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6 Beds
2 Baths
996 sqft

$97,500

1297-1299 W 15th Avenue, Gary IN, 46407

Price per sqft$97.89
Built in1922
Property size996 sqft
Property typeMulti-family

Overview

Active

Listed Jun 18, 2026

Updated Jun 19

Investor special in Gary! This bi-level duplex offers an outstanding value-add opportunity for investors, flippers, or buyers looking to build sweat equity. Featuring two units--one upper and one lower--this property has strong income potential with projected rents of approximately 1,200 per month per unit, creating a potential gross annual income of 28,800. With some renovation and updates, investors may have the opportunity to achieve attractive cash flow and returns. Whether you're looking to expand your rental portfolio, complete a fix-and-hold project, or capitalize on Northwest Indiana's continued growth and revitalization, this property deserves a look. Located just minutes from major highways, commuter routes, and the exciting redevelopment taking place throughout the region, now is the time to invest in Gary's future. Property is being sold as-is where is. Cash or renovation financing preferred. Hard money welcome.

$649/mo

Est. mortgage payment based on a $97,500 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
840881

Interior Features

Bedrooms
6
Bathrooms
2
Basement
No

Exterior Features

Lot Size
0.16 Acres

Other Property Details

Taxes
$1,207
Tax Frequency
Annually

Courtesy of Weichert, Realtors-Moke Agency, Dennis Nichols,
Listing Contact: (219) 257-2800 

Listings courtesy of Northwest Indiana REALTOR Association as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Rob Gow & Chris Pfauser shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS. 

Based on information submitted to the MLS GRID as of 4:24 AM UTC on 6/19/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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