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Sold on 01/24/2024

701 Madison St, Gary, IN 46402

  • $63,000

    Last sold 01/24/2024 for $58K

  • —

    bed

  • 5

    bath

  • 5,719

    Sqft ($10/Sqft)

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

About 701 Madison St

Property type Multi-family
Neighborhood
Year built 1909
HOA fee $0/month
Lot size 5,619 Sqft
Movoto estimate
Parking 2 garage spaces
Property description
Don't miss this prime investment opportunity! This 5-unit building is a blank canvas awaiting your creative touch. Perfect for investors looking to capitalize on the booming real estate market by transforming this property into a lucrative asset.This building consists of five individual units each with versatile floor plans, providing ample rental income potential once renovated.Don't miss out on this incredible opportunity to turn this 5-unit building into a profitable investment. Act fast, and let your imagination bring this property to life!
Listed by
Listing Agent - Mary L. Cossey
Listing Office - Coldwell Banker Realty
Source: NIRA mls logo
MLS#543552 • last updated 2 years ago
Movoto checked NIRA for data 1 hour ago
Overview
Type Residential Income
SqFt 5719
Status Closed
MLS # 543552
Lot Size (Acres) 0.129
Lot Size (SqFt) 5619
Year Built 1909
Interior
Total # of Bathrooms 5
# of Full Baths 5
Total # of Rooms 18
Interior Features Elevator
Exterior
Parking Desc Detached
# Garage Spaces 2
Lot Dimensions 45x125
Amenities / Utilities
Utilities Cable Available, Electricity Available, Natural Gas Available, Sewer Available
Water Source Public
Location
County Lake
Subdivision Gary Land Companys 1
Directions Take Broadway North To 8th Ave. Turn Left On 8th Avenue To Madison And Turn Right. Take Madison To 7th Avenue.
APN 450804476001000000
Multifamily Details
Owner Pays Sewer, Water
$63K
Range: $48.5K-$77.4K
Last 30 days 
  • Jan 2024
    Public Records
  • Jan 24, 2024 Sold
    $58,000
  • Jan 2024
    mls logo MLS # 543552
  • Jan 23, 2024 Sold
    $58,000 (-7.9%)
  • Jan 10, 2024 Active
    —
  • Jan 6, 2024 Listed
    $63,000
  • Jan 5, 2024 Listed
    $63,000
  • 701 Madison St
    $58K
  • Downtown Gary
    $69.4K -18% y/y
  • 46402
    $69K -13% y/y
  • Gary
    $124K -7% y/y
No chart available
Statistics calculated by Movoto

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3/10
Beveridge Elementary School
public Grades K-5
Gary Community School Corp
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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  • 701 Madison St
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