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815 W 25th Avenue
Gary IN 46407 US

$94,000

Active Listing ID 824395
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3 bed
bath icon
1.00 Bath (1 Full)
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Lot: 0.06 Acres
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Apartment

$94,000

Active Listing ID 824395
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815 W 25th Avenue Turnkey Rental Property. 9.3 Cap Rate!Investor special! This 3-bedroom, 1-bath single-family home offers an excellent opportunity to build or expand your portfolio with a solid return. Currently occupied by a reliable long-term tenant on a month-to-month lease at 1, 000 per month, this property provides immediate income with a 9.3 cap rate at the current asking price. The home features a newer roof and windows, offering peace of mind and reduced maintenance costs. The tenant has been in place long term, offering stability with flexibility for future plans. Located in a strong rental market, this home is ideal for investors seeking cash flow now and value-add potential later.With 12, 000 in annual gross income and minimal vacancy risk, the numbers make sense from day one. The property is being sold As Is, with plenty of upside for future rent increases or improvements that could boost value and returns. Whether you're a seasoned investor or just getting started, this is a smart, cash-flowing asset ready to work for you immediately.Contact an agent today to schedule your private tour!

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Property Features

  • Facts
  • Lot Size: 0.06 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Apartment
  • Features
  • Full Bathrooms: 1
  • Exterior Finish: Rain Gutters
  • Heating Fuels: Forced Air, Natural Gas

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Apartment
  • listprice: 94000
  • unparsedaddress: 815 W 25th Avenue
  • postalcity: Gary
  • stateorprovince: IN
  • country: US
  • postalcode: 46407
  • bathroomsfull: 1
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.058
  • lotsizeunits: Acres
  • lotsizearea: 0.058
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.572956
  • longitude: -87.346882
  • listagentfullname: Dennis Nichols
  • listagentemail: dennis.nichols2020@gmail.com
  • listagentkey: 3yd-GNIARIN-16439
  • listagentmlsid: 16439
  • listagentpreferredphone: 2192572800
  • listagentofficephone: 2196623000
  • listofficekey: 3yd-GNIARIN-769
  • listagentstatelicense: RB20001421
  • listofficemlsid: 769
  • disclaimer: Copyright © 2025 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: 1945
  • listingcontractdate: 2025-07-16
  • listagenturl: http://www.MokeRealty.com
  • countyorparish: Lake
  • parcelnumber: 450816330006000004
  • heating: Forced Air, Natural Gas
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • parkingfeatures: Off Street
  • waterfrontyn: False
  • exteriorfeatures: Rain Gutters
  • architecturalstyle: Other
  • rooms: Basement, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.346886, 41.572956
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Moke Realty, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"dennis.nichols2020@gmail.com", "ListBrokerageCity":"Crown Point", "ListBrokerageCountry":"US", "ListBrokerageEmail":"reo@mokerealty.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Moke Realty, Inc.", "ListBrokeragePhone":"(219) 662-3000", "ListBrokeragePostalCode":"46307", "ListBrokerageStateOrProvince":"IN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"617 N Main St", "ListBrokerageWebsiteUrl":"http://www.MokeRealty.com", "ListOfficeAddress1":"617 N. Main St", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"6016", "ListOfficeCity":"Crown Point", "ListOfficeCountry":"US", "ListOfficeEmail":"mokerealty@gmail.com", "ListOfficePostalCode":"46307", "ListOfficeStateOrProvince":"IN", "ListPriceCurrencyType":"USD", "ListingTitle":"Apartment - Gary, IN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/815-W-25th-Ave_Gary_IN_46407_M94287-50053?f=listhub&s=GNIARIN&m=824395&c=rexren", "MLSModificationTimestamp":"2025-07-29T15:19:14Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Apartment", "RawPropertyType":"Residential Income", "RoomCount":5, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1520, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/30/2025 12:06:45 PM GMT
Source Updated Date: 12/5/2025 6:45:57 AM GMT

Courtesy of: Dennis Nichols, Weichert, Realtors-Moke Agency, dennis.nichols2020@gmail.com

Copyright © 2025 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.