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Listing provided courtesy of Listing Leaders AffiliatedNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 840541MLS Provider

1220 W 41st AvenueGary, IN 46408

Multi-Family · 4 Beds · 3 Full Baths · 0.11 Acres
$219,900 Active

1220 W 41st Avenue Overview

Time on Site:
18 days
Visits:
0

Great Cash flowing multi unit. The 3 units were recently renovated. Professionally managed and ready for a new owner. Two units are currently tenanted and one unit is being marketed. Subject to tenants rights.

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1220 W 41st Avenue Facts & Features

  • Type Multi-Family
  • Lot 0.11 Acres

Details

General

Building Information

  • New Construction: false
  • Year Built: 1927

Location/Region

  • County Or Parish: Lake
  • Subdivision Name: First Sub Oakington Park City Ga
  • Township: Calumet

Rent/Lease Information

  • Lease Considered: false

Tax Information

  • Tax Annual Amount: 2581
  • Tax Assessed Value: 102900
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 450828159026000004
  • Pets Allowed: Breed Restrictions
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Special Listing Conditions: Agent Owned

Interior

Parking Information

  • Garage Spaces: 2
  • Garage: true

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Total: 3
  • Bedrooms Total: 4

Building Interior

  • Above Grade Finished Area: 2250

General Information

  • Appliances: Gas Range,Range Hood,Refrigerator
  • Fireplace Features: Living Room
  • Fireplace: true
  • Fireplaces Total: 1
  • Heating: Central
  • Interior Features: Granite Counters
  • Levels: Two
  • Living Area Source: Assessor
  • Security Features: Smoke Detector(s)

Exterior

Parking Information

  • Parking Features: Alley Access,On Street

Lot Information

  • Lot Features: Corner Lot
  • Lot Size Acres: 0.11
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 4792
  • Water Source: Public

Waterfront/View

  • View: Neighborhood
  • Waterfront: false

General Information

  • Sewer: Public Sewer

1220 W 41st Avenue Neighborhood

Community

46408 (Gary) Demographics

40
Median Age
1,645
Population Density (per sq. mile)
18%
College Educated
$39,956
Estimated Median Income
4,301
Estimated Total Home Owners
2,429
Estimated Total Renters
64% / 36%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1220 W 41st Avenue Monthly Cost

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$ %
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$
Jeremy Woods
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1220 W 41st Avenue Market Data

Based on the last 30 days in this zip code

$132,494
Average List Price
$94
Average Price per Square Foot
13
Properties Sold
68
Average Days on Market
72
Properties for Sale
Calculations provided by Reliance Network

1220 W 41st Avenue History

Date Event Value Agent
6/11/2026Source: Northwest Indiana MLS Added to Database
June 11, 2026