1297-1299 W 15th Avenue, Gary, IN 46407
1297-1299 W 15th Avenue, Gary, IN 46407
1297-1299 W 15th Avenue, Gary, IN 46407
15
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$97,500
Est. payment /mo
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6 Beds
2 Baths
1,992 SqFt
Active

1297-1299 W 15th Avenue Gary, IN 46407

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Dennis & Karen

Dennis & Karen

+1(219) 213-3346

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,992 sqft

Price per Sqft $48

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

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

Cooling None

Fireplace No

Appliance None

Exterior

Parking Features None

Building

Lot Description Back Yard, Rectangular Lot

Others

Acceptable Financing Cash, Other, Conventional

Listing Terms Cash, Other, Conventional

Listed by Weichert, Realtors-Moke Agency

NEARBY SCHOOL & BUSINESS

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Dennis & Karen

Dennis & Karen

Agent

+1(219) 213-3346

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1297-1299 W 15th Avenue

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