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    251 Polk St Gary, IN 46402

    Pending
    For Sale
    $75,000

    Duplex - Gary, IN

    Type:Duplex
    Lot size:
    0.09 Acres
    Days on Market:
    16
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 251 Polk St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Pending
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    2
    APN
    450804128012000004
    Pets allowed
    Yes
    Exterior features
    Balcony
    Appliances
    Dryer, Microwave, Range, Refrigerator, Water - Softener
    Lot size
    0.09 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1924
    Floors in Building
    2
    Architectural style
    Other

    Integrity Realty Partners (219) 501-0404 [email protected]

    Listing agent Mia James (219) 501-0404 License #RB24000233

    Listing date Nov 20, 2025

    MLS# 830253 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

    Duplex with Rental Potential

    Located in Gary, Indiana, this duplex at 251 Polk Street presents an investment opportunity. The property features a newer roof, furnace, and water heater. Each unit includes 2 bedrooms, 1 full bathroom, and an open-concept living, dining, and kitchen area. The property is currently owner-occupied and offers potential as an income generator or house hack opportunity with remodeling.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Gary
    County
    Lake
    State
    Indiana
    Longitude
    -87.349408
    Latitude
    41.606511

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    FAQs

    What type of property is this?
    Duplex - Duplex in Gary, Indiana with newer roof and furnace.
    Where is this duplex located?
    The property is located at 251 Polk St 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: - Newer roof, furnace, and water heater minimize immediate repair costs.; - Duplex property offers income-generating potential.; - Each unit features 2 bedrooms and 1 bathroom.
    (219) 501-0404
    Request Owner's contact information
    251 Polk St Gary, IN 46402
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    Gary, IN 46402
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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
    251 Polk St Gary, IN 46402
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