Fantastic opportunity for investors or owner-occupants looking to offset their mortgage with rental income! This well-maintained two-unit property offers spacious layouts and great income potential. The main level unit features 2 bedrooms, 1 full bath, kitchen, and an open living/dining room combo, plus access to a full basement with laundry hookups and additional storage space. The upper-level unit also offers 2 bedrooms, 1 full bath, kitchen, and an open concept living/dining room combo, along with a dedicated laundry room/closet. Large backyard provides plenty of outdoor space for entertaining, relaxing, extra parking or future possibilities. Whether you're looking to expand your investment portfolio or live in one unit while the tenant helps pay the mortgage, this property is full of potential!
Closed
$195,000
2480 Sullivan St, Lake Station, IN 46405
4beds
--sqft
Duplex
Built in 1920
-- sqft lot
$195,100 Zestimate®
$--/sqft
$1,488 Estimated rent
Home value
$195,100
$185,000 - $205,000
$1,488/mo
Zestimate® history
Owner options
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$1,488/mo
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$1,488/mo
Rent Zestimate®
Refinance and save
$1,292/mo
Est. payment
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$1,292/mo
Est. payment
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Extra parkingSpacious layouts
Zillow last checked:
Listing updated:
Listed by:
Jamie Garcia-Crisman,
Realty Executives Premier 219-462-2224
Bought with:
Elyahu Herszberg, RB22001659
Realest.com
Source: NIRA as distributed by MLS GRID,MLS#: 838865
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Appliances
- Included: Range, Refrigerator
- Laundry: Lower Level, Upper Level, Laundry Room
Features
- Ceiling Fan(s), Open Floorplan
- Basement: Sump Pump,Unfinished
- Has fireplace: No
Interior area
- Finished area above ground: 1,854
Property
Parking
- Parking features: Asphalt, On Street
Features
- Levels: Two
- Patio & porch: Porch
- Pool features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 4,965 sqft
- Features: Back Yard
Details
- Parcel number: 450916182030000021
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected
Community & neighborhood
Location
- Region: Lake Station
- Subdivision: East Gary R
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,VA Loan,FHA,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 6/29/2026 | Sold | $195,000-2.5% |
Source:  NIRA as distributed by MLS GRID #838865 Report a problem | ||
| 5/19/2026 | Pending sale | $199,900 |
Source: NIRA as distributed by MLS GRID #838865 Report a problem | ||
| 5/14/2026 | Listed for sale | $199,900+233.1% |
Source: NIRA as distributed by MLS GRID #838865 Report a problem | ||
| 9/19/2018 | Listing removed | $750 |
Source: Olson Property Services Report a problem | ||
| 9/12/2018 | Listed for rent | $750 |
Source: Olson Property Services Report a problem | ||
| 5/31/2018 | Sold | $60,010-4.6% |
Source: NIRA as distributed by MLS GRID #425628 Report a problem | ||
| 4/30/2018 | Price change | $62,900-10% |
Source: Carrington Real Estate Service #425628 Report a problem | ||
| 3/28/2018 | Price change | $69,900-8.6% |
Source: Carrington Real Estate Service #425628 Report a problem | ||
| 2/23/2018 | Price change | $76,500-8.4% |
Source: Carrington Real Estate Service #425628 Report a problem | ||
| 1/18/2018 | Price change | $83,500-7.1% |
Source: Carrington Real Estate Service #425628 Report a problem | ||
| 11/16/2017 | Listed for sale | $89,900+57.7% |
Source: Carrington Real Estate Service #425628 Report a problem | ||
| 10/30/2017 | Sold | $57,000-25.9% |
Source: Public Record Report a problem | ||
| 12/12/2002 | Sold | $76,900 |
Source: NIRA as distributed by MLS GRID #71275 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,449 +4.7% | $196,500 +43.2% |
| 2024 | $3,294 -5.7% | $137,200 +5.1% |
| 2023 | $3,493 +12.3% | $130,500 -5.1% |
| 2022 | $3,109 +9.5% | $137,500 +12.3% |
| 2021 | $2,840 +6.2% | $122,400 +9.5% |
| 2020 | $2,675 -42% | $111,800 +6.2% |
| 2019 | $4,614 +50% | $105,300 +7.4% |
| 2018 | $3,076 +21.1% | $98,000 +1.1% |
| 2017 | $2,539 | $96,900 -0.7% |
| 2016 | $2,539 -9.9% | $97,600 -10.4% |
| 2014 | $2,819 -12.7% | $108,900 -6.1% |
| 2013 | $3,229 -6.5% | $116,000 +0.7% |
| 2012 | $3,452 +8.8% | $115,200 +10.7% |
| 2011 | $3,174 +4.3% | $104,100 -2% |
| 2010 | $3,043 | $106,200 +0.7% |
| 2009 | -- | $105,500 +7.4% |
| 2007 | -- | $98,200 +31.1% |
| 2006 | -- | $74,900 |
| 2005 | -- | $74,900 |
Find assessor info on the county website
Neighborhood: 46405
Nearby schools
GreatSchools rating
- 3/10Virgil I Bailey Elementary SchoolGrades: K-5Distance: 0.5 mi
- 3/10Thomas A Edison Jr-Sr High SchoolGrades: 6-12Distance: 0.6 mi
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- Indiana
- Lake County
- Lake Station
- 46405
- 2480 Sullivan St
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