Residential Income For Sale

251 Polk Street, Gary, Indiana

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Property Description

Investor’s Dream in Gary, Indiana! Welcome to 251 Polk Street, a solid duplex with tons of potential! Currently owner-occupied, this property already has the essentials covered — featuring a newer roof, furnace, and water heater, so you can skip the costly repairs and focus on cosmetic updates. Each unit offers 2 spacious bedrooms and 1 full bathroom, along with an open-concept living, dining, and kitchen area that’s perfect for modern living. With a little remodeling, this property could easily become a high-performing income generator or a great house hack opportunity for someone looking to live in one unit and rent the other. This is your chance to grab a property with great bones, strong rental potential, and minimal upfront investment — don’t miss out on this hidden gem in Gary!

Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : NRA830253
Price : $85,000
Bedrooms : 4
Rooms : 8
Bathrooms : 0
Half Bathrooms : 0
Year Built : 1924
Lot Area : 3,920.40 Sqft
Status : Active
Acres : 0.09
Property Subtype 1 : Duplex
Status : Active
Features
Heating System : Forced Air
Pet Policy : Yes
Exterior Features : Balcony
Interior Features : No
Appliances
Appliances : Microwave, Dryer, Refrigerator, Water Softener Owned, Range
Address Map
Country : US
State : IN
County : Lake
City : Gary
Street : Polk
Street Number : 251
Street Suffix : Street
Postal Code : 46402
Floor Number : 0
Longitude : W88° 39' 2.1''
Latitude : N41° 36' 23.4''
Directions : Head toward Broadway in Gary and turn onto 5th Avenue, then continue until you reach Polk Street. Turn north onto Polk Street and follow it a short distance; 251 Polk Street will be on your right near 2nd Avenue in the midtown area of Gary, Indiana.
Subdivision : Neighborhood- 2527
Township : Calumet
MLS Addon
Office Name : Integrity Realty Partners
Listing Agent MLS ID : NRA18888
Listing Office MLS ID : NRA1935
Annual Tax Amount : $528
HOA/POA-Annual Amt. : $0
HOA/POA-Monthly Amt. : $0
Tax Year : 2024
Residential Income For Sale
  • Listing ID : NRA830253
  • Bedrooms : 4
  • Bathrooms : 0
  • Lot Area : 3,920.40 Sqft
$85,000
Agent info
Dan Kelley
Remax County Wide 1st
814 E LaSalle South Bend, IN 46617
Contact Agent