Gary, IN 46407 1297-1299 W 15th Avenue

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Presented By: Dennis Nichols with Weichert, Realtors-Moke Agency - (219) 662-3000;
  • MLS# 840881
  • 06/18/2026
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  • Beds • 6
  • Baths • 2

Home Details

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.
Presented By: Dennis Nichols with Weichert, Realtors-Moke Agency - (219) 662-3000;

Interior Features for 1297-1299 W 15th Avenue

Bedrooms

Total Bedrooms6

Bathrooms

3/4 Baths0
Half Baths
Total Baths2

Other Interior Features

LivingAreaSourceAssessor
Above Grade Finished Area996
Fireplace Y/NNo
Interior AmenitiesNone

General for 1297-1299 W 15th Avenue

AppliancesNone
CityGary
CountyLake
DirectionsBurr to 15th Ave, turn east property on south side of street
Full Baths2
Garage Y/NNo
HOANo
HeatingNone
Lease Considered Y/NNo
Legal DescriptionLOGAN PARK SECOND ADD BLOCK 3 LOTS 1 & 2
LevelsBi-Level
Listing TermsCash, Other, Conventional
Lot Size Square Feet7057
New ConstructionNo
OwnerPaysNone
Pets AllowedNo
Property ConditionFixer
Property SubtypeDuplex
Property TypeResidential Income
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameLogan Park Second Add
Tax Annual Amount1207
Tax Assessed Value40400
Tax Year2025
Total Rooms10
TownshipCalumet
Year Built1922

Exterior for 1297-1299 W 15th Avenue

Lot FeaturesBack Yard, Rectangular Lot
Lot Size Acres0.162
Lot Size SourceAssessor
Parking FeaturesNone
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Tyhesia Moore

Price $97,500
MLS#840881
List Date 06/18/2026
Property Type Multi-Family
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