400 E 41st AvenueGary, IN 46409

Description

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.

Property Information

Property type

Residential

Sub-type

Single Family Residence

Year built

1925

Lot size

0.10 acres

Garage spaces

2

Days on market

64

MLS^® Listing#

843338

Property Features

Appliances

None

Cooling

None

Heating

None

Parking

Attached

Lot features

Corner Lot

Sewer

Unknown

Water source

Other

Financial Details

HOA

None

Annual taxes

$1,422Tax year 2024

Assessed value

$56,700

Parcel number

450827181025000004

Directions

Broadway (N) > E 40th Ave. (E) > Delaware St. (S) > 400 E 41st Ave (E)