4912 Melville Avenue East Chicago, IN ^$ 130,000

4912 Melville Avenue

^$ 130,000

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Recently Listed

4912 Melville Avenue

East Chicago, IN, 46312

^$ 130,000

Bedrooms5 Baths2.0

Monthly Estimate*

^$ 800

4912 Melville Avenue, East Chicago, IN 46312 - Image 1

4912 Melville Avenue, East Chicago, IN 46312 - Image 2

4912 Melville Avenue, East Chicago, IN 46312 - Image 3

4912 Melville Avenue, East Chicago, IN 46312 - Image 4

4912 Melville Avenue, East Chicago, IN 46312 - Image 5

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4912 Melville Avenue, East Chicago, IN 46312 - Image 11

Multi-Family Home for sale in East Chicago, IN

for $130,000 with 5 bedrooms and 2 full baths. This home was built in 1920 on a lot size of 0.0815.

Great income-producing opportunity in East Chicago! Perfect for investors or first-time buyers looking to offset their mortgage. This two-family home sits near the corner lot and offers a spacious 3-bedroom unit, and lower level 2-bedroom unit. Both include kitchen and bath updates, plus a large back porch perfect for added living space or storage. Major improvements include a newer roof, boiler, and hot water tank, giving you peace of mind as an owner. Whether you're looking to grow your portfolio or start investing, this property offers solid income potential in a convenient location.

Multi-Family Active

Price

^$ 130,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,128

Style

Duplex

Lot Size

0.0815

Year Built

1920

Town/City

East Chicago

County/Region

Lake

MLS | Web ID

832864

Features

Interior

Interior Amenities Laminate Counters

Fireplace Y/N N

Above Grade Finished Area 1070

Total Bedrooms 5

Total Baths 2

General

Sewer Public Sewer

Heating Hot Water

Appliances None

Pets Allowed Call

Year Built 1920

Township North

Levels One

Property Subtype Duplex

Tax Year 2024

County Lake

New Construction N

Property Type Residential Income

Subdivision Name Northwest Quarter

Garage Y/N N

Rent Includes Water

Full Baths 2

Status Active

Directions Take Indianapolis Blvd Turn right onto W Chicago Ave Turn right onto Melville Ave

City East Chicago

High School District City of East Chicago

Lot Size Square Feet 3550

Listing Terms Cash Other Conventional

Tax Annual Amount 1128

Standard Status Active

Legal Description SUBDIV. N2. N.W. S.33 T.37 R.9 ALL L.5 BL.2

Exterior

Lot Features Back Yard Near Public Transit Landscaped

Water Source Public

Lot Size Acres 0.0815

Lot Size Source Assessor

Waterfront Y/N N

* Excluded Features

List By

Thomasina Wilson

Listing Agent

Coldwell Banker Realty

Broker

thomasina.wilson@cbrealty.com

Affordability Calculator

$894

Per Month

Monthly Principal & Interest: $800
Monthly Property Taxes: $94
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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

Multi-family listings in East Chicago, IN

Average List Price ^$272,684

Percent of Sale Price 110%

About East Chicago, IN

27,350 Population

-16% Since 2002

^$28,332 Median Income

32.98 Median Age

35% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4001712 Elementary School

4001720 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/16/2026	$130,000		Listed Price

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4912 Melville Avenue, East Chicago, IN, 46312 is a Multi-Family Home for sale at $130,000 with a lot size of 0.0815. 4912 Melville Avenue has 5 bedrooms, 2.0 baths, and was built in 1920. The property's zip code is 46312 which is in East Chicago, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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 1/22/2026.

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4912 Melville Avenue

Multi-Family Home for sale in East Chicago, IN

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