O'Neil Property Group

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$400,000
43 Days On Site

1301 Pennsylvania Street
Gary, IN 46407

For Sale|Multi Family|Active
0
Beds
0
Total Baths
5,798
SqFt
$69
/SqFt
1927
Built
County:
Lake
Listing Courtesy of MRED as distributed by MLS Grid of McColly Real Estate
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NEW ROOF BEING INSTALLED!!!!!!! Great Investment Opportunity. This six-unit property presents a compelling opportunity to acquire a stabilized, income-producing asset. The property features six functional units designed for long-term tenancy: 3 one-bedroom units, 2 two-bedroom units, 1 three-bedroom unit, 4 of 6 units are currently occupied, providing an immediate income stream for investors. The property is conveniently located near numerous amenities, including casinos (East Chicago, Gary) and Garys' RailCats Stadium and It is also close to the Greyhound bus station and Southshore Rail lines, Skyway, and I-94, providing convenient access to transportation and surrounding areas. Showings require 48 hours' notice. Property being sold As Is.

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Listing Snapshot
PriceΒ 
$400,000
Days On SiteΒ 
43 Days
BedroomsΒ 
N/A
Inside Area (SqFt)Β 
5,798 sqft
Total BathsΒ 
N/A
Full BathsΒ 
N/A
Partial BathsΒ 
N/A
Lot SizeΒ 
0.08 Acres
Year BuiltΒ 
1927
MLS NumberΒ 
12769576
StatusΒ 
Active
Property TaxΒ 
$4,723
HOA/Condo/Coop FeesΒ 
N/A
Sq Ft SourceΒ 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS
a month agoStatus changed to Active
a month agoListing first seen on site
General Features
AcresΒ 
0.08
Property Sub TypeΒ 
Multi Family
SqFt TotalΒ 
5798
ZoningΒ 
COMMR
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Community Features
MLS AreaΒ 
Indiana - Gary
TownshipΒ 
Calumet
Listing Courtesy of MRED as distributed by MLS Grid of McColly Real Estate



Based on information submitted to the MLS GRID as of 2026-11-07 07:38 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-11-07 07:38 PM UTC
MRED DMCA Copyright Information Copyright Β© 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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