6-Unit Apartment
New
For Sale
$400,000
1301 Pennsylvania St, Gary, IN 46407
The apartment mix includes one-, two-, and three-bedroom layouts.
Property Size6,435 SF
Price / SF$62.16
Days on Market7
Property Features for 1301 Pennsylvania St
General Information
Standard status
Active
Size
6,435 SF
Property subtype
Commercial
Building Details
Year Built
1927
Listing Agency:
McColly Real Estate
Listed By:
Mary Aaron · License #475149952
(219) 805-7629
Source:
Jason.northwestindianahomelistings
Added: Sep 24
Changed: Sep 29
Last Checked: Sep 30 at 12:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of McColly Real Estate
Investment Insights
Based on property information with market context.
This 5,798-square-foot apartment building was constructed in 1927 and contains six units: three one-bedroom apartments, two two-bedroom apartments, and one three-bedroom apartment. Four units are occupied. The property is being sold as-is.
At 1301 Pennsylvania St in Gary, the property is near casinos in East Chicago and Gary, RailCats Stadium, the Greyhound bus station, and South Shore Rail lines. Skyway and I-94 provide transportation connections in the surrounding area.
At 1301 Pennsylvania St in Gary, the property is near casinos in East Chicago and Gary, RailCats Stadium, the Greyhound bus station, and South Shore Rail lines. Skyway and I-94 provide transportation connections in the surrounding area.
Key Highlights
- Six apartments: 3 one‑bedroom, 2 two‑bedroom, and 1 three‑bedroom units
- 4 of 6 units occupied
- 5,798 square feet; built in 1927
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
457
Businesses Nearby
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Business Placement
Demographics for 46407, IN
9,862
Population
6,644
Households
1.5
Avg Household Size
39
Median Age
11%
College-Educated
81%
High-School Grad
4.2 sq mi
ZIP Area
2,348
Density / Sq Mi
$25,551
Median Household Income
$28,504
Median Earnings
$807
Median Rent
$55,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - The apartment mix includes one-, two-, and three-bedroom layouts.
Where is this apartment building located?
The property is located at 1301 Pennsylvania St Gary, IN.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Six apartments: 3 one‑bedroom, 2 two‑bedroom, and 1 three‑bedroom units; 4 of 6 units occupied; 5,798 square feet; built in 1927
