407 Dallas Street Gary, IN ^$ 85,000

407 Dallas Street

^$ 85,000

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407 Dallas Street

Gary, IN, 46406

^$ 85,000

Bedrooms2 Baths1.0 Sq 740

Monthly Estimate*

^$ 530

407 Dallas Street, Gary, IN 46406 - Image 1

407 Dallas Street, Gary, IN 46406 - Image 2

Single Family Home for sale in Gary, IN

for $85,000 with 2 bedrooms and 1 full bath. This 740 square foot home was built in 1949 on a lot size of 0.115.

Great investment opportunity! This tenant-occupied single-family rental brings in 850/month in rental income. The property features 2 bedrooms and 1 bathroom, offering a functional layout for long-term tenants. Conveniently located near local amenities, schools, and transportation routes, this home is an affordable addition to any rental portfolio.With reliable cash flow in place, this property is a solid choice for investors looking to expand in the Gary market.

Single Family Active

Price

^$ 85,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 878

Style

Single Family Residence

Lot Size

0.115

Year Built

1949

Town/City

Gary

County/Region

Lake

MLS | Web ID

826760

Features

Interior

Interior Amenities None

Fireplace Y/N N

Above Grade Finished Area 740

Half Baths 0

3/4 Baths 0

Total Bedrooms 2

Room Type Bedroom 2 Primary Bedroom Living Room Kitchen

Total Baths 1

General

Sewer Public Sewer

Heating Forced Air

Appliances None

Garage Spaces 1

Year Built 1949

View None

Township Calumet

Levels One

Property Subtype Single Family Residence

Tax Year 2024

County Lake

New Construction N

Property Type Residential

HOA N

Subdivision Name Leshwood

Garage Y/N Y

Total Rooms 4

Full Baths 1

Status Active

Directions From I-65 take I-80/I-94 West to the Broadway exit. Head north on Broadway turn right on 4th Avenue then left on Dallas Street -- the home at 407 Dallas St will be on the right.

City Gary

Lot Size Square Feet 5009

Listing Terms Cash Conventional

Property Attached Y/N N

Tax Annual Amount 878

Standard Status Active

Tax Assessed Value 35000

Legal Description LESHWOOD ON WEST FIFTH 2ND ADD. ALL L.2 BL.F N. 10 FT. L.3 BL.F

Exterior

Exterior Amenities None

Parking Features Detached

Lot Features Paved

Water Source Public

Lot Size Acres 0.115

Lot Size Source Assessor

Waterfront Y/N N

* Excluded Features

List By

Mackenzie Vandersluis

Listing Agent

Listing Leaders Northwest

Broker

mackenzie.hood@listingleadersnw.com

Affordability Calculator

$603

Per Month

Monthly Principal & Interest: $530
Monthly Property Taxes: $73
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Gary, IN

Average List Price ^$155,301

Percent of Sale Price 83%

About Gary, IN

71,243 Population

-31% Since 2002

^$29,286 Median Income

37.13 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1261196 Elementary School

1261197 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/28/2025	$85,000		Listed Price

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407 Dallas Street, Gary, IN, 46406 is a Single Family Home for sale at $85,000 with 740 sqft and a lot size of 0.115. 407 Dallas Street has 2 bedrooms, 1.0 baths, and was built in 1949. The property's zip code is 46406 which is in Gary, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/12/2025.

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407 Dallas Street

Single Family Home for sale in Gary, IN

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