Investor Special - High-Upside Fix & Flip Opportunity Solid brick multi-level building at 400 E 41st Ave in Gary, IN 46409. This is a true value-add project for experienced investors or rehabbers ready to take on a full gut renovation. The property shows classic older construction with substantial remaining structure, multiple interior spaces, arched openings, and original character elements that can shine once restored. Brick exterior provides a durable shell. Current condition requires complete renovation (extensive interior work, systems, finishes, cleanup, and exterior/site improvements), making it ideal for a full rehab or potential multi-unit conversion depending on zoning and your plans. Located in Gary with access to major routes and the broader Northwest Indiana / Chicago metro market. Nearby properties and ongoing area activity create opportunity for investors targeting rental income, flip, or hold strategies after renovation. Bring your contractor, run the numbers, and transform this into a strong-performing asset. Cash or hard-money buyers preferred. Property sold as-is. Schedule your inspection today and see the potential in person.
Active
- Price
- $ 60,000
- City
- Gary
- Bedrooms
- 0
- Full Bathrooms
- 0
- County
- LAKE
- Half Bathrooms
- 0
- Area
- Gary
- Lot Size
- 0.103 Acres
- Zip
- 46409
- Year Built
- 1925
- Taxes
- $ 1422
- Style
- Single Family Residence
- MLS#
- 843338
Features
General
Interior Features
Exterior Features
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Affordability Calculator
$3,786
Per MonthBased on the average sale price from the Crown Point, IN office
- Monthly Principal & interest $2,658
- Monthly Property Taxes $1,062
- Monthly Home Insurance $67
Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
Schools
Price History
Property vs Zip Code Average in 46409
Areas That We Cover
- Beverly Shores
- Burns Harbor
- Cedar Lake
- Chesterton
- Crown Point
- DeMotte
- Dune Acres
- Dyer
- East Chicago
- Gary
- Griffith
- Hammond
- Hebron
- Highland
- Hobart
- Knox
- Kouts
- LaPorte
- Lake Station
- Lake Village
- Lowell
- Merrillville
- Michigan City
- Munster
- New Chicago
- North Judson
- Ogden Dunes
- Portage
- Porter
- Rensselaer
- Schererville
- St. John
- Valparaiso
- Westville
- Wheatfield
- Wheeler
- Whiting
400 E 41st Avenue Gary, IN is a Single Family Home for sale at $60000 and a lot size of 0.103 Acres Acre(s). 400 E 41st Avenue Gary has 0 bedrooms, 0 baths and was built in 1925. The property's zip code is 46409 which is in Gary, IN
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Deborah Hemphill
219-746-4098
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