3898 Broadway Gary, IN 46408
Glen Park NeighborhoodEstimated payment $2,100/month
About This Home
Mixed-Use Investment Property - Prime Opportunity!Discover this exceptional mixed-use building offering 3 residential units and 2 street-level storefronts on Broadway. A perfect blend of residential and commercial space, this property is ideal for investors or owner-occupants seeking income-generating potential.- 2 of the 3 residential units are currently rented, providing immediate cash flow.- Both commercial storefronts offer excellent exposure for retail, office, or service-based businesses, with strong foot traffic.- The remaining residential unit is ready for occupancy or additional rental income.This is a rare opportunity to own a versatile property in a thriving area. Whether you're looking to expand your portfolio or establish a business with residential income on-site, this property checks all the boxes.Schedule your private showing today and explore the possibilities!
Listing Agent
Premier Midwest Realty, INC Brokerage Email: jgoreproperties@gmail.com License #RB14050155
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,455
Year Built
- Built in 1919
Interior Spaces
- 5,800 Sq Ft Home
- 2-Story Property
- Basement
Additional Features
- 5,793 Sq Ft Lot
- No Cooling
Listing and Financial Details
- Assessor Parcel Number 450828233040000004
Community Details
Overview
- 3 Units
- South Broadway Add 05 Subdivision
Pet Policy
- No Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $11,153 | $124,300 | $18,100 | $106,200 |
| 2023 | $4,659 | $126,500 | $18,100 | $108,400 |
| 2022 | $4,659 | $130,800 | $18,100 | $112,700 |
| 2021 | $4,381 | $123,000 | $18,100 | $104,900 |
| 2020 | $4,381 | $123,000 | $18,100 | $104,900 |
| 2019 | $4,290 | $123,000 | $18,100 | $104,900 |
| 2018 | $4,440 | $123,000 | $18,100 | $104,900 |
| 2017 | $4,056 | $109,300 | $5,900 | $103,400 |
| 2016 | $4,176 | $114,200 | $5,900 | $108,300 |
| 2014 | $3,734 | $111,800 | $2,000 | $109,800 |
| 2013 | $3,559 | $109,600 | $2,000 | $107,600 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/21/2025 05/21/25 | For Sale | $309,000 | -- | $53 / Sq Ft |
Source: Northwest Indiana Association of REALTORS®
MLS Number: 821477
APN: 45-08-28-233-040.000-004
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