Multi Family Investment Properties for Sale in East Chicago, IN

Property at 4013 Melville Ave, East Chicago, IN
Listed for sale 4 days ago
$ 135,000
ROI
26.9ROI percentage
Cash Flow/m
Dollar sign268
  • 4 Bed
  • 2 Bath
  • - sft
4013 Melville Ave, East Chicago, IN, 46312
Property at 4008 Fir St, East Chicago, IN
$ 165,000
ROI
28.8ROI percentage
Cash Flow/m
Dollar sign415
  • 2 Bed
  • 3 Bath
  • 1600 sft
4008 Fir St, East Chicago, IN, 46312
Property at 4140 Baring Ave, East Chicago, IN
Fix & Flip
$ 144,900
ROI
34.2ROI percentage
Cash Flow/m
Dollar sign580
  • 5 Bed
  • 3 Bath
  • - sft
4140 Baring Ave, East Chicago, IN, 46312
Property at 3824 Parrish Ave, East Chicago, IN
Currently Rented
Rental Income
$ 169,900
ROI
35.8ROI percentage
Cash Flow/m
Dollar sign758
  • 4 Bed
  • 2 Bath
  • - sft
3824 Parrish Ave, East Chicago, IN, 46312

Why Invest in East Chicago, Indiana?

Investing in multifamily properties in East Chicago offers a competitive edge with an average rental yield around 6.5%. The city's good job market, supported by key employers, makes it an enticing location for rental investments. With a cap rate of approximately 8% and an appreciating housing market, investors can expect solid returns.

10%
Avg. ROI
6.5%
Rental Yield
8%
Cap Rate
$800/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rent for multifamily homes in East Chicago is around $1,200 per month, making it an affordable yet attractive option for renters.

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