Closed

$145,000

5040 Jefferson St, Gary, IN 46408

4beds

--sqft

Duplex

Built in 1942

-- sqft lot

$163,300 Zestimate^®

$--/sqft

$1,334 Estimated rent

Home value

$163,300

$144,000 - $185,000

$1,334/mo

Zestimate^® history

Owner options

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$1,334/mo

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$1,334/mo

Rent Zestimate^®

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$960/mo

Est. payment

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$960/mo

Est. payment

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What's special

Attention Investors.....fully rented duplex property. Monthly Rent brings in $1650/month and is below market rent. Tenants pay all utilities Two unit duplex features basements on both sides; 2nd floor on each side hosts 2 bedrooms and full bath; unit 5042 has an extra 3/4 bath and main floor laundry; nice sized living rooms and main floor flex room on each side. Building has been inspected and qualified for housing voucher participation and is professionally managed. Newer furnace and water heater on 5040 side also has been completely renovated within last 2 years, large fenced in back yard, shed.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 2
3/4 bathrooms: 1

Heating

Forced Air

Appliances

Included: None

Features

None
Basement: Full

Interior area

Finished area above ground: 1,740

Property

Parking

Parking features: On Street

Features

Levels: Two
Exterior features: None
Pool features: None

Lot

Size: 7,579 sqft
Features: Front Yard

Details

Parcel number: 450833430023.000004

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Condition

Updated/Remodeled
New construction: No
Year built: 1942

Utilities & green energy

Electric: 100 Amp Service
Sewer: Public Sewer
Water: Public

Community & neighborhood

Location

Region: Gary
Subdivision: Junedale Sub

Other

Other facts

Listing agreement: Exclusive Right To Lease
Listing terms: Cash,Conventional

Price history

Date	Event	Price
10/5/2025	Listing removed	$1,100
Source: Zillow Rentals Report a problem
9/16/2025	Listed for rent	$1,100+22.2%
Source: Zillow Rentals Report a problem
6/27/2024	Sold	$145,000-9.4%
Source: NIRA as distributed by MLS GRID #801141 Report a problem
4/5/2024	Price change	$160,000-3%
Source: NIRA as distributed by MLS GRID #801141 Report a problem
3/22/2024	Listed for sale	$165,000+83.3%
Source: NIRA as distributed by MLS GRID #801141 Report a problem
11/10/2022	Listing removed	--
Source: Zillow Rental Network Premium Report a problem
10/18/2022	Price change	$900-10%
Source: Zillow Rental Network Premium Report a problem
9/19/2022	Price change	$1,000-9.1%
Source: Zillow Rental Network Premium Report a problem
7/27/2022	Price change	$1,100-8.3%
Source: Zillow Rental Network Premium Report a problem
7/18/2022	Listed for rent	$1,200
Source: Zillow Rental Network Premium Report a problem
10/4/2021	Listing removed	--
Source: NIRA as distributed by MLS GRID #500269 Report a problem
9/3/2021	Listed for sale	$90,000
Source: NIRA as distributed by MLS GRID #500269 Report a problem