4138 W 20th Avenue, Gary, IN 46404

• 2 beds |
• 1 bath |
• 981 sqft

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

Interior

• General: None
• Rooms: Bedroom 2Primary BedroomLiving RoomKitchenBedroom 3
• Appliances: MicrowaveRefrigeratorRange
• Laundry: Gas Dryer HookupWasher Hookup
• Heating: Forced Air

Exterior

• Parking: DrivewayOn Street

Construction

• General: One

Location

• Originating MLS: nira
• County: Lake

Lot

• Zoning: TARRYTOWN FIRST SUBDIVISION ALL L.28 BL.4450807378016000004
• View: None

Utilities

• Utilities: Electricity ConnectedWater ConnectedSewer ConnectedNatural Gas Connected100 Amp Service
• Water: Public
• Sewer: Public Sewer

Financial

• Source: nira