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815 W 25th Avenue
Gary IN 46407 US

$125,000

Active Listing ID 837478
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3 bed
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1.00 Bath (1 Full)
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Lot: 0.06 Acres
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Single Family Residence

$125,000

Active Listing ID 837478
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815 W 25th Avenue Stop Renting--Start Building Your Future! Own your first home and start building equity with this affordable 3-bedroom, 1-bath raised ranch--a perfect opportunity for first-time buyers or anyone ready to make the move from renting to owning. This home features a full basement and solid fundamentals, with major updates already completed--including a roof and windows just 3 years old--giving you peace of mind on the big-ticket items. Inside, you'll find a great layout with plenty of potential to make it your own over time. Currently tenant-occupied on a month-to-month basis, offering flexibility for a smoother transition at closing. Whether you're tired of rising rent or ready to invest in your future, this home offers a smart, affordable path to ownership. INVESTORS - Currently occupied by a reliable long-term tenant on a month-to-month lease at 1, 000/month, this reflects a stable, below-market rent typical of long-term occupancy--providing an opportunity for future increases. At the current asking price, the property delivers an estimated 10.0 cap rate with 12, 000 annual gross income and minimal vacancy risk. Property is located in a strong rental area, you may also want to explore local Section 8 Housing Choice Voucher Program payment standards, which could support higher rental income and improved returns, depending on qualification and tenant placement. Sold As-Is, this property offers both immediate cash flow and value-add potential through rent adjustments or light improvements. Whether you're building your portfolio or entering the market, this is a cash-flowing asset ready to perform from day one. Sold As-Is. Schedule your private showing today and take the first step toward owning your home!

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Property Features

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

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 125000
  • 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: 836
  • livingareaunits: Square Feet
  • latitude: 41.57298
  • longitude: -87.346893
  • listagentfullname: Dennis Nichols
  • listagentemail: dennis.nichols2020@gmail.com
  • listagentkey: 3yd-GNIARIN-16439
  • listagentmlsid: 16439
  • listagentpreferredphone: 2192572800
  • listagentofficephone: 2192572800
  • listofficekey: 3yd-GNIARIN-769
  • listofficemlsid: 769
  • 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: 1945
  • listingcontractdate: 2026-04-21
  • listagenturl: http://www.MokeRealty.com
  • countyorparish: Lake
  • parcelnumber: 450816330006000004
  • heating: Natural Gas, Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • parkingfeatures: Off Street
  • view: City
  • waterfrontyn: False
  • franchiseaffiliation: None
  • exteriorfeatures: Rain Gutters
  • rooms: Bathroom 1, Basement, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3
  • patioandporchfeatures: Porch
  • basement: Unfinished
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.34689, 41.57298
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Moke Realty, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":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":"769", "ListOfficeCity":"Crown Point", "ListOfficeCountry":"US", "ListOfficeEmail":"mokerealty@gmail.com", "ListOfficePostalCode":"46307", "ListOfficeStateOrProvince":"IN", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Gary, IN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/815-W-25th-Ave_Gary_IN_46407_M94287-50053?f=listhub&s=GNIARIN&m=837478&c=rexren", "MLSModificationTimestamp":"2026-04-21 15:25:14", "Neighborhoods":[{"Description":null, "Name":"Garfield Park Add"}], "PostalCode":null, "RoomCount":5, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1415, "TaxDescription":"GARFIELD PARK ADD. L.4 BL.3", "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/23/2026 5:36:40 AM GMT
Source Updated Date: 4/27/2026 6:49:05 AM GMT

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

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.