Turnkey Two-Unit Income
For Sale
$184,900
3931 Grace St, East Chicago, IN 46312
Fully rented two-unit residential property, with each updated unit offering two bedrooms, a living room, kitchen, and full bath.
Property SizeContact for details
Days on Market63
Property Features for 3931 Grace St
General Information
Standard status
Active
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Business Included
Yes
Multifamily Units
2
Building Details
Year Built
1926
Tenancy
Multi
Listing Agency:
McColly Real Estate
Listed By:
Estela Lopez · License #475123482
(219) 218-3333
Source:
Nwindianahomesearcher
Added: Jul 8
Changed: Sep 8
Last Checked: Jul 31 at 2:47PM
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.
Turnkey, income-producing two-unit residential property offered for sale as-is. Both units are fully rented and feature updated interiors. Each unit includes two bedrooms, a spacious living room, a kitchen, and a full bath, providing a straightforward, consistent layout for tenants.
The property is located at 3931 Grace Street in East Chicago, Indiana. It is presented in a fully rented condition, with rental income already in place.
The seller notes the property is being sold as-is, making this a good fit for buyers looking for an immediately income-generating duplex configuration.
The property is located at 3931 Grace Street in East Chicago, Indiana. It is presented in a fully rented condition, with rental income already in place.
The seller notes the property is being sold as-is, making this a good fit for buyers looking for an immediately income-generating duplex configuration.
Key Highlights
- 2‑unit residential property built in 1926
- Both units are currently rented
- Each updated unit offers 2 bedrooms, a living room, kitchen, and full bath
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
283
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Fully rented two-unit residential property, with each updated unit offering two bedrooms, a living room, kitchen, and full bath.
Where is this duplex located?
The property is located at 3931 Grace St East Chicago, IN.
What is the asking price?
The asking price for this property is $184,900.
What are key features of this property?
This property features: 2‑unit residential property built in 1926; Both units are currently rented; Each updated unit offers 2 bedrooms, a living room, kitchen, and full bath
