3725 Monroe StreetGary, IN 46408

Description

Cash-flow opportunity in the heart of Gary! This all-brick 2-unit property at 3725 Monroe offers the unit mix investors are looking for with one spacious 3-bedroom, 1-bath unit and one 2-bedroom, 1-bath unit. Whether you're looking to add doors to your portfolio, start your investment journey, or create value through updates and improved rents, this property checks the boxes. The solid brick construction offers durability, while the aggressive pricing creates an opportunity to secure a multifamily asset below replacement cost. Sold AS-IS and priced to move quickly, this is the type of opportunity savvy investors watch for but rarely find. With continued investment and redevelopment throughout Gary, now is the time to secure your position in one of Northwest Indiana's fastest-evolving markets. Schedule your showing today before this one is gone.

Property Information

Property type

Residential Income

Sub-type

Duplex

Year built

1924

Living area

1,848 Sq Ft

Lot size

0.07 acres

Garage spaces

2

Days on market

91

MLS^® Listing#

841926

Property Features

Appliances

None

Cooling

None

Heating

Forced Air

Flooring

Hardwood

Pool

None

Parking

Alley Access · On Street · Garage Faces Rear

Laundry

Gas Dryer Hookup · Washer Hookup

Patio

Front Porch · Rear Porch

Lot features

Back Yard · Front Yard

Roof

Shingle

Utilities

Electricity Connected · Water Connected · Sewer Connected · Natural Gas Connected

Sewer

Public Sewer

Water source

Public

Financial Details

Annual taxes

$1,452Tax year 2024

Assessed value

$57,900

Parcel number

450828204004000004

Directions

Ridge Road to Monroe. Property on East side