2228 Washington St Gary, IN 46407
Midtown NeighborhoodEstimated payment $1,166/month
Highlights
- Deck
- Porch
- Vinyl Flooring
- Neighborhood Views
- Central Heating
About This Home
Be a part of Gary's Comeback with this Turnkey Cash-Flowing Brick Duplex in the Heart of Gary's Revitalization Don't miss this opportunity to own a fully occupied, income-producing from day one brick duplex in one of Gary's most exciting investment corridors. Whether you're looking to expand your portfolio or purchase your first multifamily property, this investment offers immediate rental income from day one. Both units are currently occupied, with one tenant on a month-to-month lease providing future flexibility, while the second unit is leased through February 2027, offering stable, predictable cash flow. This property has been professionally managed and maintained, and the current property management company is available to continue management for a smooth, turnkey transition if desired. Location is everything, and this property is ideally situated in the heart of Gary's ongoing revitalization. With continued public and private investment throughout the area, you're not just purchasing a duplex, you're investing in a community experiencing meaningful redevelopment and renewed momentum. Enjoy strong rental demand today while positioning yourself to benefit from the area's long-term potential. The total rent right now is 1760 (which we know in today's market is on the low side) so rent both units and cash flow from day one or live in one unit and let the other tenant help you pay your mortgage down. Solid brick construction, immediate income, professional management, and an exceptional location make this a rare opportunity for investors seeking both cash flow and future upside. Schedule your showing today and secure your place in Gary's next chapter before this opportunity is gone.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,126
Year Built
- Built in 1908
Lot Details
- 6,055 Sq Ft Lot
Home Design
- Duplex
Interior Spaces
- 1,672 Sq Ft Home
- 2-Story Property
- Vinyl Flooring
- Neighborhood Views
- Range Hood
- Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Deck
- Porch
Utilities
- No Cooling
- Central Heating
Community Details
- 2 Units
- C T L & L Co Add 06 Subdivision
Listing and Financial Details
- The owner pays for management, taxes
- Assessor Parcel Number 450816235028000004
Map
Home Values in the Area
Average Home Value in this Area
Tax 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.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,230 | $48,900 | $6,800 | $42,100 |
| 2024 | $3,932 | $44,900 | $6,800 | $38,100 |
| 2023 | $1,125 | $44,600 | $7,700 | $36,900 |
| 2022 | $871 | $34,000 | $3,000 | $31,000 |
| 2021 | $871 | $34,000 | $3,000 | $31,000 |
| 2020 | $871 | $34,000 | $3,000 | $31,000 |
| 2019 | $785 | $34,000 | $3,000 | $31,000 |
| 2018 | $1,009 | $42,600 | $3,000 | $39,600 |
| 2017 | $1,039 | $43,200 | $3,000 | $40,200 |
| 2016 | $1,066 | $45,100 | $3,000 | $42,100 |
| 2014 | $936 | $66,300 | $3,600 | $62,700 |
| 2013 | $679 | $63,800 | $3,600 | $60,200 |
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 |
|---|---|---|---|---|
| 08/04/2026 08/04/26 | Price Changed | $195,000 | -1.5% | $117 / Sq Ft |
| 07/19/2026 07/19/26 | Price Changed | $197,900 | -1.0% | $118 / Sq Ft |
| 06/08/2026 06/08/26 | For Sale | $199,900 | -- | $120 / Sq Ft |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Trustee Deed | $41,000 | Indiana Title Network Co | |
| Deed | -- | Chicago Title Insurance Comp | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | $5,431 | -- |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $67,000 | New Conventional | |
| Closed | $46,000 | Unknown |
Source: Northwest Indiana Association of REALTORS®
MLS Number: 840398
APN: 45-08-16-235-028.000-004
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Copyright 2026 Multiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listings courtesy of Northwest Indiana Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
- 2180 Massachusetts St
- 2395 Jefferson St
- 2279 Connecticut St
- 2309 Connecticut St
- 2144-46 Washington St
- 2415 Jefferson St
- 555 W 22nd Place
- 2333 Connecticut St
- 2337 Connecticut St
- 2376 Connecticut St
- 1957 Adams St
- 1953 Adams St
- 1961 Adams St
- 1965 Adams St
- 1969-73 Adams St
- 2441 Jefferson St
- 2420 Connecticut St
- 2279 Delaware St
- 2409 Pennsylvania St
- 1979 Connecticut St
- 2338 Monroe St
- 1971 Massachusetts St
- 1971 Massachusetts St
- 2315 Industrial Blvd
- 2425 Prospect St
- 2435 Diamond St
- 2326 Rhode Island Ct
- 1712 Carolina St Unit 1
- 837 W 27th Ave Unit A
- 1340 Washington St Unit 1315-101
- 1170 Connecticut St Unit 1
- 1301 Pennsylvania St Unit 6
- 1301 Pennsylvania St Unit 1
- 811 E 15th Ave
- 1166 Connecticut St Unit 6
- 1236 W 17th Ave Unit 3
- 1973 Ohio St
- 1304 Garfield St Unit 2
- 630 E 8th Ave
- 630 E 8th Ave
Ask me questions while you tour the home.