400 E 20th Avenue, Gary, IN 46407

Gary
Local realty services provided by:Better Homes and Gardens Real Estate Connections
Listed by: chanelle mcgee
Office: @properties/christie's intl re
MLS#:826470
Source:Northwest Indiana AOR as distributed by MLS GRID
400 E 20th Avenue,Gary, IN 46407
$52,500
  • 14 Beds
  • 8 Baths
  • - sq. ft.
  • Multi-family
  • Sold

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Price summary

  • Price:$52,500

About this home

BRING YOUR BEST OFFER!! Investor Special - 8-Unit Building with Huge Potential!Attention investors and rehabbers! This 8-unit property offers a rare opportunity to add tremendous value through a full gut rehab. Featuring a main building with a storefront plus multiple residential units, as well as two additional houses in the back, this property has flexible layouts and endless potential.Main Building:First Floor: Front commercial storefront plus 2 large residential units (each 2 bed/1 bath, with potential to convert to 3 bedrooms).Second Floor: Two spacious 2 bed/1 bath units.Basement: Potential to build out 2 additional apartments.Back Houses (2 Units Each):First Floor: 2 bed/1 bath units.Basement: 1 bed/1 bath units.Current tenant occupies one 2 bed/1 bath unit.This property is ideal for an investor looking for strong rental income potential or a savvy buyer ready to house-hack--live in one unit while renovating and renting the rest. Once rehabbed, this building has the potential...

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Home facts

  • Year built:1930
  • Listing ID #:826470
  • Added:217 day(s) ago
  • Updated:March 28, 2026 at 02:23 AM

Rooms and interior

  • Bedrooms:14
  • Total bathrooms:8
  • Full bathrooms:8
  • Rooms Total:14
  • Basement:Yes
  • Basement Description:Basement

Structure and exterior

  • Year built:1930
  • Lot Features:Corner Lot

Utilities

  • Water:Public

Finances and disclosures

  • Price:$52,500
  • Tax amount:$3,176 (2024)
Based on information submitted to the MLS GRID as of March 28, 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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