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3415 W 47th Avenue Gary, IN $ 225,000
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$ 225,000 Get more info
3415 W 47th Avenue
$ 225,000
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3415 W 47th Avenue

Gary, IN, 46408
$ 225,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 1,385

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Multi-Family Home for sale in Gary, IN

for $225,000 with 4 bedrooms and 2 full baths. This home was built in 1972 on a lot size of 0.449.

Well-maintained duplex offering a strong opportunity for both owner-occupants and investors. One unit has been fully updated with new windows, luxury vinyl flooring, an updated kitchen with quartz countertops, and stainless steel appliances including refrigerator, electric range, and microwave. The bathroom has also been renovated. Interior and exterior have been recently painted, and the home features a newer layer of shingles. The second unit has updates as well, including some newer windows and general improvements. Property is serviced by well and septic, with utilities currently included. Tenant is responsible for yard, electric and garbage. Property will be delivered vacant at closing. Great setup for house hack or to set new rents post-closing.

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Multi-Family Active

Price

$ 225,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,810

Style

Duplex

Lot Size

0.449

Year Built

1972

Town/City

Gary

County/Region

Lake

MLS | Web ID

837858
Features
Interior
Interior Amenities Granite Counters Open Floorplan
Window Features Aluminum Frames
Fireplace Y/N N
Above Grade Finished Area 1848
Total Bedrooms 4
Total Baths 2
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General
Sewer Septic Tank
Heating Forced Air
Appliances Gas Range Refrigerator
Pets Allowed Yes
Year Built 1972
View Neighborhood
Township Calumet
Levels One
Property Subtype Duplex
Tax Year 2024
Gross Income 28800
County Lake
Net Operating Income 28800
Insurance Expense 1200
New Construction N
Property Type Residential Income
HOA N
MaintenanceExpense 0
Subdivision Name Holzworths Add
Garage Y/N N
Rent Includes Sewer Water
Total Rooms 8
Full Baths 2
Status Active
Directions Take W 49th Ave to W 54th Ave in Merrillville Turn left onto W 3rd St S Lasalle St turns slightly right and becomes W 49th Ave Turn right onto Cleveland St Drive to W 47th Pl Destination will be on t
City Gary
Lot Size Square Feet 19558
Listing Terms Cash FHA Conventional
Tax Annual Amount 1810
Electric Expense 0
Lease Considered Y/N N
Standard Status Active
Tax Assessed Value 90500
Taxes 1200
Legal Description HOLZWORTHS ADD. ROSS L.11 BL.3 & E. 25FT. OF EAST ST. VAC.
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Exterior
Exterior Amenities Other Rain Gutters
Parking Features Driveway
Lot Features Back Yard Rectangular Lot Few Trees
Water Source Well
Lot Size Acres 0.449
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Vanessa Daley

Listing Agent

Ellsbury Group

Broker

VanessaDaleyRealtor@gmail.com

Email

Affordability Calculator

$1,536
Per Month
90%
10%
0%
Monthly Principal & Interest
$1,385
Monthly Property Taxes
$151
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
4/28/2026$225,000 -11.76% Price Down
4/28/2026$255,000 Listed Price

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3415 W 47th Avenue, Gary, IN, 46408 is a Multi-Family Home for sale at $225,000 with a lot size of 0.449. 3415 W 47th Avenue has 4 bedrooms, 2.0 baths, and was built in 1972. The property's zip code is 46408 which is in Gary, IN

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