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3940 Pierce Street
Gary IN 46408 US

$139,900

Active Listing ID 834042
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3 bed
bath icon
1.00 Bath (1 Full)
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Lot: 0.09 Acres
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Single Family Residence

$139,900

Active Listing ID 834042
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3940 Pierce Street Welcome to a well kept home in Calumet Township offering both comfort and strong financial upside. With current rent at sixteen hundred per month, this property performs in the 10-12 perc cap rate range, making it an appealing option for buyers who want a move in ready residence that also builds long term equity. The home features a practical layout, a bright living area, and a spacious yard--ideal for everyday living, outdoor enjoyment, or future improvements. Its location near Indiana University Northwest, major employers, and key transit routes ensure steady demand and lasting value. Whether you're looking for an affordable primary home or a smart investment with immediate income potential, this property delivers versatility and long term stability.

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Property Features

  • Facts
  • Lot Size: 0.09 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 1
  • Heating Fuels: Forced Air
  • Additional Features
  • Basement

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 139900
  • unparsedaddress: 3940 Pierce Street
  • postalcity: Gary
  • stateorprovince: IN
  • country: US
  • postalcode: 46408
  • bathroomsfull: 1
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.086
  • lotsizeunits: Acres
  • lotsizearea: 0.086
  • livingarea: 748
  • livingareaunits: Square Feet
  • latitude: 41.546979
  • longitude: -87.351306
  • listagentfullname: Jeff McCormick
  • listagentemail: jeff@mccormickrealestate.net
  • listagentkey: 3yd-GNIARIN-7704
  • listagentmlsid: 7704
  • listagentpreferredphone: 2196135643
  • listagentofficephone: 2196135643
  • listofficekey: 3yd-GNIARIN-1136
  • listofficemlsid: 1136
  • disclaimer: 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.
  • sourcesystemid: GNIARIN
  • yearbuilt: 1955
  • listingcontractdate: 2026-02-13
  • listagentfax: 2196639311
  • listagenturl: http://www.MovingIndianaHomes.com
  • countyorparish: Lake
  • parcelnumber: 450828155012000004
  • appliances: Microwave, Refrigerator, Range
  • heating: Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • parkingfeatures: On Street
  • waterfrontyn: False
  • franchiseaffiliation: Independent
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Basement, Kitchen, Bathroom 1
  • basement: Unfinished
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.3513, 41.546978
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"McCormick Real Estate Inc", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"Jeff@McCormickRealEstate.net", "ListBrokerageCity":"Crown Point", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Trinity@McCormickRealEstate.net", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/GNIARIN/8ff9386147e211df8bbf00219b994c72/20130709051148917.png", "ListBrokerageName":"McCormick Real Estate Inc", "ListBrokeragePhone":"(219) 663-9300", "ListBrokeragePostalCode":"46307", "ListBrokerageStateOrProvince":"IN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"813 N Superior Dr", "ListBrokerageWebsiteUrl":"http://www.MovingIndianaHomes.com", "ListOfficeAddress1":"756 N. Madison St ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"1136", "ListOfficeCity":"Crown Point", "ListOfficeCountry":"USA", "ListOfficeEmail":"trinity@mccormickrealestate.net", "ListOfficePostalCode":"46307", "ListOfficeStateOrProvince":"IN", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Gary, IN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/3940-Pierce-St_Gary_IN_46408_M46705-98366?f=listhub&s=GNIARIN&m=834042&c=rexren", "MLSModificationTimestamp":"2026-02-14 23:03:15", "Neighborhoods":[{"Description":null, "Name":"Oakington Park 1st Sub"}], "PostalCode":null, "RoomCount":5, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1751, "TaxDescription":"1ST SUB. OAKINGTON PARK N.30 FT. L.3 BL.1", "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 2/14/2026 11:10:46 PM GMT
Source Updated Date: 2/15/2026 1:41:09 PM GMT

Courtesy of: Jeff McCormick, McCormick Real Estate, Inc., jeff@mccormickrealestate.net

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.