Completely Rehabbed Duplex Rental Property....great investment property to add to your rental portfolio. $716 monthly cash flow at projected combined rent of $1900/month(Could potentially be $2000). Cash flow does not include vacancy, maintenance, or PM fees. Professional Property Management is available.Each unit is 2 bedrooms and 1 bathroom. Security Cameras do not remain.
Closed
Zestimate®
$170,000
2042-48 Rhode Island St, Gary, IN 46407
4beds
--sqft
Duplex
Built in 1953
-- sqft lot
$170,000 Zestimate®
$--/sqft
$1,321 Estimated rent
Home value
$170,000
$155,000 - $184,000
$1,321/mo
Zestimate® history
Owner options
List your home for rent
$1,321/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,321/mo
Rent Zestimate®
Refinance and save
$1,105/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,105/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Rebecca Olson,
Listing Leaders Affiliated 219-384-7957
Bought with:
Elisabeth Brannon, RB20000817
Listing Leaders
Source: NIRA as distributed by MLS GRID,MLS#: 801748
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Appliances
- Included: Free-Standing Gas Oven, Free-Standing Refrigerator
- Laundry: In Kitchen
Features
- Country Kitchen, Stone Counters
- Has basement: No
Interior area
- Finished area above ground: 725
Property
Parking
- Parking features: Alley Access, On Street
Features
- Levels: One
- Patio & porch: None
- Exterior features: None
- Pool features: None
- Fencing: Back Yard
Lot
- Size: 9,147 sqft
- Features: Back Yard, Front Yard
Details
- Parcel number: 450810455016.000004
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1953
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Gary
- Subdivision: None
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 9/27/2025 | Listing removed | $1,299-0.1% |
Source: Zillow Rentals Report a problem | ||
| 9/9/2025 | Listed for rent | $1,300+8.3% |
Source: Zillow Rentals Report a problem | ||
| 10/8/2024 | Listing removed | $1,200 |
Source: Zillow Rentals Report a problem | ||
| 10/1/2024 | Listed for rent | $1,200 |
Source: Zillow Rentals Report a problem | ||
| 9/16/2024 | Sold | $170,000-2.8% |
Source:  NIRA as distributed by MLS GRID #801748 Report a problem | ||
| 7/24/2024 | Price change | $174,900-0.1% |
Source: NIRA as distributed by MLS GRID #801748 Report a problem | ||
| 7/18/2024 | Price change | $175,000-2.7% |
Source: NIRA as distributed by MLS GRID #801748 Report a problem | ||
| 7/6/2024 | Listed for sale | $179,900 |
Source: NIRA as distributed by MLS GRID #801748 Report a problem | ||
| 5/13/2024 | Listing removed | -- |
Source: NIRA as distributed by MLS GRID #801748 Report a problem | ||
| 5/9/2024 | Price change | $179,900-2.7% |
Source: NIRA as distributed by MLS GRID #801748 Report a problem | ||
| 5/2/2024 | Listed for sale | $184,900 |
Source: NIRA as distributed by MLS GRID #801748 Report a problem | ||
| 4/18/2024 | Listing removed | -- |
Source: NIRA as distributed by MLS GRID #801748 Report a problem | ||
| 4/5/2024 | Listed for sale | $184,900+568.7% |
Source: NIRA as distributed by MLS GRID #801748 Report a problem | ||
| 10/30/2023 | Sold | $27,650 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,418 +39.9% | $98,700 +20.2% |
| 2024 | $1,014 +6.1% | $82,100 +104.2% |
| 2023 | $956 +5.4% | $40,200 +7.8% |
| 2022 | $907 +2.9% | $37,300 +5.4% |
| 2021 | $881 +36% | $35,400 +2.9% |
| 2020 | $648 -49.4% | $34,400 +6.2% |
| 2019 | $1,282 +49.5% | $32,400 -5.8% |
| 2018 | $857 +8.8% | $34,400 -1.1% |
| 2017 | $788 | $34,800 -3.6% |
| 2016 | $788 +8% | $36,100 +15.7% |
| 2014 | $730 -32.2% | $31,200 -34.9% |
| 2013 | $1,076 -11% | $47,900 -1% |
| 2010 | $1,209 | $48,400 +20.7% |
| 2009 | -- | $40,100 +18.3% |
| 2007 | -- | $33,900 +83.2% |
| 2006 | -- | $18,500 |
| 2005 | -- | $18,500 |
Find assessor info on the county website
Neighborhood: Midtown
Nearby schools
GreatSchools rating
- 3/10Daniel Hale Williams Elementary SchoolGrades: K-5Distance: 0.4 mi
- 3/10Gary Middle SchoolGrades: 6-8Distance: 4.6 mi
- 1/10West Side Leadership AcademyGrades: 9-12Distance: 4.3 mi
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- Indiana
- Lake County
- Gary
- 46407
- Midtown
- 2042-48 Rhode Island St
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