1531 Van Buren Street Gary, IN ^$ 39,000

1531 Van Buren Street

^$ 39,000

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Recently Listed

1531 Van Buren Street

Gary, IN, 46407

^$ 39,000

Studio Baths0.0

Monthly Estimate*

^$ 246

1531 Van Buren Street, Gary, IN 46407 - Image 1

1531 Van Buren Street, Gary, IN 46407 - Image 2

Studio

Multi-Family Home for sale in Gary, IN

for $39,000. This home was built in 1922 on a lot size of 0.07.

THREE POSSIBLE UNITS TO RENT- Live in one and rent out the other or rent all three for MAXIMUM CASH FLOW! Get in on the ground floor of Gary's burgeoning renaissance. The city has recently undergone significant development and reinvestment. Gary is at the center of America's crossroads and offers close proximity to the shores of Lake Michigan and Chicago. Also nearby public transport options such as the Southshore train and new entertainment options such as Hard Rock Casino and the upcoming Lake County Convention and Visitors Center. This location will almost certainly see high appreciation for years to come.

Multi-Family Active

Price

^$ 39,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 768

Style

Triplex

Lot Size

0.07

Year Built

1922

Town/City

Gary

County/Region

Lake

MLS | Web ID

843139

Features

Interior

Interior Amenities None

Fireplace Y/N N

Above Grade Finished Area 1104

General

Sewer Public Sewer

Heating Baseboard Hot Water

Utilities Electricity Available Water Available Sewer Available Natural Gas Available

Appliances None

Pets Allowed No

Year Built 1922

Township Calumet

Levels One

Property Subtype Triplex

Tax Year 2025

County Lake

New Construction N

Property Type Residential Income

Subdivision Name Ctl & Co's 5th All

Garage Y/N N

Rent Includes See Remarks

Status Active

Directions Heading NORTH on Broadway head WEST/make a LEFT onto W 15th Avenue. From W 15th Avenue make a LEFT onto Van Buren St and multi-unit property will be on the LEFT hand side.

City Gary

Zoning Description Residential

Lot Size Square Feet 3049.2

Listing Terms Cash

Tax Annual Amount 768

Property Condition Fixer

Lease Considered Y/N N

Standard Status Active

Legal Description C. T. L. & I. CO'S. 5TH ALL L.21 BL.24

Exterior

Parking Features On Street

Lot Features Rectangular Lot

Water Source Public

Lot Size Acres 0.07

Lot Size Source Assessor

Waterfront Y/N N

* Excluded Features

List By

Katherine Stirling

Listing Agent

Listing Leaders

Broker

katherinestirling@outlook.com

Affordability Calculator

$310

Per Month

Monthly Principal & Interest: $246
Monthly Property Taxes: $64
Monthly Home Insurance: --

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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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THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Gary, IN

Average List Price ^$180,090

Percent of Sale Price 362%

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
7/30/2026	$39,000		Listed Price

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1531 Van Buren Street, Gary, IN, 46407 is a Multi-Family Home for sale at $39,000 with a lot size of 0.07. 1531 Van Buren Street is a studio with 0.0 baths and was built in 1922. The property's zip code is 46407 which is in Gary, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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 7/31/2026.

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1531 Van Buren Street

Multi-Family Home for sale in Gary, IN

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