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Sold on 06/26/2025

3877 Madison St, Gary, IN 46408

  • $76,000

    Last sold 06/26/2025 for $70K

  • 4

    bed

  • 4

    bath

Multi-family not for sale
Movoto is helping 22 homebuyers near you

About 3877 Madison St

Property type Multi-family
Neighborhood
Year built 1920
HOA fee $0/month
Lot size 3,746 Sqft
Movoto estimate
Parking 2 garage spaces
Property description
Opportunity knocks with this diamond in the rough! This unique three unit offers incredible flexibility and income potential. The main building features two spacious units, each with separate entrances, ideal for multi-family living or steady rental income.Tucked above the detached garage, the third unit provides privacy and charm, perfect for a guest suite, short-term rental, or creative space. The real bonus is the basement offers the potential for a fourth unit, complete with its own separate entrance and bath--just waiting for the right vision to unlock its value.Each unit has independent access, offering privacy and convenience for occupants. With some TLC, this property could shine as a strong income generator or multigenerational home.Don't miss the chance to transform this rare find into something truly special. Whether you're an investor, flipper, or homeowner looking for extra rental income, this property is a must-see! Sold As-Is and no contingencies.
Listed by
Listing Agent - Johnette Gore
Listing Office - Premier Midwest Realty, INC
Source: NIRA mls logo
MLS#821654 • last updated 1 year ago
Movoto checked NIRA for data 12 minutes ago
Overview
Heating Other
Levels/Style Other
Type Residential Income
SubType Triplex
Status Active
MLS # 821654
Lot Size (Acres) 0.086
Lot Size (SqFt) 3746
Property Tax 1243
Year Built 1920
Property Condition Fixer
Interior
Total # of Bathrooms 4
# of Full Baths 4
# Bedrooms 4
Interior Features None
Appliances None
Exterior
Parking Desc Garage Faces Rear, On Street
# Garage Spaces 2
Exterior Features Other
Lot Desc Other
Amenities / Utilities
Water Source Public
Pets Allowed No
Location
County Lake
Subdivision Seroczynskis 1st Add
Directions Ridge Road To Madison Street
APN 450828230013000000
Multifamily Details
Owner Pays None
$76K
Range: $66.8K-$85.1K
Last 30 days 
  • Jun 2025
    Public Records
  • Jun 26, 2025 Sold
    $70,000
  • Jun 2025
    mls logo MLS # 821654
  • Jun 20, 2025 Sold
    $70,000 (-12.5%)
  • Jun 3, 2025 Pending
    —
  • May 30, 2025 Listed
    $80,000
  • 3877 Madison St
    $70K
  • Glen Park
    $123K -5% y/y
  • 46408
    $145K -9% y/y
  • Gary
    $124K -8% y/y
No chart available
Statistics calculated by Movoto

Thinking of selling? Get a Cash Offer.

  • A smooth, fast sale
  • Skip staging and repairs
  • No strings attached
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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  • IN
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  • 3877 Madison St
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