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Listed price in listed location currency (USD).
$520,000

000

MLS® 836606

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size 7221 sqft
Garage 
Taxes $2,634
Days Active 23
Lot Size 
Approx. Age 1922
Avg. Price Per Sqft $72
MLS® Number 836606

Property Address: 816 Pennsylvania St, Gary, IN, 46402-2554

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

Description

Turnkey investment opportunity in Gary, Indiana! This fully renovated 8-unit building is already 7 out of 8 units rented, offering immediate and reliable income with minimal lease-up needed. The property features a desirable mix of one-, two-, and three-bedroom units, appealing to a wide range of tenants. The photos provided showcase the property post-rehab, prior to the current tenants moving in--highlighting the quality of renovations and thoughtful updates throughout. Modern improvements blend seamlessly with original character details, including charming built-ins and classic woodwork. Ideally located with convenient access to IN-53, I-65, and I-80/94, this property is well-positioned for commuters and continued tenant demand. With strong occupancy and a growing rental market, this is a solid, income-producing addition to any portfolio. Schedule your showing today! Property sold AS IS.
MLS® Number836606
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1922
BasementPartially Finished, Unfinished
DrivewayDriveway, On Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 6, 2026List Date
$520,000List Price
  • Commute

Commute

Starting Address
Destination Address
816 Pennsylvania St, Gary, IN

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