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Listing provided courtesy of McColly Real EstateNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 837267MLS Provider

1937 Martin Luther King DriveGary, IN 46407

Multi-Family · 3 Beds · 2 Full Baths · 0.10 Acres
$9,900 Active

1937 Martin Luther King Drive Overview

Time on Site:
74 days
Visits:
0

2 units for 25K!!! This property could be an excellent addition to an experienced investor's portfolio. Enter at your own risk! Sold AS IS. Cash offers only.... HARD MONEY IS NOT CASH!!

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1937 Martin Luther King Drive Facts & Features

  • Type Multi-Family
  • Lot 0.10 Acres

Details

General

Association/HOA

  • Association: false

Building Information

  • New Construction: false
  • Year Built: 1935

Location/Region

  • County Or Parish: Lake
  • Subdivision Name: None
  • Township: Calumet

Tax Information

  • Tax Annual Amount: 687
  • Tax Year: 2025

General Information

  • Listing Terms: Cash
  • Parcel Number: 450810479008000004
  • Pets Allowed: Yes
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 3

Building Interior

  • Above Grade Finished Area: 966

General Information

  • Appliances: None
  • Fireplace: false
  • Heating: None
  • Interior Features: None
  • Levels: Bi-Level
  • Living Area Source: Assessor
  • Rooms Total: 5

Exterior

Parking Information

  • Parking Features: On Street

Lot Information

  • Lot Features: Back Yard,Rectangular Lot,Front Yard
  • Lot Size Acres: 0.1
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 4356
  • Water Source: Public

Waterfront/View

  • Waterfront: false

General Information

  • Sewer: Public Sewer
  • Utilities: None

1937 Martin Luther King Drive Neighborhood

Community

46407 (Gary) Demographics

39
Median Age
2,572
Population Density (per sq. mile)
19%
College Educated
$22,387
Estimated Median Income
2,042
Estimated Total Home Owners
2,870
Estimated Total Renters
42% / 58%
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.

1937 Martin Luther King Drive Monthly Cost

$
$ %
%
$
$
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.

1937 Martin Luther King Drive Market Data

Based on the last 30 days in this zip code

$82,703
Average List Price
$63
Average Price per Square Foot
10
Properties Sold
107
Average Days on Market
85
Properties for Sale
Calculations provided by Reliance Network

1937 Martin Luther King Drive History

Date Event Value Agent
6/10/2026Source: Northwest Indiana MLS Price Reduction
$9,900 -34.0%
5/19/2026Source: Northwest Indiana MLS Price Reduction
$15,000 -25.0%
4/29/2026Source: Northwest Indiana MLS Price Reduction
$20,000 -20.0%
4/17/2026Source: Northwest Indiana MLS Added to Database
April 17, 2026