1297-1299 W 15th Avenue, Gary, IN 46407

Gary
Local realty services provided by:Better Homes and Gardens Real Estate Connections
Listed by: dennis nichols
Office: weichert, realtors-moke agency219-662-3000
MLS#:840881
Source:Northwest Indiana AOR as distributed by MLS GRID
1297-1299 W 15th Avenue,Gary, IN 46407
$97,500
  • 6 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$97,500

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.

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Home facts

  • Year built:1922
  • Subdivision & Development:Logan Park Second Add
  • Listing ID #:840881
  • Added:148 day(s) ago
  • Updated:November 13, 2026 at 03:33 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:10
  • Basement Description:No Basement

Structure and exterior

  • Year built:1922
  • Lot area:0.16 Acres

Utilities

  • Water:Public

Finances and disclosures

  • Price:$97,500
  • Tax amount:$1,207 (2025)
Based on information submitted to the MLS GRID as of November 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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