Be a part of Gary's Comeback with this Turnkey Cash-Flowing Brick Duplex in the Heart of Gary's Revitalization Don't miss this opportunity to own a fully occupied, income-producing from day one brick duplex in one of Gary's most exciting investment corridors. Whether you're looking to expand your portfolio or purchase your first multifamily property, this investment offers immediate rental income from day one. Both units are currently occupied, with one tenant on a month-to-month lease providing future flexibility, while the second unit is leased through February 2027, offering stable, predictable cash flow. This property has been professionally managed and maintained, and the current property management company is available to continue management for a smooth, turnkey transition if desired. Location is everything, and this property is ideally situated in the heart of Gary's ongoing revitalization. With continued public and private investment throughout the area, you're not just purchasing a duplex, you're investing in a community experiencing meaningful redevelopment and renewed momentum. Enjoy strong rental demand today while positioning yourself to benefit from the area's long-term potential. The total rent right now is 1760 (which we know in today's market is on the low side) so rent both units and cash flow from day one or live in one unit and let the other tenant help you pay your mortgage down. Solid brick construction, immediate income, professional management, and an exceptional location make this a rare opportunity for investors seeking both cash flow and future upside. Schedule your showing today and secure your place in Gary's next chapter before this opportunity is gone.
Active
Price cut: $2.9K (8/4)
$195,000
2228 Washington St, Gary, IN 46407
4beds
--sqft
Duplex
Built in 1908
-- sqft lot
$184,400 Zestimate®
$--/sqft
$-- HOA
What's special
Brick duplexSolid brick construction
- 116 days
- 306
- 51
Zillow last checked:
Listing updated:
Listed by:
Rebecca Olson,
Listing Leaders Affiliated 219-384-7957
Source: NIRA as distributed by MLS GRID,MLS#: 840398
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Has Heating (Unspecified Type)
Appliances
- Included: Range Hood
Features
- Granite Counters, High Ceilings
- Basement: Walk-Out Access
- Has fireplace: No
Interior area
- Finished area above ground: 1,672
Property
Parking
- Parking features: On Street
Features
- Levels: Two
- Patio & porch: Deck, Porch
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 6,054 Square Feet
- Features: Back Yard, Rectangular Lot, Front Yard
Details
- Parcel number: 450816235028000004
- Special conditions: Agent Owned
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Condition
- New construction: No
- Year built: 1908
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: C T L & L Co Add 06
Location
- Region: Gary
Financial & listing details
- Tax assessed value: $44,900
- Annual tax amount: $1,126
- Date on market: 6/10/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
$184,400
$173,000 - $194,000
$949/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2026 | Price change | $195,000-1.5% |
Source: | ||
| 7/19/2026 | Price change | $197,900-1% |
Source: | ||
| 6/10/2026 | Listed for sale | $199,900+387.6% |
Source: | ||
| 1/15/2021 | Sold | $41,000 |
Source: | ||
| 11/15/2020 | Listed for sale | $41,000+5.1% |
Source: Advanced Real Estate, LLC #484855 Report a problem | ||
| 7/26/2015 | Listing removed | $39,000 |
Source: CENTURY 21 Affiliated #364418 Report a problem | ||
| 1/20/2015 | Listed for sale | $39,000+618.1% |
Source: CENTURY 21 Affiliated #364418 Report a problem | ||
| 2/10/2005 | Sold | $5,431 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,126 +0.1% | $48,900 +8.9% |
| 2024 | $1,125 +29.1% | $44,900 +0.7% |
| 2023 | $871 | $44,600 +31.2% |
| 2022 | $871 | $34,000 |
| 2021 | $871 +28.1% | $34,000 |
| 2020 | $680 -32.6% | $34,000 |
| 2019 | $1,009 -2.9% | $34,000 -20.2% |
| 2018 | $1,039 +23.2% | $42,600 -1.4% |
| 2017 | $843 | $43,200 -4.2% |
| 2016 | $843 -9.9% | $45,100 -32% |
| 2014 | $936 +37.9% | $66,300 +3.9% |
| 2013 | $679 -2.4% | $63,800 -0.6% |
| 2012 | $695 -0.4% | $64,200 +1.4% |
| 2011 | $698 -18.6% | $63,300 -1.7% |
| 2010 | $859 | $64,400 +16% |
| 2009 | -- | $55,500 +8% |
| 2007 | -- | $51,400 +34.6% |
| 2006 | -- | $38,200 |
| 2005 | -- | $38,200 |
| 2004 | -- | $38,200 +151.3% |
| 2003 | -- | $15,200 |
| 2002 | -- | $15,200 +199.8% |
| 2001 | -- | $5,070 |
Find assessor info on the county website
Monthly payment
Est. payment






