
$220,400
—
2016
$5,390
13%
$220,400
-3%
2015
$4,763
-15%
$227,200
2%
2013
$5,600
-4%
$221,700
—
2012
$5,822
—
$222,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 126 E 73rd Ave
126 E 73rd Avenue, Merrillville, IN 46410 (MLS# 842081) is a Multi-Family property with units containing 4 bedrooms and 4 full bathrooms. 126 E 73rd Avenue is currently listed for $399,900 and was received on July 10, 2026. Want to learn more about 126 E 73rd Avenue? Do you have questions about finding other Multi-Family real estate for sale in Merrillville? You can browse all Merrillville real estate or contact a Coldwell Banker agent to request more information.

