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Two-Bedroom Duplex Unit
New
For Sale
$67,500

5046 Jefferson Street, Gary, IN 46408

SINGLE_FAMILY - Gary, IN

Property Size928 SF
Lot Size0.09 Acres
Price / SF$72.74
Days on Market7

Property Features for 5046 Jefferson Street

General Information

Property type Residential
Property subtype Duplex
Bedrooms 2
Bathrooms 1
Full bathrooms 1
Rooms Bonus Room, Basement, Bathroom 1, Bedroom 2, Bedroom 1
Parking features On Street
Basement Unfinished
Appliances Range, Refrigerator
Subdivision Junedale
Lot features Back Yard, Front Yard
Directions From Broadway, East on 51st Ave, North on Jefferson St to property.
Standard status Active
APN 450833430024000004
Size 928 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description JUNEDALE SUBDIV. N. 9.5 FT OF L.22 BL.21 S. 20 FT. OF L.23 BL.21
Tax Annual Amount 2494
Legal Description JUNEDALE SUBDIV. N. 9.5 FT OF L.22 BL.21 S. 20 FT. OF L.23 BL.21

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Water source Public

Building Details

Year built 1942
Floors in Building 2
Listing Agency: Realty Executives Premier · Realty Executives International
Listed By: Valeria Duesler
Added: Aug 6 Changed: Aug 7 Last Checked: Aug 12 at 7:06AM
MLS# 843475

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 928-square-foot half duplex includes two bedrooms, one bathroom, a bonus room, and a basement. The residence was built in 1942 and has received several notable system updates, including newer mechanical equipment, a newer roof, and a brand-new A/C unit. A range and refrigerator are included, while forced-air heating is fueled by natural gas.

The property occupies a 0.09-acre lot with public water and public sewer service. Parking features include a private garage and on-street parking. This side of the duplex is offered separately from the other unit, providing a distinct ownership opportunity within the paired property.

Key Highlights

  • 928 SF half duplex with 2 bedrooms and 1 bathroom
  • Bonus room adds flexible interior space
  • Newer mechanicals and newer roof

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Building Supply Gym & Fitness Center Electrical Service

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

285
Businesses Nearby

Demographics for 46408, IN

15,109
Population
7,861
Households
1.9
Avg Household Size
38
Median Age
12%
College-Educated
84%
High-School Grad
9.7 sq mi
ZIP Area
1,558
Density / Sq Mi
$47,063
Median Household Income
$35,163
Median Earnings
$1,016
Median Rent
$96,200
Median Home Value

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 - Half-duplex residence with a bonus room, newer mechanical systems, and a private garage.
Where is this duplex located?
The property is located at 5046 Jefferson Street Gary, IN.
What is the asking price?
The asking price for this property is $67,500.
What are key features of this property?
This property features: 928 SF half duplex with 2 bedrooms and 1 bathroom; Bonus room adds flexible interior space; Newer mechanicals and newer roof
More about this property
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