REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 97,500
Est. payment /mo
New
1297-1299 W 15th AVE Gary, IN 46407
6 Beds
2 Baths
7,057 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 7,057 sqft
Price per Sqft $13
Subdivision Logan Park Second Add
MLS Listing ID 840881
Bedrooms 6
Full Baths 2
Year Built 1922
Annual Tax Amount $1,207
Tax Year 2025
Lot Size 7,056 Sqft
Acres 0.162
Property Sub-Type Duplex
Property Description
Investor special in Gary! This bi-level duplex offers an outstanding value-add opportunity for investors, flippers, or buyers looking to build sweat equity. Featuring two units--one upper and one lower--this property has strong income potential with projected rents of approximately 1,200 per month per unit, creating a potential gross annual income of 28,800. With some renovation and updates, investors may have the opportunity to achieve attractive cash flow and returns. Whether you're looking to expand your rental portfolio, complete a fix-and-hold project, or capitalize on Northwest Indiana's continued growth and revitalization, this property deserves a look. Located just minutes from major highways, commuter routes, and the exciting redevelopment taking place throughout the region, now is the time to invest in Gary's future. Property is being sold as-is where is. Cash or renovation financing preferred. Hard money welcome.
Location
State IN
County Lake
Interior
Interior Features None
Heating None
Fireplace N
Appliance None
Exterior
View Y/N true
View true
Building
Lot Description Back Yard, Rectangular Lot
Story Bi-Level
Others
Tax ID 450809301023000004
SqFt Source Assessor
Acceptable Financing NRA20260617190240034086000000
Listing Terms NRA20260617190240034086000000
Pets Allowed No
Listed by Weichert, Realtors-Moke Agency • Dennis Nichols
Nearby Locations