601 Delaware Street Gary, IN 46402
New
- Added:
- Apr 6, 2026
- Days on Market:
- 2
- Last Refresh:
- Apr 7 at 2:06 am
Property Features for 601 Delaware Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street, Alley
- Interior features
- Open Floorplan, Recessed Lighting, Pantry
- Exterior features
- Private Yard, Rain Gutters
- Basement
- Unfinished, Storage Space
- Appliances
- Gas Range, Refrigerator, Microwave, Gas Water Heater
- Standard status
- Active
- APN
- 450803330001000004
- Size
- 9,656 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- GARY LAND CO'S. 1ST SUB. ALL L.1 & L.2 BL.64
- Tax Annual Amount
- 7394
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1920
Listing agent Paul Dunlap (219) 746-0121
Listing office Residential Premier RealEstate 8396 Mississippi St., Suite G1, Merrillville, IN (219) 682-1058
Listing date Apr 6, 2026
MLS# 836619
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.
Overview
Rehabbed Multifamily Building in Gary
Located in downtown Gary, this multifamily property features eight fully renovated units. The brick building includes units with both open-concept and traditional layouts. Each unit contains two bedrooms and one bathroom; one bedroom in each unit is notably large, equivalent to two standard bedrooms. All units have been remodeled with new furnaces, water heaters, and cabinets. New windows have been installed on the south side of the building. Six units are rented for $1,100 each, one for $900, and another for $1,000, generating a total monthly rental income of $8,500. The property occupies a lot of approximately 0.172 acres and the building size is 9,656 square feet. This property presents opportunities for increased cash flow.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Gary
- County
- Lake
- State
- Indiana
- Longitude
- -87.331857
- Latitude
- 41.600088
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Eight-unit multifamily property with recent renovations and strong rental income.
Where is this apartment building located?
The property is located at 601 Delaware Street Gary, IN.
What is the asking price?
The asking price for this property is $610,000.
What are key features of this property?
This property features: Fully rehabbed building with 8 units, offering immediate rental income.; High monthly rental income of $8,500.; New furnaces and water heaters in every unit.
