304 Polk Street Gary, IN ^$ 80,000

304 Polk Street

^$ 80,000

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Recently Listed

304 Polk Street

Gary, IN, 46402

^$ 80,000

Bedrooms6 Baths3.0

Monthly Estimate*

^$ 493

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Multi-Family Home for sale in Gary, IN

for $80,000 with 6 bedrooms and 3 full baths. This home was built in 1924 on a lot size of 0.0612.

Brick 3-unit investment opportunity with strong upside potential! This multi-family property offers spacious units and solid brick construction, making it an ideal value-add project for investors, rehabbers, or landlords looking to expand their portfolio. Property needs repairs and updates but has excellent income-producing potential once renovated. Conveniently located near major highways, shopping, schools, and public transportation. Property is being sold As-Is. Cash or renovation financing recommended. Great opportunity to restore and build equity!

Multi-Family Active

Price

^$ 80,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 356

Style

Triplex

Lot Size

0.0612

Year Built

1924

Town/City

Gary

County/Region

Lake

MLS | Web ID

839608

Features

Interior

Interior Amenities None

Fireplace Y/N N

Above Grade Finished Area 3746

Half Baths 0

3/4 Baths 0

Laundry Features Lower Level

Total Bedrooms 6

Total Baths 3

General

Sewer Public Sewer

Heating None

Appliances None

Garage Spaces 2

Pets Allowed Cats OK Dogs OK

Year Built 1924

Township Calumet

Levels Tri-Level

Property Subtype Triplex

Tax Year 2024

County Lake

New Construction N

Property Type Residential Income

Subdivision Name Gary Land Companys 01

Garage Y/N Y

Rent Includes Other

Full Baths 3

Status Active

Directions Melton Rd to Polk st to Address

City Gary

Lot Size Square Feet 2666

Listing Terms Cash

Tax Annual Amount 356

Property Condition Fixer

Lease Considered Y/N N

Standard Status Active

Tax Assessed Value 14200

Legal Description GARY LAND CO'S 1ST SUB. ALL L.22 BL.113

Exterior

Parking Features On Street Off Street

Lot Features Back Yard Front Yard

Water Source Public

Lot Size Acres 0.0612

Lot Size Source Assessor

Waterfront Y/N N

* Excluded Features

List By

Georgeann Weisman

Listing Agent

Brokerworks Group

Broker

gweisman13@yahoo.com

Affordability Calculator

$522

Per Month

Monthly Principal & Interest: $493
Monthly Property Taxes: $30
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 Gary, IN

Average List Price ^$178,434

Percent of Sale Price 123%

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
5/27/2026	$80,000		Listed Price

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304 Polk Street, Gary, IN, 46402 is a Multi-Family Home for sale at $80,000 with a lot size of 0.0612. 304 Polk Street has 6 bedrooms, 3.0 baths, and was built in 1924. The property's zip code is 46402 which is in Gary, 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 5/27/2026.

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304 Polk Street

Multi-Family Home for sale in Gary, IN

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