$125,000

beds

baths

3,080

square ft

4944 Kennedy Avenue

East Chicago, Indiana 46312

New / MLS #833651 / Multiple Unit (2-4) / East Chicago

Listing information updated 2/5/2026 at 5:24pm

Great opportunity to add a value-add multifamily property to your portfolio! This 4-unit residential building is located in East Chicago, Indiana and offers strong rental potential for the savvy investor. Each unit features 2 bedrooms and 1 full bathroom, providing a desirable layout for long-term tenants. The property is a fixer-upper, making it ideal for investors looking to renovate, increase rents, and build equity. With the right updates, this property has the potential to generate consistent cash flow. Perfect for investors seeking a multifamily asset with upside.

Full Features

Basement:

Unfinished

Beds Above Grade:

Cooling System:

None

Heating System:

Forced Air, Natural Gas

Appliances:

None

Pool:

Age:

114 Years

Roof Type:

Asphalt,Shingle

Parking Type:

Driveway,None,On Street

Garage:

Driveway,None,On Street

Room Count:

Water Front:

Square Feet:

3,080

Lot Size:

0.163 Acres

Acreage:

0.163

Taxes & Assessments

Tax Amount:

$1,194

Tax Year:

2024

Location

Zip Code:

46312

City:

East Chicago

County:

Lake

Schools

School District(s):

City of East Chicago

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Basement:

Unfinished

Beds Above Grade:

Cooling System:

None

Heating System:

Forced Air, Natural Gas

Appliances:

None

Pool:

Age:

114 Years

Roof Type:

Asphalt,Shingle

Parking Type:

Driveway,None,On Street

Garage:

Driveway,None,On Street

Room Count:

Water Front:

Square Feet:

3,080

Lot Size:

0.163 Acres

Acreage:

0.163

Tax Amount:

$1,194

Tax Year:

2024

Zip Code:

46312

City:

East Chicago

County:

Lake

School District(s):

City of East Chicago

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: Weichert Realtors - Shoreline

Listing Office Phone: 219.864.8440

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 2/5/2026 at 5:24pm. 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.