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Bi-Level Duplex For Sale

1297-1299 W 15th Avenue Gary, IN 46407

1297-1299 W 15th Avenue, Gary, IN, 46407
$97,500
For Sale
$97,500

MULTI_FAMILY - Gary, IN

Lot Size0.16 Acres
Days on Market35

Property Features for 1297-1299 W 15th Avenue

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
2
Rooms
Bedroom 4, Bedroom 1, Bedroom 6, Bathroom 2, Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 2
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

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 Updated: Jul 18 at 1:39AM Checked: Jul 22 at 5:06PM
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 separate units, configured as one upper unit and one lower unit. The property is offered for sale as-is where-is, with renovation and updates anticipated. The seller’s remarks reference projected rents of approximately $1,200 per month per unit, for a cited potential gross annual income of about $28,800.

The duplex is located in Gary, Indiana, in Lake County. Public remarks indicate the property is just minutes from major highways and commuter routes, and positioned within an area described as experiencing redevelopment activity across the region.

For buyers seeking a residential income asset that can be improved through renovation, this duplex provides a straightforward two-unit structure. It may fit investors looking to add to or expand a rental portfolio, or buyers interested in a fix-and-hold approach. The sale is stated as as-is where-is, with cash or renovation financing preferred and hard money welcomed, supporting transaction flexibility for appropriately financed purchasers.

Key Highlights

  • 1922‑built bi‑level duplex with two units (upper and lower)
  • Public water and public sewer connections
  • Projected rents of approximately $1,200 per month per unit (potential $28,800 gross annual income)

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Big Box & Wholesale Store Building Supply (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Cafe & Coffee Shop Locksmith Gym & Fitness Center Tech Support Center

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

FAQs

What type of property is this?
Duplex - Two bi-level units offer an as-is, renovation-minded duplex setup for income-focused buyers and investors.
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: 1922‑built bi‑level duplex with two units (upper and lower); Public water and public sewer connections; Projected rents of approximately $1,200 per month per unit (potential $28,800 gross annual income)
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