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Duplex with Renovated Unit
For Sale
$180,000
Pending

3926 Butternut Street, East Chicago, IN 46312

One unit includes a flexible bonus area and supplied kitchen appliances.

Property Size2,992 SF
Days on Market519

Property Features for 3926 Butternut Street

General Information

Standard status Pending
Size 2,992 SF
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $1,660

Building Details

Year Built 1918
Listing Agency: Key Realty Indiana, LLC
Listed By: Cindy Malmquist
Source: Exitrealty
Added: Apr 3, 2025 Changed: Sep 2 Last Checked: Aug 29 at 8:35PM

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 Key Realty Indiana, LLC

Investment Insights

Based on property information with market context.

This duplex property comprises 2,992 square feet and dates to 1918, with buildings identified at 3926 and 3922 Butternut Street. The two-story configuration includes two-bedroom, one-bath units. One unit has been updated with hard-surface finishes and fresh paint, plus a stove, refrigerator, and additional flex space. The second unit is occupied under a lease scheduled to expire in Dec 2025. Tenants are responsible for gas and electric service. The property is offered in AS IS condition.

Key Highlights

  • 2,992‑square‑foot duplex property built in 1918
  • Two‑bedroom, one‑full‑bath unit configuration
  • One unit recently renovated with hard surfaces and fresh paint

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Parking Lot & Garage Law Firm Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

830
Businesses Nearby

Demographics for 46312, IN

26,370
Population
12,429
Households
2.1
Avg Household Size
33
Median Age
10%
College-Educated
74%
High-School Grad
14.0 sq mi
ZIP Area
1,884
Density / Sq Mi
$41,071
Median Household Income
$32,930
Median Earnings
$820
Median Rent
$92,400
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 - One unit includes a flexible bonus area and supplied kitchen appliances.
Where is this duplex located?
The property is located at 3926 Butternut Street East Chicago, IN.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: 2,992‑square‑foot duplex property built in 1918; Two‑bedroom, one‑full‑bath unit configuration; One unit recently renovated with hard surfaces and fresh paint
More about this property
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