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815 W 25Th Ave Gary, IN 46407

For Sale
$94,000

Apartment - Gary, IN

Type:Apartment
Lot size:
0.06 Acres
Days on Market:
33
Last Refresh:
Dec 6 at 2:06 pm

Property Features for 815 W 25Th Ave

General Information

Property type
Residential Multi Family
Property subtype
Apartment
Standard status
Active
Rooms
Basement, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3
Bedrooms
3
Bathrooms
1
APN
450816330006000004
Parking features
Off Street
Pets allowed
Yes
Exterior features
Rain Gutters
Basement Y/N
1
Lot size
0.06 Acres

Utilities

Heating system
Forced Air, Natural Gas

Building Details

Year built
1945
Floors in Building
1
Architectural style
Other

Moke Realty, Inc. (219) 662-3000 [email protected]

Listing agent Dennis Nichols (219) 662-3000 License #RB20001421

Listing date Nov 4, 2025

MLS# 824395 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

Turnkey Rental Property, Gary, IN

This 3-bedroom, 1-bath single-family home is located in Gary, IN. It is currently occupied by a long-term tenant on a month-to-month lease at $1,000 per month. The property features a newer roof and windows. The property is being sold As Is and offers potential for future rent increases or improvements. The lot size is 0.058 acres. The property provides immediate income with a 10.0 cap rate at the current asking price. The annual gross income is $12,000.
Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Realty agency Law Firm Restaurant 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
-87.346882
Latitude
41.572956

FAQs

What type of property is this?
Single family property - 3-bedroom, 1-bath single-family home with immediate income.
Where is this single family property located?
The property is located at 815 W 25Th Ave Gary, IN.
What is the asking price?
The asking price for this property is $94,000.
What are key features of this property?
This property features: - 10.0 Cap Rate at the current asking price, providing immediate income.; - Currently occupied by a reliable long-term tenant paying $1,000 per month.; - Newer roof and windows, reducing maintenance costs.
More about this property
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