Residential Income For Sale

4941 Northcote Avenue, East Chicago, Indiana

QR Code
Property Description

Calling all investors, rehabbers, and owner-occupants looking to build equity! Zoned R-4, and subject to buyer verification and City approvals. This solid brick duplex offers tremendous upside potential and multiple value-add opportunities. Featuring two spacious units, each unit includes 2 bedrooms, a kitchen, dining room, walk-in pantry, and an additional flex room that can be utilized as an office, den, storage space, or other permitted use. The full basement presents a unique opportunity for additional income potential. Zoned R-4, and subject to buyer verification and City approvals, the basement may offer the possibility of conversion into a third unit. Whether you choose to create additional rental income, provide tenant storage and laundry facilities, or customize the space to fit your investment strategy, the possibilities are plentiful. The walk-up attic provides abundant storage space with easy stair access, while the detached 2-car concrete garage facing the alley offers additional tenant parking, storage, or workspace options. Nearby Amenities convenient access to major highways including I-90 (Indiana Toll Road), I-80/94, and Cline Avenue for commuting throughout Northwest Indiana and Chicago. Minutes from the NICTD South Shore – East Chicago Station providing rail access to Downtown Chicago and South Bend. Close to Kosciuszko Park, Tod Park, and the East Chicago Parks system offering recreational opportunities, playgrounds, sports facilities, and outdoor activities. Near Jeorse Park Beach on Lake Michigan featuring beach access, playgrounds, and recreational amenities.

Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : NRA840619
Price : $199,900
Bedrooms : 4
Rooms : 10
Bathrooms : 2
Half Bathrooms : 0
Year Built : 1915
Lot Area : 4,480 Sqft
Status : Active
Acres : 0.1028
Property Subtype 1 : Duplex
Status : Active
Features
Heating System : Hot Water, Natural Gas, Individual Unit, Unit Control
Basement : Yes
Pet Policy : No
Parking : Detached, Paved, On Street, Additional Parking, Alley Access, Garage Faces Rear
Interior Features : Ceiling Fan(s), Walk-in Closet(s), Eat-in Kitchen, Pantry, Laminate Counters
Appliances
Appliances : Refrigerator, Gas Range, Gas Water Heater
Address Map
Country : US
State : IN
County : Lake
City : East Chicago
Street : Northcote
Street Number : 4941
Street Suffix : Avenue
Postal Code : 46312
Floor Number : 0
Longitude : W88° 30' 55.6''
Latitude : N41° 37' 24.5''
Directions : From Indianapolis Blvd, head east on 149th St, north on Northcote Ave. Property is on the east side of the street near 149th St.
Subdivision : Nw1/4
Township : North
MLS Addon
Office Name : Favela Real Estate, LLC
Listing Agent MLS ID : NRA12588
Listing Office MLS ID : NRA2318
Annual Tax Amount : $1,782
HOA/POA-Annual Amt. : $0
HOA/POA-Monthly Amt. : $0
Tax Year : 2025
Residential Income For Sale
  • Listing ID : NRA840619
  • Bedrooms : 4
  • Bathrooms : 2
  • Lot Area : 4,480 Sqft
$199,900
Agent info
Dan Kelley
Remax County Wide 1st
814 E LaSalle South Bend, IN 46617
Contact Agent