Residential Income For Sale

521 Taney Street, Gary, Indiana

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Property Description

Turnkey Four-Unit Investment Opportunity in Gary, Indiana Discover a well-maintained, fully occupied four-unit property designed with the feel and layout of four individual row houses or single-family townhomes–without an HOA. Each unit features its own private, individual entrance, giving residents the privacy and independence of a traditional single-family home while providing the income benefits of a multifamily investment. Each residence offers a comfortable 2-bedroom, 1-bathroom floor plan, with all four units thoughtfully updated within the past four years with modern finishes and refreshed interiors. The result is an attractive, functional rental property designed to appeal to today’s tenants. With all four units currently occupied, the property offers an investor immediate rental income and an established tenant base. The individual entrances and townhouse-style configuration create a unique layout that sets this property apart from a conventional apartment building. Whether you’re an experienced investor looking to expand your portfolio or seeking a stabilized multifamily asset, 521 Taney offers an excellent combination of updated units, private entrances, four separate 2-bedroom residences, no HOA, and full occupancy. Property Highlights: Four-unit multifamily property Each unit has its own private entrance Row-house / townhouse-style design Four separate 2-bedroom, 1-bath units No HOA All units updated within the past four years Modern interior finishes Fully occupied Multiple rental income streams Strong turnkey investment opportunity Ideal addition to an income-producing portfolio

Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : NRA843964
Price : $400,000
Bedrooms : 8
Rooms : 16
Bathrooms : 4
Half Bathrooms : 0
Year Built : 1948
Lot Area : 9,365 Sqft
Status : Active
Acres : 0.215
Property Subtype 1 : Quadruplex
Status : Active
Features
Heating System : Forced Air, Hot Water, Individual Unit
Basement : Yes
Pet Policy : Dogs Ok, Cats Ok
Parking : Alley Access
Exterior Features : Rain Gutters, Lighting
Interior Features : Ceiling Fan(s), Granite Counters
Appliances
Appliances : Refrigerator, Gas Range
Address Map
Country : US
State : IN
County : Lake
City : Gary
Street : Taney
Street Number : 521
Street Suffix : Street
Postal Code : 46404
Floor Number : 0
Longitude : W88° 37' 31.2''
Latitude : N41° 36' 4.5''
Directions : Near Clark Rd & W 5th Ave
Subdivision : Waverly Park
Township : Calumet
MLS Addon
Office Name : Coldwell Banker Realty
Listing Agent MLS ID : NRA19290
Listing Office MLS ID : NRA166
Annual Tax Amount : $3,670
HOA/POA-Annual Amt. : $0
HOA/POA-Monthly Amt. : $0
Tax Year : 2024
Residential Income For Sale
  • Listing ID : NRA843964
  • Bedrooms : 8
  • Bathrooms : 4
  • Lot Area : 9,365 Sqft
$400,000
Agent info
Dan Kelley
Remax County Wide 1st
814 E LaSalle South Bend, IN 46617
Contact Agent