5040 Walsh Avenue East Chicago, IN $ 230,000
5040 Walsh Avenue
$ 230,000
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5040 Walsh Avenue

East Chicago, IN, 46312
$ 230,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 1,416

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Multi-Family Home for sale in East Chicago, IN

for $230,000 with 4 bedrooms and 2 full baths. This home was built in 1925 on a lot size of 0.11.

Income in Place, Flexibility to Grow! A solid opportunity to add to your portfolio in the Roxana neighborhood of East Chicago. This 2-unit property features two 2 bed, 1 bath units, offering a practical setup for both immediate income and flexibility. One unit is currently rented on a month-to-month lease, providing income with the option to adjust terms, while the second unit is vacant and ready for a new tenant. A straightforward investment with the ability to stabilize and manage on your terms.

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Multi-Family Pending

Price

$ 230,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,383

Style

Duplex

Lot Size

0.11

Year Built

1925

Town/City

East Chicago

County/Region

Lake

MLS | Web ID

838236

Features
Interior
Interior Amenities Ceiling Fan(s)
Fireplace Y/N N
Above Grade Finished Area 1584
Laundry Features Gas Dryer Hookup Washer Hookup Lower Level
Total Bedrooms 4
Total Baths 2
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General
Sewer Public Sewer
Heating Forced Air Natural Gas
Utilities Electricity Connected Water Connected Sewer Connected Natural Gas Connected
Appliances Dryer Washer Gas Range
Patio/Porch Features Covered Porch
Pool Features None
Pets Allowed Yes
Year Built 1925
View Neighborhood
Township North
Levels Two
Property Subtype Duplex
Tax Year 2024
County Lake
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Walshs Add
Garage Y/N N
Full Baths 2
Status Pending
Directions 41 N TO 150TH W To Walsh St Home will be on the left.
City East Chicago
Lot Size Square Feet 4791.6
Listing Terms Conventional VA Loan FHA
Tax Annual Amount 2383
Standard Status Pending
Tax Assessed Value 163900
Legal Description WALSH'S ADD. S2. L.19 BL.2 ALL L.20 BL.2
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Exterior
Exterior Amenities Balcony
Parking Features Alley Access On Street
Lot Features Back Yard
Water Source Public
Lot Size Acres 0.11
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Manuel Hernandez

Listing Agent

Simplify Your Move! Realty Inc

Broker

manny@teamhernandez.com

Email

Affordability Calculator

$1,615
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,416
Monthly Property Taxes
$199
Monthly 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
1261196 Elementary School
1261197 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/4/2026$230,000 Listed Price

Map


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5040 Walsh Avenue, East Chicago, IN, 46312 is a Multi-Family Home for sale at $230,000 with a lot size of 0.11. 5040 Walsh Avenue has 4 bedrooms, 2.0 baths, and was built in 1925. The property's zip code is 46312 which is in East Chicago, IN