Listing provided courtesy of Weichert, Realtors-Moke AgencyNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 840881
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Request Info1297-1299 W 15th AvenueGary, IN 46407
Multi-Family · 6 Beds · 2 Full Baths · 0.16 Acres$97,500
Active
1297-1299 W 15th Avenue Overview
- Time on Site:
- 11 days
- Visits:
- 0
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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1297-1299 W 15th Avenue Facts & Features
- Type Multi-Family
- Lot 0.16 Acres
Details
General
Association/HOA
- Association: false
Building Information
- New Construction: false
- Year Built: 1922
Location/Region
- County Or Parish: Lake
- Subdivision Name: Logan Park Second Add
- Township: Calumet
Rent/Lease Information
- Lease Considered: false
Tax Information
- Tax Annual Amount: 1207
- Tax Assessed Value: 40400
- Tax Year: 2025
General Information
- Listing Terms: Cash,Other,Conventional
- Parcel Number: 450809301023000004
- Pets Allowed: No
- Property Condition: Fixer
- Property Sub Type: Duplex
- Property Type: Residential Income
- Special Listing Conditions: None
Interior
Parking Information
- Garage: false
Beds/Baths
- Bathrooms Full: 2
- Bathrooms Half: 0
- Bathrooms Three Quarter: 0
- Bathrooms Total: 2
- Bedrooms Total: 6
Building Interior
- Above Grade Finished Area: 996
General Information
- Appliances: None
- Basement: false
- Fireplace: false
- Heating: None
- Interior Features: None
- Levels: Bi-Level
- Living Area Source: Assessor
- Rooms Total: 10
Exterior
Parking Information
- Parking Features: None
Lot Information
- Additional Parcels: false
- Lot Features: Back Yard,Rectangular Lot
- Lot Size Acres: 0.162
- Lot Size Source: Assessor
- Lot Size Square Feet: 7057
- Water Source: Public
Waterfront/View
- Waterfront: false
General Information
- Sewer: Public Sewer
1297-1299 W 15th Avenue Neighborhood
Community
46407 (Gary) Demographics
39
Median Age
2,572
Population Density (per sq. mile)
19%
College Educated
$22,387
Estimated Median Income
2,042
Estimated Total Home Owners
2,870
Estimated Total Renters
42% / 58%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.1297-1299 W 15th Avenue Monthly Cost
1297-1299 W 15th Avenue Market Data
Based on the last 30 days in this zip code
$82,703
Average List Price
$63
Average Price per Square Foot
10
Properties Sold
107
Average Days on Market
85
Properties for Sale
1297-1299 W 15th Avenue History
| Date | Value | Agent |
|---|---|---|
| 6/18/2026Source: Northwest Indiana MLS | June 18, 2026 |