Brick Duplex Investment
For Sale
$195,000
2228 Washington St, Gary, IN 46407
Tenant-occupied brick duplex with one month-to-month lease and one lease through February 2027.
Property SizeContact for details
Days on Market85
Property Features for 2228 Washington St
General Information
Standard status
Active
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Multifamily Units
2
Building Details
Year Built
1908
Tenancy
Multi
Listing Agency:
Listing Leaders Affiliated
Listed By:
Rebecca Olson
(219) 384-7957
Source:
Realtopiare
Added: Jun 16
Changed: Sep 6
Last Checked: Sep 7 at 11:24AM
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 Listing Leaders Affiliated
Investment Insights
Based on property information with market context.
This brick duplex investment property features two tenant-occupied units. One unit is on a month-to-month arrangement, and the other is leased through the end of February 2027, providing in-place rental continuity. The property is currently under professional management.
Management is willing to transfer to a new owner if needed, supporting a straightforward transition for qualified buyers.
The duplex is being offered for sale as a residential income property intended to add to an existing rental portfolio.
Management is willing to transfer to a new owner if needed, supporting a straightforward transition for qualified buyers.
The duplex is being offered for sale as a residential income property intended to add to an existing rental portfolio.
Key Highlights
- Brick duplex built in 1908
- Both units are tenant occupied
- One unit is month‑to‑month
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
296
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Tenant-occupied brick duplex with one month-to-month lease and one lease through February 2027.
Where is this duplex located?
The property is located at 2228 Washington St Gary, IN.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Brick duplex built in 1908; Both units are tenant occupied; One unit is month‑to‑month
