$60,000

beds

baths

1,512

square ft

1295 W 16th Avenue

Gary, Indiana 46407

New / MLS #834749 / Multiple Unit (2-4) / Gary

Listing information updated 3/2/2026 at 1:24pm

Fantastic investment opportunity or Ideal for buyers looking to offset their mortgage with rental income. This 3-unit property offers excellent income potential for the savvy buyer. With a little TLC and elbow grease, this multi-unit can become a strong cash-flowing asset or owner-occupied income property. Spacious layout with solid bones and plenty of upside. Bring your vision and unlock the possibilities!

Full Features

Basement:

Bath/Stubbed,Walk-Out Access,Unfinished

Beds Above Grade:

Cooling System:

None

Heating System:

None

Appliances:

None

Pool:

Age:

108 Years

Parking Type:

Alley Access,Off Street,Detached

Parking Spaces:

Garage:

Alley Access,Off Street,Detached

Room Count:

Water Front:

Square Feet:

1,512

Lot Size:

0.1263 Acres

Acreage:

0.1263

Taxes & Assessments

Tax Amount:

$870

Tax Year:

2024

Location

Zip Code:

46407

City:

Gary

County:

Lake

Schools

Elementary School:

N/A

Middle School:

N/A

High School:

West Side Leadership Academy

Basement:

Bath/Stubbed,Walk-Out Access,Unfinished

Beds Above Grade:

Cooling System:

None

Heating System:

None

Appliances:

None

Pool:

Age:

108 Years

Parking Type:

Alley Access,Off Street,Detached

Parking Spaces:

Garage:

Alley Access,Off Street,Detached

Room Count:

Water Front:

Square Feet:

1,512

Lot Size:

0.1263 Acres

Acreage:

0.1263

Tax Amount:

$870

Tax Year:

2024

Zip Code:

46407

City:

Gary

County:

Lake

Elementary School:

N/A

Middle School:

N/A

High School:

West Side Leadership Academy

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 3/2/2026 at 1:24pm. 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.

Gary, IN

The city of Gary is known for its proximity to both Lake Michigan and the Indiana Dunes, giving residents access to an abundance of recreational opportunities and several miles of beaches and nature trails. Located approximately 30 miles southeast of Chicago, Gary is home to several communitie...

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$126,498

Average Sale Price

Average Days On The Market

91%

Sales Prices VS. List Price

Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.