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    1241 W 17Th Ave Gary, IN 46407

    For Sale
    $75,000

    Triplex - Gary, IN

    Type:Triplex
    Lot size:
    0.07 Acres
    Days on Market:
    33
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 1241 W 17Th Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    9
    Bathrooms
    3
    APN
    450809303034000004
    Parking features
    On Street
    Pets allowed
    No
    Basement Y/N
    1
    Lot size
    0.07 Acres

    Building Details

    Year built
    1925
    Architectural style
    Other

    Better Homes and Gardens Real Estate Connections (219) 613-6275 [email protected]

    Listing agent Frederick Long (219) 999-8990 License #RB20000411

    Listing date Nov 3, 2025

    MLS# 829035 Listing URL

    Copyright © 2025 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Gary, IN Triplex Opportunity

    This triplex in Gary, Indiana, presents an opportunity for investors. The property has been gutted down to the studs, offering a blank canvas for complete transformation. This property is suited for creating rental units or a multi-family residence. Located in an up-and-coming area of Gary, the property allows for customized design from layout to finishes, with the potential to become an income-producing asset. The lot size is 0.072 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gary
    County
    Lake
    State
    Indiana
    Longitude
    -87.35256
    Latitude
    41.585737

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    FAQs

    What type of property is this?
    Triplex - Gutted triplex ready for transformation in up-and-coming Gary.
    Where is this triplex located?
    The property is located at 1241 W 17Th Ave Gary, IN.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: - Gutted to the studs, providing a blank canvas for complete customization and design.; - Potential for high-demand rental units or a multi-family retreat.; - Located in an up-and-coming area of Gary.
    (219) 999-8990
    Request Owner's contact information
    1241 W 17Th Ave Gary, IN 46407
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    Gary, IN 46407
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1241 W 17Th Ave Gary, IN 46407
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