1220 W 41st Avenue Gary, IN ^$ 219,900

1220 W 41st Avenue

^$ 219,900

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Recently Listed

1220 W 41st Avenue

Gary, IN, 46408

^$ 219,900

Bedrooms4 Baths3.0

Monthly Estimate*

^$ 1,354

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Multi-Family Home for sale in Gary, IN

for $219,900 with 4 bedrooms and 3 full baths. This home was built in 1927 on a lot size of 0.11.

Great Cash flowing multi unit. The 3 units were recently renovated. Professionally managed and ready for a new owner. Two units are currently tenanted and one unit is being marketed. Subject to tenants rights.

Multi-Family Active

Price

^$ 219,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,581

Style

Triplex

Lot Size

0.11

Year Built

1927

Town/City

Gary

County/Region

Lake

MLS | Web ID

840541

Features

Interior

Interior Amenities Granite Counters

Total Fireplaces 1

Fireplace Features Living Room

Fireplace Y/N Y

Above Grade Finished Area 2250

Total Bedrooms 4

Total Baths 3

General

Sewer Public Sewer

Heating Central

Appliances Gas Range Range Hood Refrigerator

Garage Spaces 2

Security Features Smoke Detector(s)

Pets Allowed Breed Restrictions

Year Built 1927

View Neighborhood

Township Calumet

Levels Two

Property Subtype Triplex

Tax Year 2024

County Lake

New Construction N

Property Type Residential Income

Subdivision Name First Sub Oakington Park City Ga

Garage Y/N Y

Full Baths 3

Status Active

Directions Grant St to 41st and east to property.

City Gary

Lot Size Square Feet 4792

Listing Terms Cash Conventional

Tax Annual Amount 2581

Lease Considered Y/N N

Standard Status Active

Tax Assessed Value 102900

Legal Description 1ST. SUB. OAKINGTON PARK W. 40 FT. OF W. 70 FT. L.5 BL.4

Exterior

Parking Features Alley Access On Street

Lot Features Corner Lot

Water Source Public

Lot Size Acres 0.11

Lot Size Source Assessor

Waterfront Y/N N

* Excluded Features

List By

Rebecca Olson

Listing Agent

Listing Leaders Affiliated

Broker

olbec1978@gmail.com

Affordability Calculator

$1,569

Per Month

Monthly Principal & Interest: $1,354
Monthly Property Taxes: $215
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

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 ^$185,987

Percent of Sale Price 15%

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
6/11/2026	$219,900		Listed Price

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1220 W 41st Avenue, Gary, IN, 46408 is a Multi-Family Home for sale at $219,900 with a lot size of 0.11. 1220 W 41st Avenue has 4 bedrooms, 3.0 baths, and was built in 1927. The property's zip code is 46408 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 6/12/2026.

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1220 W 41st Avenue

Multi-Family Home for sale in Gary, IN

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