2228 Washington Street
Gary, IN 46407
4
Bed
2
Bath
0.14Acre(Lot)
Be a part of Gary's Comeback with this Turnkey Cash-Flowing Brick Duplex in the Heart of Gary's Revitalization Don't miss this opportunity to own a fully occupied, income-producing from day one brick duplex in one of Gary's most exciting investment corridors. Whether you're looking to expand your portfolio or purchase your first multifamily property, this investment offers immediate rental income from day one. Both units are currently occupied, with one tenant on a month-to-month lease providing future flexibility, while the second unit is leased through February 2027, offering stable, predictable cash flow. This property has been professionally managed and maintained, and the current property management company is available to continue management for a smooth, turnkey transition if des
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedroom: 4Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Has Basement: YesInterior Features
Granite Counters, High Ceilings Appliances: Range Hood -
Heating & Cooling
Heating: Central WaterSource: Public
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Building Information
Year Built: 1908
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Lot Information
Lot Description: Back Yard, Rectangular Lot, Front Yard Lot Square Feet: 6055 Lot Acres: 0.139Property Information
Property Type: Residential Income Sub Type: Duplex
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Tax Information
Tax Assessed Value: 44900 Tax Legal Description: C. T. L. & I. CO'S. 6TH ADD. S. 4 IN. L.7 BL.24 ALL L.8 BL.24 Annual Tax: $1126 Tax Year: 2024 Parcel Number: 450816235028000004
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Parking Information
On Street
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Utility Information
Sewer: Public Sewer Water Source: Public -
Location Information
Subdivision: C T L & L Co Add 06 City: Gary Direction: Broadway to 23rd ave to Washington St
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2023 Vermont Street #29, Gary, IN, 46407 | $152,900 | 4 | 2 | -- | |
| Undisclosed Address, Gary, IN, 46407 | $18,500 | 4 | 2 | -- | |
| 1531 Van Buren Street, Gary, IN, 46407 | $39,000 | -- | -- | -- | |
| 1113 W 11th Avenue, Gary, IN, 46407 | $75,000 | 8 | 2 | -- | |
| 1241 W 17th Avenue, Gary, IN, 46407 | $65,000 | 9 | 3 | -- |
Similar Multifamily To 2228 Washington Street
Nearby For Sale
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ByOwner last updated this listing 08/09/2026 @ 18:20
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