Brick 3-unit investment opportunity with strong upside potential! This multi-family property offers spacious units and solid brick construction, making it an ideal value-add project for investors, rehabbers, or landlords looking to expand their portfolio. Property needs repairs and updates but has excellent income-producing potential once renovated. Conveniently located near major highways, shopping, schools, and public transportation. Property is being sold As-Is. Cash or renovation financing recommended. Great opportunity to restore and build equity!
Active
$80,000
304 Polk St, Gary, IN 46402
6beds
--sqft
Triplex
Built in 1924
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 38 days |
- 396 |
- 25 |
Zillow last checked:
Listing updated:
Listed by:
Georgeann Weisman,
Brokerworks Group 219-786-7000
Source: NIRA as distributed by MLS GRID,MLS#: 839608
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- None
Appliances
- Included: None
- Laundry: Lower Level
Features
- None
- Basement: Storage Space,Walk-Out Access,Unfinished
- Has fireplace: No
Interior area
- Finished area above ground: 3,746
Property
Parking
- Total spaces: 2
- Parking features: On Street, Off Street
- Garage spaces: 2
Features
- Levels: Tri-Level
Lot
- Size: 2,665 Square Feet
- Features: Back Yard, Front Yard
Details
- Parcel number: 450804177017000004
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Condition
- Fixer
- New construction: No
- Year built: 1924
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Gary Land Companys 01
Location
- Region: Gary
Financial & listing details
- Tax assessed value: $14,200
- Annual tax amount: $356
- Date on market: 5/27/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/27/2026 | Listed for sale | $80,000+26566.7% |
Source: | ||
| 4/22/2016 | Sold | $300 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $356 -67.9% | $16,600 +16.9% |
| 2024 | $1,110 +3.9% | $14,200 -67.7% |
| 2023 | $1,068 +8.3% | $44,000 +5.5% |
| 2022 | $986 +3.8% | $41,700 +8.3% |
| 2021 | $951 -15.6% | $38,500 +3.8% |
| 2020 | $1,126 -61.8% | $37,100 -38.1% |
| 2019 | $2,951 -4.9% | $59,900 |
| 2018 | $3,104 +367.4% | $59,900 -1.5% |
| 2017 | $664 | $60,800 -4.3% |
| 2016 | $664 -6.6% | $63,500 -2.8% |
| 2014 | $711 +6.4% | $65,300 +4% |
| 2013 | $668 -0.3% | $62,800 +1.5% |
| 2012 | $671 +4.2% | $61,900 +6.2% |
| 2011 | $643 -16.7% | $58,300 +0.7% |
| 2010 | $772 | $57,900 +22.7% |
| 2009 | -- | $47,200 +3.3% |
| 2007 | -- | $45,700 +91.2% |
| 2006 | -- | $23,900 |
| 2005 | -- | $23,900 |
| 2004 | -- | $23,900 +26.5% |
| 2003 | -- | $18,900 +200% |
| 2001 | -- | $6,300 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 4/10Beveridge Elementary SchoolGrades: K-5Distance: 1.2 mi
- 3/10Gary Middle SchoolGrades: 6-8Distance: 5.4 mi
- 1/10West Side Leadership AcademyGrades: 9-12Distance: 3.1 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Indiana
- Lake County
- Gary
- 46402
- Downtown
- 304 Polk St




