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2-Unit Duplex
For Sale
$86,000

1517 Delaware St, Gary, IN 46407

Gary duplex with matching two-bedroom layouts and separate living, dining, and kitchen areas.

Property Size1,800 SF
Price / SF$47.78
Days on Market12

Property Features for 1517 Delaware St

General Information

Standard status Active
Size 1,800 SF
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $2,452

Building Details

Buildings 1
Tenancy Multi
Listing Agency: McColly Real Estate
Listed By: Juanita Nunez
Source: Exprealty
Added: Sep 4 Changed: Sep 15 Last Checked: Sep 15 at 12:57PM

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 duplex contains two residential units, each arranged with two bedrooms, one bathroom, and separate living, dining, and kitchen areas. The property measures 1,800 and is being offered in as-is condition.

Previously used as a rental, the building is located at 1517 Delaware St in Gary, Indiana. Its two-unit configuration provides a straightforward residential income property format for an owner evaluating the existing layout and condition.

Key Highlights

  • Two‑unit duplex configuration
  • Each unit includes 2 bedrooms and 1 bathroom
  • Separate living, dining, and kitchen areas in each unit

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center HVAC Service Big Box & Wholesale Store Electrical Service

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

Lease Details

Multi-tenant
Tenancy

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
View Realmo Analytics

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 - Gary duplex with matching two-bedroom layouts and separate living, dining, and kitchen areas.
Where is this duplex located?
The property is located at 1517 Delaware St Gary, IN.
What is the asking price?
The asking price for this property is $86,000.
What are key features of this property?
This property features: Two‑unit duplex configuration; Each unit includes 2 bedrooms and 1 bathroom; Separate living, dining, and kitchen areas in each unit
More about this property
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