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$399,900 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 4 Total Beds
  • Updated 5 hours ago
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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 (new tenant lined up), and one long-term tenant paying 700/month. Newer items include gutter system, replacement of sewer pipe and installation of cleanout in front yard, HVAC in Unit 3. Great upside and location.

Full Property Details for 126 E 73rd Ave

General

  • Price: $399,900
  • Taxes: $7,325 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: GNIAR
  • MLS ID: 842081
  • Updated: 7/10/2026
  • Added to Site: Today

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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Listing agent

— 126 E 73rd Ave —

  • A.R.E. Partners Inc.

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 126 E 73rd Ave

School District:Merrillville Community School
NameGradesDistance
Henry P Fieler Elementary School
407 West 61st Avenue, Merrillville, IN 46410
PK-41.5 mi
Pierce Middle School, Merrillville, IN
199 East 70th Place, Merrillville, IN 46410
7-80.2 mi
Merrillville High School
276 East 68th Place, Merrillville, IN 46410
9-120.6 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/10/2026
Listed
$399,900
11.08%
MLS
6/15/2023
Sold
$360,000
—
Public Record
Get Price Alerts and Save Property
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 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
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by A.R.E. Partners Inc.

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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.

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