MOTIVATED SELLER **** CASH FLOWING RENTAL, EVEN WITH ONE UNIT CURRENTLY NOT RENTED!Attention investors! Excellent rental with numerous recent updates...2 of 3 units currently rented. Third unit is ready to go. Live in one unit and rent the other 2!Current tenants have been in place for over 2 years. Please see below for current rents.Two 3 bedroom apartments on main and upper levels. One 2 bedroom apartment on basement level. Owner pays only water...separate electric/gas meters for each unit. Add this rental property to your investment portfolio today!
Closed
$162,000
1224 W 15th Ave, Gary, IN 46407
8beds
--sqft
Triplex
Built in 1920
-- sqft lot
$184,100 Zestimate®
$--/sqft
$1,144 Estimated rent
Home value
$184,100
$140,000 - $232,000
$1,144/mo
Zestimate® history
Owner options
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$1,144/mo
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$1,144/mo
Rent Zestimate®
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$1,053/mo
Est. payment
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$1,053/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Jennifer Luce,
Realty Executives Premier 219-462-2224,
Jodi Gheaja,
Realty Executives Premier
Bought with:
Hector Calderon, RB23001446
McCormick Real Estate, Inc.
Source: NIRA as distributed by MLS GRID,MLS#: 813911
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air, Natural Gas
Appliances
- Included: Range, Refrigerator
- Laundry: Common Area
Features
- See Remarks
- Basement: Full
Interior area
- Finished area above ground: 2,538
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Exterior features: None
- Pool features: None
- Frontage length: 35
Lot
- Size: 4,356 sqft
- Dimensions: 32 x 125
- Features: See Remarks
Details
- Parcel number: 450809160014000004
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: See Remarks
Location
- Region: Gary
- Subdivision: Nonen
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 2/3/2025 | Sold | $162,000-14.7% |
Source:  NIRA as distributed by MLS GRID #813911 Report a problem | ||
| 1/20/2025 | Contingent | $189,900 |
Source: NIRA as distributed by MLS GRID #813911 Report a problem | ||
| 12/18/2024 | Price change | $189,900-4.6% |
Source: NIRA as distributed by MLS GRID #813911 Report a problem | ||
| 12/11/2024 | Listed for sale | $199,000+32.8% |
Source: NIRA as distributed by MLS GRID #813911 Report a problem | ||
| 9/7/2023 | Sold | $149,900 |
Source: NIRA as distributed by MLS GRID #534110 Report a problem | ||
| 8/7/2023 | Contingent | $149,900 |
Source: NIRA as distributed by MLS GRID #534110 Report a problem | ||
| 7/26/2023 | Listed for sale | $149,900-20.7% |
Source: NIRA as distributed by MLS GRID #534110 Report a problem | ||
| 4/13/2023 | Listing removed | -- |
Source: NIRA as distributed by MLS GRID #515102 Report a problem | ||
| 9/23/2022 | Listed for sale | $189,000 |
Source: NIRA as distributed by MLS GRID #515102 Report a problem | ||
| 8/24/2022 | Listing removed | -- |
Source: NIRA as distributed by MLS GRID #515102 Report a problem | ||
| 7/12/2022 | Listed for sale | $189,000+18899900% |
Source: NIRA as distributed by MLS GRID #515102 Report a problem | ||
| 9/29/2018 | Listing removed | $1 |
Source: Bid4Assets Report a problem | ||
| 9/15/2018 | Listed for sale | $1 |
Source: Bid4Assets Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,558 +310.8% | $148,200 +45.3% |
| 2024 | $623 +24.3% | $102,000 +313% |
| 2023 | $501 +7.1% | $24,700 +28.6% |
| 2022 | $468 +4% | $19,200 +7.3% |
| 2021 | $450 +19.3% | $17,900 +4.1% |
| 2020 | $377 -71% | $17,200 -6.5% |
| 2019 | $1,298 +92.3% | $18,400 -18.6% |
| 2018 | $675 | $22,600 -1.3% |
| 2017 | -- | $22,900 -3.8% |
| 2016 | -- | $23,800 -54.5% |
| 2014 | -- | $52,300 +3.6% |
| 2013 | -- | $50,500 -0.2% |
| 2012 | -- | $50,600 -31.8% |
| 2011 | $254 -4.5% | $74,200 -1.9% |
| 2010 | $266 | $75,600 +16% |
| 2009 | -- | $65,200 +8.3% |
| 2007 | -- | $60,200 +2% |
| 2006 | -- | $59,000 |
| 2005 | -- | $59,000 |
| 2004 | -- | $59,000 +255.4% |
| 2003 | -- | $16,600 |
| 2002 | -- | $16,600 +199.6% |
| 2001 | -- | $5,540 |
Find assessor info on the county website
Neighborhood: Midtown
Nearby schools
GreatSchools rating
- 4/10Beveridge Elementary SchoolGrades: K-5Distance: 0.5 mi
- 3/10Gary Middle SchoolGrades: 6-8Distance: 5.7 mi
- 1/10West Side Leadership AcademyGrades: 9-12Distance: 2.9 mi
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- Indiana
- Lake County
- Gary
- 46407
- Midtown
- 1224 W 15th Ave
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