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Sold on 02/28/2024

1971 Massachusetts St, Gary, IN 46407

$195,000

Last sold 02/28/2024 for $95K

  • 9

    bed

  • 5

    bath

  • 3,096

    Sqft ($31/Sqft)

Multi-family not for sale
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About 1971 Massachusetts St

Property type Multi-family
Neighborhood
Year built 1920
HOA fee $0/month
Lot size 3,136 Sqft
Movoto estimate
Property description
This property has tons of potential. This building has been well maintained by the owner. Each unit has an high efficiency furnace and the roof is only 7 yrs old. You won't be disappointed with this investment.
Listed by
Listing Agent - Eric Griffin
Listing Office - Griffin Realty, LLC
Source: NIRA mls logo
MLS#413459 • last updated 2 years ago
Movoto checked NIRA for data 8 hours ago
Overview
Type Residential Income
SqFt 3096
Status Closed
MLS # 413459
Lot Size (Acres) 0.072
Lot Size (SqFt) 3136
Year Built 1920
Interior
Total # of Bathrooms 5
# of Full Baths 5
# Bedrooms 9
Total # of Rooms 14
Interior Features Elevator
Exterior
Parking Desc Detached
Lot Dimensions 25x125
Amenities / Utilities
Utilities Electricity Available, Natural Gas Available, Sewer Available
Water Source Public
Location
County Lake
Subdivision Broadway Add
High School District Gary
Directions North On Broadway East On 19th Ave To Mass St.
APN 450810352017000000
Multifamily Details
Owner Pays Electricity
Gross Scheduled Income 33000
Total Rent 33000
Net Operating Income 28149
$195K
Range: $159K-$230K
Last 30 days 
  • Sep 2025
    mls logo MLS # 825728
  • Sep 24, 2025 Pending
    —
  • Aug 9, 2025 Listed
    $225,000 (-19.6%)
  • Feb 2025
    mls logo MLS # 812437
  • Feb 14, 2025 Active
    —
  • Dec 31, 2024 Listed
    $280,000 (-9.7%)
  • Nov 1, 2024 Listed
    $310,000 (+226.3%)
  • Feb 2024
    mls logo MLS # 413459
  • Feb 28, 2024 Sold
    $95,000 (+313.0%)
  • Apr 30, 2017 Listed
    $100,000 (+233.3%)
  • Feb 2024
    mls logo MLS # 548180
  • Feb 26, 2024 Sold
    $23,000 (-90.8%)
  • Apr 29, 1999 Listed
    $30,000
  • Dec 2022
    mls logo MLS # 517947
  • Dec 14, 2022 Listed
    —
  • Nov 28, 2022 Active Undr Contract
    —
  • Aug 12, 2022 Listed
    $250,000 (+150.0%)
  • Year Property taxes Tax assessment
  • 2024
    $1,629 -69.7%
    $63,400 +4.11%
  • 2023
    $5,369 +122.3%
    $60,900 -35.42%
  • 2022
    $2,416 -72.8%
    $94,300
  • 2021
    $8,894 +7.0%
    $94,300
  • 2020
    $8,309 +313.0%
    $94,300
  • 2019
    $2,012 -13.6%
    $94,300
  • 2018
    $2,328 +59.1%
    $94,300 -9.15%
  • 2017
    $1,464 -3.0%
    $103,800 +53.32%
  • 2016
    $1,509
    $67,700 -4.38%
  • 2015
    $1,509 -36.2%
    $70,800
  • 2014
    $2,366
    —
  • 1971 Massachusetts St
    $95K
  • Midtown
    $79K -15% y/y
  • 46407
    $99.5K +33% y/y
  • Gary
    $125K -5% y/y
No chart available
Statistics calculated by Movoto

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3/10
Gary Middle School
public Grades 6-8
Gary Community School Corp
1/10
West Side Leadership Academy
public Grades 9-12
Gary Community School Corp
Source: GreatSchools.org © 2026. All rights reserved.

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