# 1514 W 5th Avenue, Gary, IN 46402

> **TL;DR:** commercial, $620,000 ($73/sqft), built 1926, 8,516 sqft.
> View. Est. $3,316/mo. Listed 10 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $620,000 |
| Price/sqft | $73 |
| Square Feet | 8,516 |
| Year Built | 1926 |
| Lot Size | 4,748 sqft (0.11 acres) |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 10 |

## Why This Home Stands Out

- **Views** - City

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $3,135 |
| Estimated Insurance | $181 |
| **Total** | **$3,316** |

## Key Amenities

- View

## Property Highlights

- Built in 1926
- 0.11 acre lot
- 14 parking spaces

## Description

### Agent Description
All brick 3 story 7 Unit Building. Majority of the units renovated. On Street and Off Street parking. Close to shopping, public transit. Each unit has separate utilities and there is a 75 mo add on to the rent for sewer and water. All information is deemed to be from reliable sources however is not guaranteed. Purchasers and Buyer Broker Agents should verify any information for themselves.

## Location

- **Address:** 1514 W 5th Avenue, Gary, IN 46402
- **County:** Lake
- **Neighborhood:** Gary Land Cos 3rd Sub
- **Coordinates:** 41.602243, -87.356046
- **Google Maps:** https://www.google.com/maps?q=41.602243,-87.356046

## Listing Agent

- **Name:** Richard Wolf
- **Brokerage:** Century21 Affiliated
- **Broker Phone:** (219) 805-7493

## Photos

![1514 W 5th Avenue - Photo 1](http://lh.rdcpix.com/bd018f36dd0da794fc1cfec3bb1f386bl-f168979410r.jpg)

![1514 W 5th Avenue - Photo 2](http://lh.rdcpix.com/bd018f36dd0da794fc1cfec3bb1f386bl-f2291016149r.jpg)

![1514 W 5th Avenue - Photo 3](http://lh.rdcpix.com/bd018f36dd0da794fc1cfec3bb1f386bl-f415234924r.jpg)

![1514 W 5th Avenue - Photo 4](http://lh.rdcpix.com/bd018f36dd0da794fc1cfec3bb1f386bl-f760804376r.jpg)

![1514 W 5th Avenue - Photo 5](http://lh.rdcpix.com/bd018f36dd0da794fc1cfec3bb1f386bl-f3095677379r.jpg)

![1514 W 5th Avenue - Photo 6](http://lh.rdcpix.com/bd018f36dd0da794fc1cfec3bb1f386bl-f877807883r.jpg)

![1514 W 5th Avenue - Photo 7](http://lh.rdcpix.com/bd018f36dd0da794fc1cfec3bb1f386bl-f1742429917r.jpg)

![1514 W 5th Avenue - Photo 8](http://lh.rdcpix.com/bd018f36dd0da794fc1cfec3bb1f386bl-f33782037r.jpg)

![1514 W 5th Avenue - Photo 9](http://lh.rdcpix.com/bd018f36dd0da794fc1cfec3bb1f386bl-f3709330806r.jpg)

![1514 W 5th Avenue - Photo 10](http://lh.rdcpix.com/bd018f36dd0da794fc1cfec3bb1f386bl-f2362740110r.jpg)

![1514 W 5th Avenue - Photo 11](http://lh.rdcpix.com/bd018f36dd0da794fc1cfec3bb1f386bl-f177780667r.jpg)

![1514 W 5th Avenue - Photo 12](http://lh.rdcpix.com/bd018f36dd0da794fc1cfec3bb1f386bl-f3017136794r.jpg)

---

**MLS#:** 847157 | **Updated:** 2026-10-23
**Source:** listhub

*Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1514-w-5th-avenue-gary-in-46402-2b73676a796141d8837edd5ab676b62d)

---

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