Updated Quadplex with
5001 Magoun Avenue, East Chicago, IN 46312
For Sale
$440,000
Residential Income, East Chicago, IN
Property SizeContact for details
Lot Size0.16 Acres
Days on Market398
Property Features for 5001 Magoun Avenue
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
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Parking
Parking features
Pets allowed
Basement
Appliances
Subdivision
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APN
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
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Water source
Building Details
Year built
Floors in Building
Listing Agency:
Listing Leaders
(219) 462-5478
Listed By:
Michael Dailey · License IN RB22000487
(312) 259-1126
Added: Oct 9, 2025
Changed: Nov 10
Last Checked: Nov 10 at 9:06PM
MLS# 829086
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
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This four-unit residential income property includes three residences with recently updated interiors. The building dates to 1900 and includes basement space, gas ranges, refrigerators, baseboard heating, and natural gas service. On-site driveway parking is provided, and the property is served by public water and public sewer.
Located at 5001 Magoun Avenue in East Chicago, Indiana, the property occupies 0.1607 acres. All tenants were placed within the past 24 months following screening that included criminal background, credit, and employment verification. The asset offers a four-unit configuration with updated components, established tenancy, and practical residential features.
Located at 5001 Magoun Avenue in East Chicago, Indiana, the property occupies 0.1607 acres. All tenants were placed within the past 24 months following screening that included criminal background, credit, and employment verification. The asset offers a four-unit configuration with updated components, established tenancy, and practical residential features.
Key Highlights
- Four‑unit residential income property on 0.1607 acres
- Three of four units have recently updated interiors
- All tenants placed within the past 24 months
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
537
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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
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Frequently Asked Questions
What type of property is this?
Quadplex - Three residences feature updated interiors, with public water and sewer service supporting the four-unit property.
Where is this quadplex located?
The property is located at 5001 Magoun Avenue East Chicago, IN.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: Four‑unit residential income property on 0.1607 acres; Three of four units have recently updated interiors; All tenants placed within the past 24 months
