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.
Active
$219,900
1220 W 41st Ave, Gary, IN 46408
4beds
--sqft
Triplex
Built in 1927
-- sqft lot
$216,500 Zestimate®
$--/sqft
$-- HOA
What's special
Recently renovated
- 34 days |
- 389 |
- 41 |
Zillow last checked:
Listing updated:
Listed by:
Rebecca Olson,
Listing Leaders Affiliated 219-384-7957
Source: NIRA as distributed by MLS GRID,MLS#: 840541
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Has Heating (Unspecified Type)
Appliances
- Included: Range Hood, Refrigerator
Features
- Granite Counters
- Basement: Daylight,Walk-Out Access,Finished
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Finished area above ground: 2,250
Property
Parking
- Total spaces: 2
- Parking features: Alley Access, On Street
- Garage spaces: 2
Features
- Levels: Two
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 4,791 Square Feet
- Features: Corner Lot
Details
- Parcel number: 450828159026000004
- Special conditions: Agent Owned
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Condition
- New construction: No
- Year built: 1927
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: First Sub Oakington Park City Ga
Location
- Region: Gary
Financial & listing details
- Tax assessed value: $102,900
- Annual tax amount: $2,581
- Date on market: 6/11/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
$216,500
$206,000 - $227,000
$1,216/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2026 | Listed for sale | $219,900+120.1% |
Source:  NIRA as distributed by MLS GRID #840541 Report a problem | ||
| 4/13/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/15/2024 | Listed for rent | $995 |
Source: Zillow Rentals Report a problem | ||
| 12/27/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/3/2023 | Listed for rent | $995 |
Source: Zillow Rentals Report a problem | ||
| 11/4/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 10/31/2022 | Listed for rent | $995 |
Source: Zillow Rental Network Premium Report a problem | ||
| 10/18/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 10/3/2022 | Listed for rent | $995 |
Source: Zillow Rental Network Premium Report a problem | ||
| 8/31/2021 | Sold | $99,900+217.1% |
Source: NIRA as distributed by MLS GRID #498792 Report a problem | ||
| 4/27/1998 | Sold | $31,500 |
Source: NIRA as distributed by MLS GRID #547845 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,581 +78% | $131,600 +27.9% |
| 2024 | $1,450 +16% | $102,900 +79% |
| 2023 | $1,250 +14.8% | $57,500 +17.8% |
| 2022 | $1,089 +7.3% | $48,800 +14.8% |
| 2021 | $1,015 +12.2% | $42,500 +7.3% |
| 2020 | $904 -20% | $39,600 -12.4% |
| 2019 | $1,130 -3% | $45,200 -6.4% |
| 2018 | $1,164 +3.4% | $48,300 -1.4% |
| 2017 | $1,126 | $49,000 -4.1% |
| 2016 | $1,126 -10.4% | $51,100 -4.8% |
| 2014 | $1,257 +6.3% | $53,700 +2.1% |
| 2013 | $1,182 -2.6% | $52,600 +0.6% |
| 2012 | $1,213 -21.4% | $52,300 -18.8% |
| 2011 | $1,544 -1.1% | $64,400 +3% |
| 2010 | $1,562 | $62,500 -10.1% |
| 2009 | -- | $69,500 +21.3% |
| 2007 | -- | $57,300 +122.1% |
| 2006 | -- | $25,800 |
| 2005 | -- | $25,800 |
| 2004 | -- | $25,800 +40.2% |
| 2003 | -- | $18,400 |
| 2002 | -- | $18,400 +200.2% |
| 2001 | -- | $6,130 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: University Park
Nearby schools
GreatSchools rating
- 3/10Glen Park AcademyGrades: K-5Distance: 1.2 mi
- 4/10Bailly Preparatory AcademyGrades: 6-8Distance: 1.6 mi
- 1/10West Side Leadership AcademyGrades: 9-12Distance: 4.5 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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