Gary Homes with Apartment Subtype

Gary Homes with Apartment Subtype

Welcome to Gary, Indiana – a vibrant city nestled in the heart of Lake County, where rich history meets modern living. Known for its stunning views of Lake Michigan, Gary boasts a unique blend of urban energy and serene landscapes, making it an ideal place for both families and individuals seeking a fresh start or a new adventure.

Gary’s rich cultural heritage is evident in its diverse communities and historic architecture, offering residents a vibrant tapestry of experiences. From the iconic Gary Aquatorium to the bustling downtown area, there’s always something happening in this dynamic city. Nature enthusiasts will appreciate the nearby Indiana Dunes National Park, where pristine beaches and scenic trails await exploration.

For those considering a home in Gary, the real estate market offers an exciting opportunity with homes featuring apartment subtypes. These residences are perfect for anyone looking for flexibility and convenience, providing the option of multi-generational living or rental income potential. With spacious layouts, modern amenities, and often picturesque views, these homes cater to a variety of lifestyles.

Whether you’re a first-time homebuyer, an investor, or someone looking to downsize, Gary’s homes with apartment subtypes are a fantastic choice. The city’s affordability, combined with its proximity to Chicago and other metropolitan areas, makes it an attractive option for those seeking a balance of city life and suburban charm.

Discover the possibilities that await you in Gary, Indiana – a city that welcomes you with open arms and endless opportunities. Let us help you find your dream home today!

Newest Gary Homes with Apartment Subtype

$79,900
3 Beds ⋅ 1 Baths
MOTIVATED SELLER - Hey INVESTORS - Affordable 3-bedroom, 1-bath raised ranch. This home features a full basement and solid fundamentals, with major updates already completed--including a roof and windows recently --giving you peace of mind on the big-ticket items. Inside, you'll find a great layout with plenty of potential to make it your own over time. Whether you're tired of rising rent or ready to invest in your future, this home offers a smart, affordable path to ownership. Currently occupied by a reliable long-term tenant on a month-to-month lease at 1,000/month, this reflects a stable, below-market rent typical of long-term occupancy--providing an opportunity for future increases. At the current asking price, the property delivers an estimated 10.0 cap rate with 12,000 annual gross income and minimal vacancy risk. Property is located in a strong rental area, you may also want to explore local Section 8 Housing Choice Voucher Program payment standards, which could support higher rental income and improved returns, depending on qualification and tenant placement. Sold As-Is, this property offers both immediate cash flow and value-add potential through rent adjustments or light improvements. Whether you're building your portfolio or entering the market, this is a cash-flowing asset ready to perform from day one. Sold As-Is. Schedule your private showing today and take the first step toward owning your home!

815 W 25th Avenue, Gary
$610,000
20 Beds ⋅ 6 Baths
Exceptional investment opportunity! This single-family home portfolio includes six well-maintained residences with strong long-term upside potential. All properties have been consistently cared for, featuring new roofs, newer furnaces, and various interior and mechanical updates, minimizing immediate capital expenses. Current rents are significantly below market value, offering a prime opportunity for investors to increase cash flow through strategic rent adjustments. Ideal for both seasoned investors looking to expand their portfolio and those seeking a stable, value-add opportunity with built-in equity growth. Turnkey condition with major improvements already completed--add value, increase income, and maximize returns from day one..

2059 Williams Street, Gary
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