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Bi-Level Duplex
For Sale
$97,500

1297-1299 W 15th Avenue, Gary, IN 46407

Residential Income, Gary, IN

Property SizeContact for details
Lot Size0.16 Acres
Days on Market86

Property Features for 1297-1299 W 15th Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 6, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 5
Subdivision Logan Park Second Add
Lot features Back Yard, Rectangular Lot
Directions Burr to 15th Ave, turn east property on south side of street
Standard status Active
APN 450809301023000004
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOGAN PARK SECOND ADD BLOCK 3 LOTS 1 & 2
Tax Annual Amount 1207
Legal Description LOGAN PARK SECOND ADD BLOCK 3 LOTS 1 & 2

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1922
Floors in Building 2
Listing Agency: Weichert, Realtors-Moke Agency
Listed By: Dennis Nichols · License #RB20001421
Added: Jun 18 Changed: Sep 2 Last Checked: Sep 11 at 2:06AM
MLS# 840881

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This bi-level duplex contains two residential units, with one positioned on the upper level and the other below. The property was built in 1922 and is offered in its current as-is condition. Public water and public sewer serve the building.

The property is located at 1297-1299 W 15th Avenue in Gary, Indiana, within Lake County. The parcel encompasses 0.162 acres. Existing room data identifies six bedrooms and two bathrooms overall, supporting the two-unit configuration.

Key Highlights

  • Two‑unit duplex with upper- and lower‑level residences
  • 0.162‑acre parcel in Gary, IN
  • Built in 1922

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply (Bike/Boat/Book/etc) Store Furniture & Home Goods Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

273
Businesses Nearby

Demographics for 46407, IN

9,862
Population
6,644
Households
1.5
Avg Household Size
39
Median Age
11%
College-Educated
81%
High-School Grad
4.2 sq mi
ZIP Area
2,348
Density / Sq Mi
$25,551
Median Household Income
$28,504
Median Earnings
$807
Median Rent
$55,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units are arranged across separate upper and lower levels.
Where is this duplex located?
The property is located at 1297-1299 W 15th Avenue Gary, IN.
What is the asking price?
The asking price for this property is $97,500.
What are key features of this property?
This property features: Two‑unit duplex with upper- and lower‑level residences; 0.162‑acre parcel in Gary, IN; Built in 1922
More about this property
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