1517 Delaware Street Gary, IN ^$ 86,000

1517 Delaware Street

^$ 86,000

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Recently Listed

1517 Delaware Street

Gary, IN, 46407

^$ 86,000

Bedrooms4 Baths2.0

Monthly Estimate*

^$ 543

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Multi-Family Home for sale in Gary, IN

for $86,000 with 4 bedrooms and 2 full baths. This home was built in 1919 on a lot size of 0.092.

Investment opportunity knocking!! This Gary duplex is ready for its next owner to shine it back to its full potential. Previously used as a rental, it offers great opportunity to build equity while creating a steady income-producing asset. Whether you're looking to add to your rental portafolio, house hack or even flip, this duplex offers endless possibilities. Each unit features 2 bedrooms, 1 bath and spacious living room, dining and kitchen areas. BEING SOLD-AS-IS

Multi-Family Active

Price

^$ 86,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,452

Style

Duplex

Lot Size

0.092

Year Built

1919

Town/City

Gary

County/Region

Lake

MLS | Web ID

844854

Features

Interior

Interior Amenities None

Fireplace Y/N N

Above Grade Finished Area 1800

Half Baths 0

3/4 Baths 0

Total Bedrooms 4

Total Baths 2

General

Sewer Public Sewer

Heating Baseboard Natural Gas

Appliances None

Pets Allowed Call

Year Built 1919

View Neighborhood

Township Calumet

Levels Two

Property Subtype Duplex

Tax Year 2025

County Lake

New Construction N

Property Type Residential Income

HOA N

Subdivision Name Mc Keys Add

Garage Y/N N

Full Baths 2

Status Active

Directions 80/94 & Broadway north on Broadway to E 15th Ave east to Delaware St south to property

City Gary

Lot Size Square Feet 4008

Listing Terms Conventional

Tax Annual Amount 2452

Property Condition Fixer

Standard Status Active

Legal Description MC KEY'S ADD. L.18 BL.4

Exterior

Exterior Amenities None

Parking Features Off Street

Lot Features Back Yard

Water Source Public

Lot Size Acres 0.092

Lot Size Source Assessor

Waterfront Y/N N

* Excluded Features

List By

Juanita Nunez

Listing Agent

Mccolly Real Estate

Broker

juanitanunez@mccolly.com

Affordability Calculator

$747

Per Month

Monthly Principal & Interest: $543
Monthly Property Taxes: $204
Monthly Home Insurance: --

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Loan Term

Interest Rate

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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Nearby

Trends
Schools

Multi-family listings in Gary, IN

Average List Price ^$152,767

Percent of Sale Price 78%

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
9/4/2026	$86,000		Listed Price

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1517 Delaware Street, Gary, IN, 46407 is a Multi-Family Home for sale at $86,000 with a lot size of 0.092. 1517 Delaware Street has 4 bedrooms, 2.0 baths, and was built in 1919. 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 9/5/2026.

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1517 Delaware Street

Multi-Family Home for sale in Gary, IN

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