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Active
    • Price cut: $5K (7/29)
    $440,000

    5001 Magoun Ave, East Chicago, IN 46312

    9beds
    --sqft
    : 
    $3,007/mo
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    Quadruplex
    Built in 1900
    -- sqft lot
    $435,500 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    This 4-unit property presents a strong, stabilized investment opportunity. Three of the four units have been recently updated, reducing near-term capital expenditure needs. All tenants were placed within the past 24 months through a thorough screening process, including criminal background, credit, and employment verification, resulting in a reliable tenant base and minimized turnover risk. With updated interiors, recent tenant placement, and professional management practices, 5001 Magoun Avenue offers investors a turnkey, income-producing asset with steady cash flow and reduced operational risk.
    298 days
    |
    399
    |
    23
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Dailey,

    Listing Leaders 219-462-5478

    Source: NIRA as distributed by MLS GRID,MLS#: 829086MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Baseboard, Individual Unit, Other, Natural Gas
      Appliances
      • Included: Refrigerator
      Features
      • Other
      • Basement: Unfinished
      • Has fireplace: No
      Interior area
      • Finished area above ground: 1,672

      Property

      Parking
      • Total spaces: 4
      • Parking features: Driveway
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Exterior features: Other
      Lot
      • Size: 7,000 Square Feet
      • Features: Back Yard, Front Yard, Corner Lot
      Details
      • Parcel number: 450332133001000024
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      Condition
      • New construction: No
      • Year built: 1900

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Sub
      HOA
      • Has HOA: No
      Location
      • Region: East Chicago

      Financial & listing details

      • Annual tax amount: $3,586
      • Date on market: 10/9/2025
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,VA Loan,Conventional

        Estimated market value

        $435,500

        $414,000 - $457,000

        $1,147/mo

        Price history

        DateEventPrice
        7/29/2026Price change$440,000-1.1%
        Source: NIRA as distributed by MLS GRID #829086 Report a problem
        6/16/2026Price change$445,000-1.1%
        Source: NIRA as distributed by MLS GRID #829086 Report a problem
        5/21/2026Price change$450,000-1.1%
        Source: NIRA as distributed by MLS GRID #829086 Report a problem
        5/11/2026Price change$455,000-1.1%
        Source: NIRA as distributed by MLS GRID #829086 Report a problem
        2/19/2026Listed for sale$460,000
        Source: NIRA as distributed by MLS GRID #829086 Report a problem
        1/29/2026Pending sale$460,000
        Source: NIRA as distributed by MLS GRID #829086 Report a problem
        1/18/2026Price change$460,000-1.1%
        Source: NIRA as distributed by MLS GRID #829086 Report a problem
        10/9/2025Listed for sale$465,000+102.2%
        Source: NIRA as distributed by MLS GRID #829086 Report a problem
        5/8/2024Sold$230,000-4.2%
        Source: NIRA as distributed by MLS GRID #801526 Report a problem
        4/1/2024Listed for sale$240,000+238%
        Source: NIRA as distributed by MLS GRID #801526 Report a problem
        12/16/2004Sold$71,000
        Source: NIRA as distributed by MLS GRID #115509 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        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.
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        Climate risks

        Neighborhood: Southside

        Getting around

        73 / 100
        Very Walkable
        61 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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