$299,000
$10K PRICE DROP

3898 Broadway Gary, IN 46408

Glen Park Neighborhood

Estimated payment $2,023/month

Total Views 1,490
-- Bed
-- Bath
5,800 Sq Ft
$52 Price per Sq Ft

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! Owner Financing is Available.

Listing Agent

Johnette Gore

Premier Midwest Realty, INC Brokerage Email: jgoreproperties@gmail.com License #RB14050155 Listed on: 05/21/2025

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,455

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1919
  • Reso Property Sub Type: Triplex
  • ResoLotFeatures: Other
  • Co List Office Mls Id: NRA1400
  • Subdivision Name: South Broadway Add 05
  • Above Grade Finished Sq Ft: 5800
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Attribution Contact: jgoreproperties@gmail.com
  • NumberOfStores: 2
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Other
  • Interior Amenities: Other
  • Basement: Unfinished
  • Basement YN: Yes

Exterior Features

  • Exterior Features: Other
  • Acres: 0.133
  • Waterfront: No

Garage/Parking

  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Other
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 5793
  • Parcel #: 450828233040000004

Rental Info

  • Pets Allowed: No
  • Owner Pays: Sewer, Water, Trash Collection

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4455

Multi Family

  • Number Of Units Total: 3

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 Price Changed $299,000 -3.2% $52 / Sq Ft
05/21/2025 05/21/25 For Sale $309,000 -- $53 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Source: Northwest Indiana Association of REALTORS®

MLS Number: 821477

Northwest Indiana Association of REALTORS®

APN: 45-08-28-233-040.000-004

Indiana Lake County Gary 46408 Glen Park

3898 Broadway, Gary, IN

This home is located at 3898 Broadway, Gary, IN 46408 and is currently priced at $299,000, approximately $51 per square foot. This property was built in 1919. 3898 Broadway is a home located in Lake County with nearby schools including Glen Park Academy for Excellence in Learning, Bailly Preparatory Academy, and West Side Leadership Academy.

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.

Northwest Indiana Association of REALTORS® Copyright 2025 MuItiple 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.

Nearby Homes
Johnette Gore
Listing Agent
Johnette Gore
Section Image
Premier Midwest Realty, INC
(219) 257-0751