$235,000

beds

baths

1,629

square ft

2715 Floyd Street

Gary, Indiana 46405

Pending / MLS #831413 / Multiple Unit (2-4) / Gary

Listing information updated 12/9/2025 at 2:24pm

Two Homes on one lot Opportunity in a Prime Location with a high cap rate!!! Welcome to 2715 Floyd St, a one-of-a-kind property offering two ranch-style homes on one lot, perfect for investors or multi-generational living! The front home has been beautifully remodeled with a modern, open-concept design, featuring 2 bedrooms, 1 bathroom, and a brand-new furnace. The second home also includes 2 bedrooms and 1 bathrooma"ideal for extended family, guests, or generating rental income. Outside, you'll find a spacious 2.5-car heated garage with wood-burning stove, an enclosed screened porch, and a meticulously landscaped yard that's perfect for relaxing or entertaining. Additional highlights include separate NIPSCO meters for each home and a prime location with easy access to Chicago, shopping, hospitals, and nearby attractions like the International Dunes Park. Whether you're looking for steady cash flow with over a 12 cap rate or a unique related-living setup, this dual-home property has it all!

Full Features

Basement:

Crawl Space,Sump Pump

Beds Above Grade:

Cooling System:

Central Air, Ceiling Fan(s)

Heating System:

Central, Natural Gas, Forced Air

Appliances:

Dryer, Washer, Refrigerator, Gas Water Heater, Gas Range

Pool:

Age:

101 Years

Roof Type:

Asphalt,Shingle

Parking Type:

Alley Access,Garage Door Opener,Detached,On Street,Heated Garage,Garage Faces Rear

Parking Spaces:

Garage:

Alley Access,Garage Door Opener,Detached,On Street,Heated Garage,Garage Faces Rear

Room Count:

Water Front:

Square Feet:

1,629

Lot Size:

0.213 Acres

Acreage:

0.213

Taxes & Assessments

Tax Amount:

$2,076

Tax Year:

2023

Location

Zip Code:

46405

City:

Gary

County:

Lake

Schools

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Basement:

Crawl Space,Sump Pump

Beds Above Grade:

Cooling System:

Central Air, Ceiling Fan(s)

Heating System:

Central, Natural Gas, Forced Air

Appliances:

Dryer, Washer, Refrigerator, Gas Water Heater, Gas Range

Pool:

Age:

101 Years

Roof Type:

Asphalt,Shingle

Parking Type:

Alley Access,Garage Door Opener,Detached,On Street,Heated Garage,Garage Faces Rear

Parking Spaces:

Garage:

Alley Access,Garage Door Opener,Detached,On Street,Heated Garage,Garage Faces Rear

Room Count:

Water Front:

Square Feet:

1,629

Lot Size:

0.213 Acres

Acreage:

0.213

Tax Amount:

$2,076

Tax Year:

2023

Zip Code:

46405

City:

Gary

County:

Lake

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: McCormick Real Estate, Inc.

Listing Office Phone: 219.663.9300

Disclaimer: The data relating to real estate for sale on this website comes courtesy of NIRA as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/9/2025 at 2:24pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.