

Listed by Weichert Realtors Crown Point
$97,500
1297-1299 W 15th Avenue
Details
APN 450809301023000004
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Year Built 1922
Acreage 0.162
Multifamily
Marketing description
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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Listed by Weichert Realtors Crown Point
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Zoning
R4 ResidentialTwo FamilyResidential Two Family Dwelling
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View all 48 uses Last updated May 12, 2026 For deeper zoning details, reports are available at Zoneomics
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