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USAINGaryGarfield Park Add815 W 25Th Ave
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815 W 25Th Ave, Gary, IN

House

For Sale

Listed price in listed location currency (USD).
$125,000

310

MLS® 837478

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 836 sqft
Garage 
Taxes $1,415
Days Active 5
Lot Size 
Approx. Age 1945
Avg. Price Per Sqft $149
MLS® Number 837478

Property Address: 815 W 25th Ave, Gary, IN, 46407-3401

Average square foot calculated using Size range provided by listing agent.

Description

Stop Renting--Start Building Your Future! Own your first home and start building equity with this affordable 3-bedroom, 1-bath raised ranch--a perfect opportunity for first-time buyers or anyone ready to make the move from renting to owning. This home features a full basement and solid fundamentals, with major updates already completed--including a roof and windows just 3 years old--giving you peace of mind on the big-ticket items. Inside, you'll find a great layout with plenty of potential to make it your own over time. Currently tenant-occupied on a month-to-month basis, offering flexibility for a smoother transition at closing. Whether you're tired of rising rent or ready to invest in your future, this home offers a smart, affordable path to ownership. INVESTORS - Currently occupied by a reliable long-term tenant on a month-to-month lease at 1, 000/month, this reflects a stable, below-market rent typical of long-term occupancy--providing an opportunity for future increases. At the current asking price, the property delivers an estimated 10.0 cap rate with 12, 000 annual gross income and minimal vacancy risk. Property is located in a strong rental area, you may also want to explore local Section 8 Housing Choice Voucher Program payment standards, which could support higher rental income and improved returns, depending on qualification and tenant placement. Sold As-Is, this property offers both immediate cash flow and value-add potential through rent adjustments or light improvements. Whether you're building your portfolio or entering the market, this is a cash-flowing asset ready to perform from day one. Sold As-Is. Schedule your private showing today and take the first step toward owning your home!
MLS® Number837478
Laundry LevelLower
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1945
BasementUnfinished
DrivewayOff Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Change to metres

Living Room:9 × 11 ft
Bedroom 2:9 × 11 ft
Other:12 × 12 ft
Bedroom 3:9 × 11 ft
Kitchen:9 × 12 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 21, 2026List Date
$125,000List Price
  • Commute

Commute

Starting Address
Destination Address
815 W 25Th Ave, Gary, IN

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