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Sold on 04/28/2025

237 E 39th Ave, Gary, IN 46409

  • $39,000

    Last sold 04/28/2025 for $32K

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 237 E 39th Ave

Property type Multi-family
Neighborhood
Year built 1929
HOA fee $0/month
Lot size 3,485 Sqft
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
INVESTMENT OPPORTUNITY! 2-unit building, brick with a 2 car garage. Estimated ARV: $160,000. Estimated Repairs: $88,000-100,000. Brick is still solid and a great investment opportunity.
Listed by
Listing Agent - Michael Santos
Listing Office - Estate Squared Away
Source: NIRA mls logo
MLS#809232 • last updated 1 year ago
Movoto checked NIRA for data 22 minutes ago
Overview
Heating None
Levels/Style Two
Type Residential Income
SubType Duplex
Status Active
MLS # 809232
Lot Size (Acres) 0.08
Lot Size (SqFt) 3484.8
Property Tax 820
Year Built 1929
Interior
Appliances None
Exterior
Parking Desc None
# Garage Spaces 2
Exterior Features None
Lot Desc Corner Lot
Fencing None
Amenities / Utilities
Water Source None
Pets Allowed No
Pool None
Location
County Lake
Subdivision EARLES 3RD GLEN PARK ADD
Community Features None
Directions Turn Right Onto Pennsylvania Street Than Property On The Right
APN 450827153010000000
Multifamily Details
Owner Pays None
$39K
Range: $30.4K-$47.5K
Last 30 days 
Rental est.: $1,440/month
Gross rent multiplier: 1.6 - Excellent
  • Apr 2025
    mls logo MLS # 809232
  • Apr 28, 2025 Sold
    $32,000 (+14.7%)
  • Mar 19, 2025 Active
    —
  • Feb 18, 2025 Price Change
    $27,900 (-0.4%)
  • Dec 17, 2024 Price Change
    $28,000 (-26.3%)
  • Aug 23, 2024 Listed
    $38,000 (+90.0%)
  • Jun 2024
    mls logo MLS # 127894
  • Jun 19, 2024 Sold
    $20,000 (+400.0%)
  • Apr 1, 2005 Listed
    $12,000
  • Oct 2023
    mls logo MLS # 197621
  • Oct 4, 2023 Sold
    $4,000 (-59.6%)
  • Sep 17, 2007 Listed
    $9,900 (-17.5%)
  • 237 E 39th Ave
    $32K
  • Glen Park
    $135K +12% y/y
  • 46409
    $120K +26% y/y
  • Gary
    $130K -3% y/y
No chart available
Statistics calculated by Movoto

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2/10
Glen Park Academy For Excel In Lrn
public Grades K-5
Gary Community School Corp
3/10
Bailly Preparatory Academy
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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