$139,900

4138 W 20th Avenue, Gary, IN 46404

  • 2 beds |
  • 1 bath |
  • 981 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1954
  • Property Lot Size Icon5,009sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $143/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

Discover a well maintained, income producing property in a quiet residential pocket of Gary's west side. This solid single family home offers dependable cash flow from day one, making it an excellent opportunity for investors seeking a turnkey addition to their portfolio. Inside, the home features a comfortable layout with spacious living areas, generous bedroom sizes, and functional updates that support long term tenant satisfaction. The property has been cared for and stabilized, providing a reliable rental history and minimal upcoming maintenance needs. Outside, the home sits on a nicely sized lot with room for outdoor enjoyment, parking, and future value add potential. With the current tenant in place and paying fifteen fifty per month, this property delivers immediate returns without the downtime of leasing or renovations. Whether you're expanding your rental holdings or looking for a low maintenance investment, this home offers a strong blend of stability, affordability, and ongoing income.

Listing Status:
Active
Data Last Updated:
February 14, 2026 at 7:21AM
Listing Office:
McCormick Real Estate, Inc. : (219) 663-9300
Listing Agent:
Jeff McCormick :
MLS ID:
834040
  • General: None
  • Rooms: Bedroom 2Primary BedroomLiving RoomKitchenBedroom 3
  • Appliances: MicrowaveRefrigeratorRange
  • Laundry: Gas Dryer HookupWasher Hookup
  • Heating: Forced Air
  • Parking: DrivewayOn Street
  • General: One
  • Originating MLS: nira
  • County: Lake
  • Zoning: TARRYTOWN FIRST SUBDIVISION ALL L.28 BL.4450807378016000004
  • View: None
  • Utilities: Electricity ConnectedWater ConnectedSewer ConnectedNatural Gas Connected100 Amp Service
  • Water: Public
  • Sewer: Public Sewer
  • Source: nira

This listing courtesy of Jeff McCormick , McCormick Real Estate, Inc.

Monthly Payment

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

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Location

Schools Nearby

M

McCullough Academy

1110 W 21st Ave, Gary, IN, 46407

Grades KG-5

0.29 miles away

G

Gary Career Center

1800 E 35th Ave, Gary, IN, 46409

Grades KG-12

4.24 miles away

W

West Side Leadership Academy

9th & Gerry St, Gary, IN, 46406

Grades 9-12

1.29 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.

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