About This Home

This 5-bedroom, 3-bathroom multi-family at 1653 W 10th Place in Gary, IN is listed for $249,900. Built in 1905, on a 0.06 acres lot.

Key Features

  • Built in 1905
  • 0.06 acre lot
  • 2 stories

Property Details

2 stories
3 full
1905
Listing Description

Looking for an investment opportunity with immediate income potential? This charming 3-unit apartment building is priced to sell and offers an excellent addition to any investment portfolio. The main and 2nd floor unit each feature 2 bedrooms, 1 bathroom, a spacious living room, an eat-in kitchen, and approximately 850 square feet of comfortable living space.

The third unit offers 1 bedroom, 1 bathroom, and approximately 700 square feet, making it an attractive option for a variety of tenants. The property also features a large fenced yard, providing added outdoor space for residents. The main-floor unit is currently occupied, offering instant rental income, while the two upper units are vacant, move-in ready, and available for immediate leasing.

Whether you're an experienced investor or just starting to build your portfolio, this income-producing property offers tremendous potential. Don't miss this opportunity schedule your showing today! Sold as-is.

Monthly Cost Estimate

$1,337/mo

20% down · 6.5% · 30 years

Principal$181
Interest$1,083
Insurance$73

Estimates only. Actual payments may vary.

Location

1653 W 10th Place

Gary, IN 46404

Gruenbergs Add

Features & Amenities

Interior Features

Eat-in KitchenOpen Floorplan

Exterior Features

Private Yard

Property Details

Parking

On Street

Appliances

Electric RangeRefrigerator

Questions & Answers

This 5-bedroom, 3-bathroom multi-family at 1653 W 10th Place is listed at $249,900. The estimated monthly payment is $1,337 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1905, 0.06 acre lot, 2 stories. Interior Features: Eat-in Kitchen, Open Floorplan. Exterior Features: Private Yard.

This property is listed by Lakia Hasenjaeger.

LH

Lakia Hasenjaeger

Agent at Global Real Estate Group, LLC

Listed by Global Real Estate Group, LLC · Broker phone: (219) 795-1872 · View on Broker Site · Broker website

MLS# 843348· Source: Greater Northwest Indiana Association of REALTORS· 89 days on PropertySimple

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.

1653 W 10th Place, Gary, IN 46404

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