815 W 25th Avenue, Gary, IN 46407

Local realty services provided by:Better Homes and Gardens Real Estate Connections
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Listed by:dennis nichols
Office:weichert, realtors-moke agency
MLS#:824395
Source:Northwest Indiana AOR as distributed by MLS GRID
815 W 25th Avenue,Gary, IN 46407
$94,000
  • 3 Beds
  • 1 Baths
  • - sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$94,000

About this home

Turnkey Rental Property. 9.3 Cap Rate!Investor special! This 3-bedroom, 1-bath single-family home offers an excellent opportunity to build or expand your portfolio with a solid return. Currently occupied by a reliable long-term tenant on a month-to-month lease at 1,000 per month, this property provides immediate income with a 9.3 cap rate at the current asking price. The home features a newer roof and windows, offering peace of mind and reduced maintenance costs. The tenant has been in place long term, offering stability with flexibility for future plans. Located in a strong rental market, this home is ideal for investors seeking cash flow now and value-add potential later.With 12,000 in annual gross income and minimal vacancy risk, the numbers make sense from day one. The property is being sold As Is, with plenty of upside for future rent increases or improvements that could boost value and returns. Whether you're a seasoned investor or just getting started, this is a smart,

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Home facts

  • Year built:1945
  • Listing Id #:824395
  • Added:28 day(s) ago
  • Updated:July 29, 2025 at 09:16 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1

Structure and exterior

  • Year built:1945
  • Lot area:0.06 Acres

Utilities

  • Water:Public

Finances and disclosures

  • Price:$94,000
  • Tax amount:$1,520 (2024)
Based on information submitted to the MLS GRID as of July 29, 2025. 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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