Residential Income For Sale

1297-1299 15th Avenue, Gary, Indiana

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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.

Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : NRA840881
Price : $97,500
Bedrooms : 6
Rooms : 10
Bathrooms : 2
Half Bathrooms : 0
Year Built : 1922
Lot Area : 7,057 Sqft
Status : Active
Acres : 0.162
Property Subtype 1 : Duplex
Status : Active
Features
Heating System : No
Pet Policy : No
Parking : No
Interior Features : No
Appliances
Appliances : No
Address Map
Country : US
State : IN
County : Lake
City : Gary
Street : 15th
Street Number : 1297-1299
Street Suffix : Avenue
Postal Code : 46407
Floor Number : 0
Longitude : W88° 38' 46''
Latitude : N41° 35' 15.6''
Directions : Burr to 15th Ave, turn east property on south side of street
Subdivision : Logan Park Second Add
Township : Calumet
MLS Addon
Office Name : Weichert, Realtors-Moke Agency
Listing Agent MLS ID : NRA16439
Listing Office MLS ID : NRA769
Annual Tax Amount : $1,207
HOA/POA-Annual Amt. : $0
HOA/POA-Monthly Amt. : $0
Tax Year : 2025
Residential Income For Sale
  • Listing ID : NRA840881
  • Bedrooms : 6
  • Bathrooms : 2
  • Lot Area : 7,057 Sqft
$97,500
Agent info
Dan Kelley
Remax County Wide 1st
814 E LaSalle South Bend, IN 46617
Contact Agent