5001 Magoun Avenue, East Chicago, IN 46312

East Chicago
Local realty services provided by:Better Homes and Gardens Real Estate Connections
Listed by: michael dailey
Office: listing leaders219-462-5478
MLS#:829086
Source:Northwest Indiana AOR as distributed by MLS GRID
5001 Magoun Avenue,East Chicago, IN 46312
$445,000
  • 9 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$445,000

About this home

This 4-unit property presents a strong, stabilized investment opportunity. Three of the four units have been recently updated, reducing near-term capital expenditure needs. All tenants were placed within the past 24 months through a thorough screening process, including criminal background, credit, and employment verification, resulting in a reliable tenant base and minimized turnover risk. With updated interiors, recent tenant placement, and professional management practices, 5001 Magoun Avenue offers investors a turnkey, income-producing asset with steady cash flow and reduced operational risk.

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Home facts

  • Year built:1900
  • Listing ID #:829086
  • Added:276 day(s) ago
  • Updated:July 13, 2026 at 03:08 PM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:4
  • Full bathrooms:4
  • Kitchen Description:Gas Range, Refrigerator
  • Basement:Yes
  • Basement Description:Basement

Structure and exterior

  • Year built:1900
  • Lot area:0.16 Acres
  • Lot Features:Corner Lot

Utilities

  • Water:Public

Finances and disclosures

  • Price:$445,000
  • Tax amount:$3,586 (2023)

Parking

  • Total parking spaces:4
  • Parking description:Driveway
  • Garage:Yes
  • Garage spaces:2
Based on information submitted to the MLS GRID as of July 13, 2026. 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. IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

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