About 1297-1299 W 15th Avenue
Investor special in Gary! This bi-level duplex offers an outstanding value-add opportunity for investors, flippers, or buyers looking to build sweat equity. Featuring two units--one upper and one lower--this property has strong income potential with projected rents of approximately 1,200 per month per unit, creating a potential gross annual income of 28,800. With some renovation and updates, investors may have the opportunity to achieve attractive cash flow and returns. Whether you're looking to expand your rental portfolio, complete a fix-and-hold project, or capitalize on Northwest Indiana's continued growth and revitalization, this property deserves a look. Located just minutes from major highways, commuter routes, and the exciting redevelopment taking place throughout the region, now is the time to invest in Gary's future. Property is being sold as-is where is. Cash or renovation financing preferred. Hard money welcome.
Features of 1297-1299 W 15th Avenue
| MLS® # | 840881 |
|---|---|
| Price | $97,500 |
| Bedrooms | 6 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Acres | 0.16 |
| Year Built | 1922 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
Community Information
| Address | 1297-1299 W 15th Avenue |
|---|---|
| Subdivision | Logan Park Second Add |
| City | Gary |
| County | Lake |
| State | IN |
| Zip Code | 46407 |
Amenities
| Parking | None |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | None |
|---|---|
| Appliances | None |
| Heating | None |
| Fireplace | No |
| Has Basement | No |
Exterior
| Lot Description | Back Yard, Rectangular Lot |
|---|
Additional Information
| Date Listed | June 18th, 2026 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Agent | Dennis Nichols |
|---|---|
| Office | Weichert, Realtors-Moke Agency |