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Two-Unit Duplex with Rehab Needs
For Sale
$60,000

2526 W 9th Ave, Gary, IN 46404

The property contains two separate units and requires a full rehabilitation.

Property Size1,200 SF
Price / SF$50
Days on Market28

Property Features for 2526 W 9th Ave

General Information

Standard status Active
Size 1,200 SF
Elevators No
Property subtype Residential Income

Site & Location

Highway Access No
Road Access No
Public Transit No
Utilities to Site No

Additional Details

Furnished No
Opportunity Zone No
Sprinkler System No
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $171
Listing Agency: LPT Realty LLC
Listed By: Veronica Lugo · License #475207177
Source: Exprealty
Added: Aug 3 Changed: Aug 25 Last Checked: Aug 29 at 1:14PM

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 LPT Realty LLC

Investment Insights

Based on property information with market context.

Built in 1920, this duplex includes two separate residential units and is being offered in its current as-is condition. The property requires a full rehabilitation, providing a renovation project for a buyer prepared to evaluate and address its condition.

The two-unit configuration supports several ownership approaches described for the property, including renovating both units for rental occupancy or living in one unit while using the other for income. Buyers are responsible for completing their own due diligence regarding condition, zoning, and intended use before proceeding.

Key Highlights

  • Two separate residential units
  • Full rehabilitation required
  • Offered in as‑is condition

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Restaurant Spa & Massage Center Law Firm

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

241
Businesses Nearby

Demographics for 46404, IN

15,658
Population
7,708
Households
2
Avg Household Size
39
Median Age
16%
College-Educated
89%
High-School Grad
6.0 sq mi
ZIP Area
2,610
Density / Sq Mi
$39,188
Median Household Income
$34,337
Median Earnings
$995
Median Rent
$88,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - The property contains two separate units and requires a full rehabilitation.
Where is this duplex located?
The property is located at 2526 W 9th Ave Gary, IN.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: Two separate residential units; Full rehabilitation required; Offered in as‑is condition
More about this property
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