1297 W 15th Ave Gary, IN 46407
Midtown NeighborhoodEstimated payment $636/month
About This Home
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.
Listing Agent
Weichert, Realtors-Moke Agency License #RB20001421 Listed on: 06/18/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,207
Year Built
- Built in 1922
Lot Details
- 7,057 Sq Ft Lot
Parking
- Garage
Home Design
- 996 Sq Ft Home
- Duplex
- Fixer Upper
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Utilities
- No Cooling
- No Heating
Listing and Financial Details
- Assessor Parcel Number 450809301023000004
Community Details
Overview
- No Home Owners Association
- 2 Units
- Logan Park Second Add Subdivision
Pet Policy
- No Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/18/2026 06/18/26 | For Sale | $97,500 | -- | $98 / Sq Ft |
Source: Northwest Indiana Association of REALTORS®
MLS Number: 840881
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Listings courtesy of Northwest Indiana Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.