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2480 Sullivan Street Lake Station, IN $ 199,900
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2480 Sullivan Street
$ 199,900
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2480 Sullivan Street

Lake Station, IN, 46405
$ 199,900
Bedrooms4 Baths2.0

Monthly Estimate*

$ 1,231

2480 Sullivan Street, Lake Station, IN 46405 - Image 1
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Multi-Family Home for sale in Lake Station, IN

for $199,900 with 4 bedrooms and 2 full baths. This home was built in 1920 on a lot size of 0.114.

Fantastic opportunity for investors or owner-occupants looking to offset their mortgage with rental income! This well-maintained two-unit property offers spacious layouts and great income potential. The main level unit features 2 bedrooms, 1 full bath, kitchen, and an open living/dining room combo, plus access to a full basement with laundry hookups and additional storage space. The upper-level unit also offers 2 bedrooms, 1 full bath, kitchen, and an open concept living/dining room combo, along with a dedicated laundry room/closet. Large backyard provides plenty of outdoor space for entertaining, relaxing, extra parking or future possibilities. Whether you're looking to expand your investment portfolio or live in one unit while the tenant helps pay the mortgage, this property is full of potential!

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Multi-Family Active

Price

$ 199,900

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,449

Style

Duplex

Lot Size

0.114

Year Built

1920

Town/City

Lake Station

County/Region

Lake

MLS | Web ID

838865
Features
Interior
Interior Amenities Ceiling Fan(s) Open Floorplan
Fireplace Y/N N
Above Grade Finished Area 1854
Laundry Features Lower Level Upper Level Laundry Room
Total Bedrooms 4
Total Baths 2
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General
Sewer Public Sewer
Heating Forced Air Natural Gas
Utilities Cable Available Water Connected Sewer Connected Natural Gas Connected Electricity Connected
Appliances Range Refrigerator
Patio/Porch Features Porch
Pool Features None
Pets Allowed No
Year Built 1920
View Neighborhood
Township Hobart
Levels Two
Property Subtype Duplex
Tax Year 2024
County Lake
New Construction N
Property Type Residential Income
HOA N
Subdivision Name East Gary R
Garage Y/N N
Rent Includes See Remarks
Full Baths 2
Status Active
Directions Take Ripley st to Central turn left (east) on Central take central ave to Sullivan St turn right (south) .. home is on the right
City Lake Station
Lot Size Square Feet 4966
Listing Terms Cash VA Loan FHA Conventional
Tax Annual Amount 3449
Standard Status Active
Tax Assessed Value 137200
Legal Description E. GARY REAL ESTATE CO'S. 1ST ADD. ALL L.18 BL.8
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Exterior
Parking Features Asphalt On Street
Lot Features Back Yard
Water Source Public
Lot Size Acres 0.114
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Jamie Garcia-Crisman

Listing Agent

Realty Executives Premier

Broker

jamie.garcia4241@gmail.com

Email

Affordability Calculator

$1,518
Per Month
81%
19%
0%
Monthly Principal & Interest
$1,231
Monthly Property Taxes
$287
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/14/2026$199,900 Listed Price

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2480 Sullivan Street, Lake Station, IN, 46405 is a Multi-Family Home for sale at $199,900 with a lot size of 0.114. 2480 Sullivan Street has 4 bedrooms, 2.0 baths, and was built in 1920. The property's zip code is 46405 which is in Lake Station, IN

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