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Midtown Condo for Sale

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    $94,000

    • 3 Beds
    • 1 Bath
    • 636 Sq Ft

    815 W 25th Ave, Gary, IN 46407

    Turnkey Rental Property. 10.0 Cap Rate! Investor special! This 3-bedroom, 1-bath single-family home offers an excellent opportunity to build or expand your portfolio with a solid return. Currently occupied by a reliable long-term tenant on a month-to-month lease at 1,000 per month, this property provides immediate income with a 10.0 cap rate at the current asking price. The home features a newer

    Dennis Nichols Weichert, Realtors-Moke Agency

    815 W 25th Ave, Gary, IN 46407

Why Live in Midtown

Midtown is a Gary neighborhood best known for including the childhood home of the Jackson 5, a popular tourist destination. The community features a mix of single-family homes, including bungalows and ranch-style homes from the early 20th century. There are also a few split-level homes. Midtown's properties vary in condition, ranging from those in need of repair to those that are move-in ready. Multi-family properties are less common but are available. Green spaces include Roosevelt Park, which has basketball courts and ball fields. Ironwood Park features a picnic area, and the city plans to install sensory-friendly equipment in its playground. Most shopping and dining take place along Broadway, where Save More Foods offers a variety of grocery and everyday essentials. Carolina Meat Locker & Grocery and Sam’s Market provide alternatives near eateries like J’s Breakfast Club and Lo’Shell’s Cajun and Creole Flavors. Key transportation routes include Broadway and Interstate 94, with downtown Gary 1 mile north and Chicago 31 miles northwest. The nearest emergency room is at Methodist Hospitals Northlake Campus, roughly 2 miles away.

Home Trends in Midtown, IN

Housing Trends

Median Sale Price
$48,000
Median Single Family Sale Price
$60,000
Median Townhouse Sale Price
$50,000
Average Price Per Sq Ft
$56
Number of Homes for Sale
39
Last 12 months Home Sales
105
Months of Supply
4.50
Median List Price
$60,000
Median Change From 1st List Price
11%
Median Home Sale Price YoY Change
7%
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