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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

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    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.
    (219) 662-3000
    Request Owner's contact information
    815 W 25Th Ave Gary, IN 46407
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    Gary, IN 46407
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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
    815 W 25Th Ave Gary, IN 46407
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