Pending

$139,900

3725 Monroe St, Gary, IN 46408

5beds

--sqft

$1,003/mo

Get pre-qualified

Duplex

Built in 1924

-- sqft lot

$137,300 Zestimate^®

$--/sqft

$-- HOA

What's special

Cash-flow opportunity in the heart of Gary! This all-brick 2-unit property at 3725 Monroe offers the unit mix investors are looking for with one spacious 3-bedroom, 1-bath unit and one 2-bedroom, 1-bath unit. Whether you're looking to add doors to your portfolio, start your investment journey, or create value through updates and improved rents, this property checks the boxes. The solid brick construction offers durability, while the aggressive pricing creates an opportunity to secure a multifamily asset below replacement cost. Sold AS-IS and priced to move quickly, this is the type of opportunity savvy investors watch for but rarely find. With continued investment and redevelopment throughout Gary, now is the time to secure your position in one of Northwest Indiana's fastest-evolving markets. Schedule your showing today before this one is gone.

42 days

464

60

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air

Appliances

Included: None
Laundry: Gas Dryer Hookup, Washer Hookup

Features

None
Has basement: No
Has fireplace: No

Interior area

Finished area above ground: 1,848

Property

Parking

Total spaces: 2
Parking features: Alley Access, On Street, Garage Faces Rear
Garage spaces: 2

Features

Levels: Two
Patio & porch: Front Porch, Rear Porch
Pool features: None
Has view: Yes
View description: None

Lot

Size: 3,136 Square Feet
Features: Back Yard, Front Yard

Details

Parcel number: 450828204004000004
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Condition

New construction: No
Year built: 1924

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected

Community & HOA

Community

Subdivision: Jackson Park South Broadway Add

Location

Region: Gary

Financial & listing details

Tax assessed value: $57,900
Annual tax amount: $1,452
Date on market: 7/8/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash

Estimated market value

$137,300

$130,000 - $144,000

$1,217/mo

Price history

Date	Event	Price
8/18/2026	Listed for rent	$1,600
Source: Zillow Rentals Report a problem
8/4/2026	Pending sale	$139,900
Source: NIRA as distributed by MLS GRID #841926 Report a problem
7/23/2026	Listed for sale	$139,900
Source: NIRA as distributed by MLS GRID #841926 Report a problem
7/13/2026	Pending sale	$139,900
Source: NIRA as distributed by MLS GRID #841926 Report a problem
7/8/2026	Listed for sale	$139,900+1206.6%
Source: NIRA as distributed by MLS GRID #841926 Report a problem
3/1/2013	Sold	$10,707-59.1%
Source: NIRA as distributed by MLS GRID #320577 Report a problem
11/21/2012	Sold	$26,200
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,452 +0.7%	$106,500 +83.9%
2024	$1,442 +29.7%	$57,900 +1.2%
2023	$1,112	$57,200 +31.8%
2022	$1,112 0%	$43,400
2021	$1,112 +28.1%	$43,400
2020	$868 -15.4%	$43,400
2019	$1,026 -1.7%	$43,400
2018	$1,043 +14%	$43,400
2017	$915	$43,400
2016	$915 -9.9%	$43,400 -41.6%
2014	$1,016 -38.2%	$74,300 +1.5%
2013	$1,645 +110.6%	$73,200 +0.3%
2012	$781 -27.4%	$73,000 +13.4%
2011	$1,077 +203.1%	$64,400 +133.3%
2010	$355	$27,600 -8.3%
2009	--	$30,100 -31.1%
2007	--	$43,700 +40.1%
2006	--	$31,200
2005	--	$31,200
2004	--	$31,200 +88%
2003	--	$16,600
2002	--	$16,600 +200.2%
2001	--	$5,530