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About This Home

This 3-bedroom, 1-bathroom single family at 305 E 41st Avenue in Gary, IN is listed for $89,000 ($116 per sqft). Built in 1918, the home offers 770 sqft of living space on a 0.14 acres lot.

Agent Description

Unlock the potential of this Gary home situated on a spacious corner lot. Portions of the renovation work have been begun, providing a head start for investors, rehabbers, or owner-occupants ready to finish the project and add their personal touch. Whether your goal is a profitable flip, a long-term rental, or creating home equity through improvements, this property offers plenty of upside in a market that continues to gain momentum.

The surrounding area is experiencing ongoing home renovations and property improvements, helping to strengthen neighborhood appeal and contribute to rising property values. The oversized corner lot offers additional possibilities beyond the existing home, including potential space for a future attached or detached garage, expanded living area, outdoor entertaining space, or other improvements, subject to local zoning and permitting requirements.

Northwest Indiana continues to attract new investment and development, making this an ideal time to secure a property with value-add potential. Bring your vision and creativity to transform this property into something special. Property is being sold as-is. Cash or renovation financing preferred. Hard money welcome.

Key Features

  • Built in 1918
  • 0.14 acre lot

Property Details

1 story
1 full
1918

Monthly Cost Estimate

$476/mo

20% down · 6.5% · 30 years

Principal$64
Interest$386
Insurance$26

Estimates only. Actual payments may vary.

Location

305 E 41st Avenue

Gary, IN 46409

Pleitners Add 01

Property Details

Parking

Off Street

Questions & Answers

This 3-bedroom, 1-bathroom single family at 305 E 41st Avenue is listed at $89,000 ($116/sqft). The estimated monthly payment is $386 based on 20% down at 6.5% interest.

Key features include: Built in 1918, 0.14 acre lot.

This property is listed by Dennis Nichols and can be reached at 2192572800 or dennis.nichols2020@gmail.com.

DN

Dennis Nichols

Agent at Weichert, Realtors-Moke Agency

(219) 257-2800

Listed by Weichert, Realtors-Moke Agency · View on Broker Site

MLS# 840882· Source: listhub· Updated 1 days ago

Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

305 E 41st Avenue, Gary, IN 46409

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