Cash-flow opportunity in the heart of Gary! This all-brick 2-unit property at 3725 Monroe offers the unit mix investors are looking for with one spacious 3-bedroom, 1-bath unit and one 2-bedroom, 1-bath unit. Whether you’re looking to add doors to your portfolio, start your investment journey, or create value through updates and improved rents, this property checks the boxes. The solid brick construction offers durability, while the aggressive pricing creates an opportunity to secure a multifamily asset below replacement cost. Sold AS-IS and priced to move quickly, this is the type of opportunity savvy investors watch for but rarely find. With continued investment and redevelopment throughout Gary, now is the time to secure your position in one of Northwest Indiana’s fastest-evolving markets. Schedule your showing today before this one is gone.
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : NRA841926
Price : $139,900
Bedrooms : 5
Rooms : 9
Bathrooms : 2
Half Bathrooms : 0
Year Built : 1924
Lot Area : 3,136 Sqft
Status : Active
Acres : 0.072
Property Subtype 1 : Duplex
Status : Active
Features
Heating System : Forced Air
Pet Policy : No
Parking : On Street, Alley Access, Garage Faces Rear
Interior Features : No
Appliances
Appliances : No
Address Map
Country : US
State : IN
County : Lake
City : Gary
Street : Monroe
Street Number : 3725
Street Suffix : Street
Postal Code : 46408
Floor Number : 0
Longitude : W88° 39' 28.1''
Latitude : N41° 33' 2.9''
Directions : Ridge Road to Monroe. Property on East side