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Duplex with Basement
For Sale
$79,900

1517 Delaware Street, Gary, IN 46407

Residential Income, Gary, IN

Property SizeContact for details
Lot Size0.09 Acres
Days on Market51

Property Features for 1517 Delaware Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2
Parking features Off Street
Pets allowed Call
Basement Unfinished
Subdivision Mc Keys Add
Lot features Back Yard
Directions 80/94 & Broadway, north on Broadway to E 15th Ave east to Delaware St, south to property
Standard status Active
APN 450810326001000004
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description MC KEY'S ADD. L.18 BL.4
Tax Annual Amount 2452
Legal Description MC KEY'S ADD. L.18 BL.4

Utilities

Sewer type Public Sewer
Heating system Baseboard, Natural Gas
Water source Public

Building Details

Year built 1919
Floors in Building 2
Listing Agency: McColly Real Estate
Listed By: Juanita Nunez
Added: Sep 4 Changed: Oct 24 Last Checked: Oct 24 at 10:06AM
MLS# 844854

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.

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Investment Insights

Based on property information with market context.

Located at 1517 Delaware Street in Gary, Indiana, this duplex contains two residential units, each arranged with two bedrooms, one bathroom, a living room, dining space, and a kitchen. The property is being sold as-is and was previously used as a rental. A basement is also included in the building’s room configuration.

The 0.092-acre property was built in 1919 and has off-street parking. Public water and public sewer serve the property, while heating is provided by natural gas and baseboard systems.

Key Highlights

  • Two‑unit duplex with 2 bedrooms and 1 bathroom per unit
  • Each unit includes living, dining, and kitchen areas
  • 0.092‑acre lot in Gary, IN

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

454
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer living, dining, and kitchen areas with off-street parking.
Where is this duplex located?
The property is located at 1517 Delaware Street Gary, IN.
What is the asking price?
The asking price for this property is $79,900.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 bathroom per unit; Each unit includes living, dining, and kitchen areas; 0.092‑acre lot in Gary, IN
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