$97,500

beds

baths

996

square ft

1297-1299 W 15th Avenue

Gary, Indiana 46407

New / MLS #840881 / Multiple Unit (2-4) / Gary

Listing information updated 6/18/2026 at 6:24pm

Investor special in Gary! This bi-level duplex offers an outstanding value-add opportunity for investors, flippers, or buyers looking to build sweat equity. Featuring two units--one upper and one lower--this property has strong income potential with projected rents of approximately 1,200 per month per unit, creating a potential gross annual income of 28,800. With some renovation and updates, investors may have the opportunity to achieve attractive cash flow and returns. Whether you're looking to expand your rental portfolio, complete a fix-and-hold project, or capitalize on Northwest Indiana's continued growth and revitalization, this property deserves a look. Located just minutes from major highways, commuter routes, and the exciting redevelopment taking place throughout the region, now is the time to invest in Gary's future. Property is being sold as-is where is. Cash or renovation financing preferred. Hard money welcome.

Full Features

Beds Above Grade:

Cooling System:

None

Heating System:

None

Appliances:

None

Pool:

Age:

104 Years

Parking Type:

None

Garage:

None

Room Count:

Water Front:

Square Feet:

996

Lot Size:

0.162 Acres

Acreage:

0.162

Taxes & Assessments

Tax Amount:

$1,207

Tax Year:

2025

Location

Zip Code:

46407

City:

Gary

County:

Lake

Schools

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Beds Above Grade:

Cooling System:

None

Heating System:

None

Appliances:

None

Pool:

Age:

104 Years

Parking Type:

None

Garage:

None

Room Count:

Water Front:

Square Feet:

996

Lot Size:

0.162 Acres

Acreage:

0.162

Tax Amount:

$1,207

Tax Year:

2025

Zip Code:

46407

City:

Gary

County:

Lake

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: Weichert, Realtors-Moke Agency

Listing Office Phone: 219.662.3000

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 6/18/2026 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.