$55,000

1295 W 16th Avenue, Gary, IN 46407

  • 4 beds |
  • 2 baths
  • Property Icon Triplex
  • Property Year Built Icon Built in 1918
  • Property Lot Size Icon5,502sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

MOTIVATED SELLER willing to negotiate! Fantastic investment opportunity or Ideal for buyers looking to offset their mortgage with rental income. This 3-unit property offers excellent income potential for the savvy buyer. With a little TLC and elbow grease, this multi-unit can become a strong cash-flowing asset or owner-occupied income property. Spacious layout with solid bones and plenty of upside. Bring your vision and unlock the possibilities!

Listing Status:
Active
Data Last Updated:
April 3, 2026 at 3:20PM
Listing Office:
Listing Leaders MVPs : (219) 213-2279
Listing Agent:
Kevin Rawls :
MLS ID:
834749
  • General: None
  • Appliances: None
  • Basement: Bath/StubbedWalk-Out AccessUnfinished
  • Heating: None
  • Parking: Alley AccessOff StreetDetached
  • General: Two
  • Originating MLS: nira
  • County: Lake
  • Zoning: 2ND LOGAN PARK ADD. L.1 BL.4 L.2 BL.4450809302022000004
  • Utilities: Electricity AvailableWater AvailableSewer AvailableNatural Gas Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: nira

This listing courtesy of Kevin Rawls , Listing Leaders MVPs

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Beveridge Elementary School

1234 Cleveland St, Gary, IN, 46404

Grades KG-5

0.52 miles away

G

Gary Career Center

1800 E 35th Ave, Gary, IN, 46409

Grades KG-12

2.94 miles away

W

West Side Leadership Academy

9th & Gerry St, Gary, IN, 46406

Grades 9-12

2.86 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.