About This Home

This 0-bedroom, 0-bathroom single family at 400 E 41st Avenue in Gary, IN is listed for $60,000. Built in 1925, on a 0.10 acres lot.

Key Features

  • Built in 1925
  • 0.10 acre lot
  • 2 stories

Property Details

2 stories
1925
Listing Description

Investor Special - High-Upside Fix & Flip Opportunity Solid brick multi-level building at 400 E 41st Ave in Gary, IN 46409. This is a true value-add project for experienced investors or rehabbers ready to take on a full gut renovation. The property shows classic older construction with substantial remaining structure, multiple interior spaces, arched openings, and original character elements that can shine once restored.

Brick exterior provides a durable shell. Current condition requires complete renovation (extensive interior work, systems, finishes, cleanup, and exterior/site improvements), making it ideal for a full rehab or potential multi-unit conversion depending on zoning and your plans.

Located in Gary with access to major routes and the broader Northwest Indiana / Chicago metro market. Nearby properties and ongoing area activity create opportunity for investors targeting rental income, flip, or hold strategies after renovation. Bring your contractor, run the numbers, and transform this into a strong-performing asset. Cash or hard-money buyers preferred. Property sold as-is. Schedule your inspection today and see the potential in person.

Monthly Cost Estimate

$321/mo

20% down · 6.5% · 30 years

Principal$43
Interest$260
Insurance$18

Estimates only. Actual payments may vary.

Location

400 E 41st Avenue

Gary, IN 46409

Great Gary Realty Companys 01

Questions & Answers

This 0-bedroom, 0-bathroom single family at 400 E 41st Avenue is listed at $60,000. The estimated monthly payment is $321 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1925, 0.10 acre lot, 2 stories.

This property is listed by Christine Coughlin and can be reached at 2195085555.

CC

Christine Coughlin

Agent at Listing Leaders

(219) 508-5555

Listed by Listing Leaders · Broker phone: (219) 299-7117 · View on Broker Site

MLS# 843338· Source: Greater Northwest Indiana Association of REALTORS· 42 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.

400 E 41st Avenue, Gary, IN 46409

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