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$610,000
9,656
square ft

601 Delaware Street
Gary, Indiana 46402

New / MLS #836619 / Multiple Family / Gary
Listing information updated 4/6/2026 at 6:24pm
ATTENTION ALL INVESTORS!!!!! ADD THIS BEAUTY TO YOUR PORTFOLIO!!!! Nestled in the heart of downtown Gary, this building offers endless opportunities to increase your cash flow. This brick building offers 8 fully rehabbed units (northside offers open concept and the southside offers a more traditional layout). All units are two bedrooms w/ 1 bath but 1 bedroom is the size of two!!!! All properties have been remodeled down to the bones with new furnaces and water heaters in every unit along with new cabinets as well. There are also new windows on the south side of the building 6 units renting at/ for 1100 and 1 unit rented at 900 and the other at 1000 (that's a grand total of 8500 per month in rental income). The seller is also willing to package another single family rental along with this property. The address is 5025 e 13th Ave in Gary Indiana.
Exterior Type:
Brick,Vinyl Siding
Basement:
Storage Space,Unfinished
Water Front:
No
Square Feet:
9,656
Lot Size:
0.172 Acres
Acreage:
0.172
Built:
1920
Cooling System:
None
Roof:
Asphalt
Current Use:
Multi-Family
Business Use:
Other
Potential Use:
Multi-Family
Building Square Feet:
9,656
Tax Amount:
$7,394
Tax Year:
2024
Zip Code:
46402
City:
Gary
County:
Lake

Listing Office: Residential Premier RealEstate

Listing Office Phone: 219.682.1058

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 4/6/2026 at 6:24pm. 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

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...

Metra

Metra
South Shore line at Metro Center
$126,523
Average Sale Price
50
Average Days On The Market
90%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 601 Delaware Street, Gary, IN 46402
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601 Delaware Street, Gary, IN 46402 is a multiple family currently listed at $610,000. This multiple family has been listed on @properties Christie's International Real Estate since April 6th, 2026 and was built in 1920. The nearest transit stops include Metro Center Metra South Shore line.

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@properties Christie’s International Real Estate, the @properties Christie’s International Real Estate’s logo, and other various trademarks, logos, designs, and slogans herein are the registered and unregistered trademarks of At World Properties, LLC d/b/a @properties Christie’s International Real Estate.
Because At World Properties, LLC d/b/a @properties Christie’s International Real Estate and/or its owners have an interest in Proper Title, LLC, OriginPoint, A Rate Company, Christie’s International Real Estate, LLC, and Suburban Jungle, LLC, a referral to any of these entities may provide @properties Christie’s International Real Estate with a financial or other benefit. Working with @properties does not require you to use the services of any of these entities.
At World Properties Indiana, LLC is a subsidiary of At World Properties, LLC d/b/a @properties Christie’s International Real Estate.
At World Properties, LLC and its subsidiaries do not discriminate against the use of Housing Choice Vouchers. Se Aceptan Vales de Elección de Vivienda.
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