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1301 Pennsylvania Street
Gary IN 46407 US

$400,000

Active Listing ID 12769576
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10 bed
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6.00 Bath (6 Full)
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Lot: 0.08 Acres
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Other

$400,000

Active Listing ID 12769576
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1301 Pennsylvania Street NEW ROOF BEING INSTALLED!!!!!!! Great Investment Opportunity. This six-unit property presents a compelling opportunity to acquire a stabilized, income-producing asset. The property features six functional units designed for long-term tenancy: 3 one-bedroom units, 2 two-bedroom units, 1 three-bedroom unit, 4 of 6 units are currently occupied, providing an immediate income stream for investors. The property is conveniently located near numerous amenities, including casinos (East Chicago, Gary) and Garys' RailCats Stadium and It is also close to the Greyhound bus station and Southshore Rail lines, Skyway, and I-94, providing convenient access to transportation and surrounding areas. Showings require 48 hours' notice. Property being sold As Is.

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Property Features

  • Facts
  • Lot Size: 0.08 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 6

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 400000
  • unparsedaddress: 1301 Pennsylvania Street
  • postalcity: Gary
  • stateorprovince: IN
  • country: US
  • postalcode: 46407
  • bathroomsfull: 6
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.08
  • lotsizeunits: Acres
  • lotsizearea: 0.08
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.589885
  • longitude: -87.332964
  • listagentfullname: Mary Aaron
  • listagentemail: maaron@mccolly.com
  • listagentkey: 3yd-MREDIL-238094
  • listagentmlsid: 238094
  • listagentpreferredphone: (219) 864-7200
  • listagentofficephone: 2199346300
  • listofficekey: 3yd-MREDIL-59470
  • listofficemlsid: 59470
  • disclaimer: Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1927
  • listingcontractdate: 2026-09-25
  • listagenturl: http://www.mccolly.com
  • countyorparish: Lake
  • parcelnumber: 450710158001000004
  • numberofunitstotal: 6
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bathroom 3, Bedroom 3, Bedroom 7, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 10, Bedroom 5, Bedroom 4, Bathroom 5, Bathroom 6, Bedroom 8, Bathroom 1, Bathroom 4, Bedroom 6, Bedroom 9
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.33296, 41.589886
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"McColly Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"gtv52gtw@bryteagent.com", "ListBrokerageCity":"Schererville", "ListBrokerageCountry":"US", "ListBrokerageEmail":"dhorton@mccolly.com", "ListBrokerageLogoUrl":"http://lh.rdcpix.com/620d6bc1480411df845a00219b9aa4d8k-c127384600r.png", "ListBrokerageName":"McColly Real Estate", "ListBrokeragePhone":"(219) 864-7200", "ListBrokeragePostalCode":"46375", "ListBrokerageStateOrProvince":"IN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"800 Deer Creek Drive", "ListBrokerageWebsiteUrl":"http://www.mccolly.com", "ListOfficeAddress1":"2000 45th St ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"59470", "ListOfficeCity":"Highland", "ListOfficeCountry":"US", "ListOfficeEmail":"dhorton@mccolly.com", "ListOfficePostalCode":"46322", "ListOfficeStateOrProvince":"IN", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Sale, Gary, IN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1301-Pennsylvania-St_Gary_IN_46407_M39610-53627?f=listhub&s=MREDIL&m=12769576&c=rexren", "MLSModificationTimestamp":"2026-10-14 18:27:03", "Neighborhoods":[{"Description":null, "Name":"Indiana - Gary"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4723, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/24/2026 10:35:30 AM GMT
Source Updated Date: 11/10/2026 1:02:43 PM GMT

Courtesy of: Mary Aaron, McColly Real Estate, maaron@mccolly.com

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.