46312 Homes under $200,000

46312 Homes under $200,000

Welcome to East Chicago, Indiana, where the charm of small-town living meets the vibrancy of urban convenience! Nestled in Lake County, the 46312 zip code is a hidden gem, offering a unique blend of affordability and accessibility. With its close proximity to major highways and the bustling city of Chicago, residents enjoy the best of both worlds—serenity at home and the excitement of city life just a short drive away.

In East Chicago, you’ll find a variety of homes priced under $200,000, making it an ideal spot for first-time homebuyers, families, and investors alike. Whether you’re searching for a cozy bungalow, a spacious single-family home, or a charming townhouse, this area has something to suit every taste and budget. The housing market here is diverse, with properties that boast character and potential, allowing you to create the perfect living space tailored to your needs.

The community is rich in culture and history, offering numerous parks, recreational facilities, and local dining options that reflect the area’s vibrant heritage. Families will appreciate the quality schools and the strong sense of community that defines East Chicago. With its affordable housing options, welcoming neighborhoods, and easy access to amenities, 46312 is not just a place to live, but a place to thrive.

Explore the possibilities in East Chicago today, and discover how you can make this charming city your new home!

Newest 46312 Homes under $200,000

4011 Euclid Avenue, East Chicago
$145,000
1 Beds ⋅ 2 Baths
VERSATILE SINGLE-FAMILY HOME WITH INCOME-PRODUCING POTENTIAL! This unique East Chicago property offers more than just a place to call home, featuring a spacious main living area plus a separate studio space located on the lower level. The flexible layout provides an excellent opportunity for an owner-occupant looking for additional space, a related-living setup, or an investor seeking the potential for additional rental income. The main residence offers comfortable living space, while the lower-level studio provides added versatility and can potentially be utilized as a separate living or income-producing space. Whether you're looking to offset your mortgage, accommodate extended family, or add another stream of income, this property offers plenty of possibilities. Conveniently located in East Chicago with easy access to local amenities, major roadways, shopping, dining, and entertainment. A great opportunity for buyers looking for flexibility, affordability, and income potential in one property! Schedule your private showing today and explore everything this property has to offer!

4011 Euclid Avenue, East Chicago
5008 Alexander Avenue, East Chicago
$135,000
4 Beds ⋅ 2 Baths
Investor Opportunity - Triplex with Detached Coach House! Unlock the potential of this income-producing multi-unit property located in an established neighborhood. This unique offering includes a main building with two spacious 3-bedroom, 1-bath units and a separate 2-bedroom, 1-bath coach house, creating multiple streams of rental income and flexible investment possibilities. Each unit features a functional floor plan with generous living spaces and abundant natural light. The detached coach house offers added privacy, making it an attractive option for tenants, multi-generational living, or supplemental rental income. This property is being sold as-is and is ready for renovation and improvements. Whether you're an experienced investor looking to expand your portfolio, a contractor seeking your next project, or a buyer looking to add value through updates, this property offers tremendous upside potential. Conveniently located near schools, shopping, dining, and major commuter routes, this is an excellent opportunity to transform a property with strong income-producing potential. Bring your vision and creativity--opportunities like this don't come around often!

5008 Alexander Avenue, East Chicago
3730 Hemlock Street, East Chicago
$199,900
3 Beds ⋅ 2 Baths
Welcome home! This well maintained home offers thoughtful updates throughout, including new furnace and renovations completed within the past three years to the plumbing, windows, roof, and electrical system. Kitchen, bathrooms and basement have been updated. You will find original hardwood floors preserving the home's character. Upstairs you will find a refreshed living space featuring a renovated office area and half bathroom. This home also offers a large front driveway with plenty of off-street parking at your convenience. Covered front porch. Basic appliances will be staying with home. A great opportunity to enjoy a classic charm with many important updates already completed!

3730 Hemlock Street, East Chicago
4013 Melville Avenue, East Chicago
$135,000
4 Beds ⋅ 2 Baths
Great starter investment property for you to live in one unit while having a second unit to cover your expenses. The front unit has been tastefully updated and is ready for immediate occupancy. Close proximity to parks and restaurants, this property has been super easy to rent over the years. Back unit is a long term tenant.

4013 Melville Avenue, East Chicago
3721 Ivy Street, East Chicago
$97,500
3 Beds ⋅ 2 Baths
Bring your vision and turn this 1 B zoning 3-bedroom, 2-bath home into your next profitable project. Offering plenty of potential and a layout ready for transformation, this property is ideal for the savvy investor, rehabber, or buyer looking to build instant equity. Sold AS-IS -- seller will make no repairs. Roll up your sleeves, bring your contractor, and make this one shine again!

3721 Ivy Street, East Chicago
407 Prospect Street, East Chicago
$79,900
3 Beds ⋅ 1 Baths
Attention Investors, Historians, and First Time Home Buyers! Discover the character and charm of this well-maintained half duplex, nestled in one of the city's most rapidly revitalizing neighborhoods. This charming home is full of history and potential. With new parks, sidewalks, and roads all around, this area is quickly becoming a sought-after destination for homeowners and investors alike. This charming 3-bedroom, 1-bath home offers 1102 square feet of comfortable living space and is the perfect option for first-time home buyers looking to build equity or investors seeking their next rental property. Inside, you'll find a balanced layout filled with character and endless possibilities to make it your own. The home's solid fundamentals and attractive price point make it an excellent value in today's market. Whether you're looking for a place to call home or a smart investment opportunity, this property delivers affordability, charm, and potential all in one package. Don't miss your chance to own a home with great upside at a price that's hard to find! Home is being Sold AS-IS.

407 Prospect Street, East Chicago
4726 Melville Avenue, East Chicago
$178,500
3 Beds ⋅ 2 Baths
THE UPDATED & READY TO MOVE IN HOUSE YOU HAVE BEEN WAITING FOR! Beautiful 3 Bedroom/2 Bath UPDATED 2 STORY HOME with finished Basement! The entire house and basement has been freshly painted white! Ready to move in and decorate! You'll love the 11' x 6' SUNROOM with big bright windows & oak Laminate floor. LIVING-DINING RM COMBO with Oak Laminate flooring and Ceiling Fans. UPDATED KITCHEN includes brand new Dark Wood Cabinets, Gray/White marble pattern Laminate Counters, new Stainless Steel Sink/Faucet, Oak Laminate Flooring Ceiling Fan/light & BRAND NEW STAINLESS STEEL APPLIANCES include Gas Stove, Refrigerator & built-in microwave. Master Bedroom includes walk in closet, 2nd & 3rd Bedroom include Closets, oak laminate flooring & Ceiling Fan/lights! UPDATED FULL BATH includes New Single Sink Vanity, Wall mounted Mirror medicine cabinet & Vanity Light, Toilet & Tub/Shower with oak laminate Flooring. FINISHED BASEMENT includes sound reducing acoustical ceiling tiles, laundry Sink and Washer & Gas Dryer hook ups. Walk out exterior basement door to backyard. New concrete. FENCED HUGE DOUBLE LOT BACK YARD lots of possibilities! A swing set, a pool, a future deck, great for BBQ's! ENJOY LOW INDIANA PROPERTY TAXES! GREAT LOCATION FOR EASY COMMUTING! Minutes from 912 Cline Ave to I90, or Indianapolis Southshore Train Station!

4726 Melville Avenue, East Chicago
3724 Grand Boulevard, East Chicago
$166,900
2 Beds ⋅ 1 Baths
PRICED TO MOVE! Don't miss your chance to own this charming brick bungalow packed with original character and plenty of space to make your own. Step inside to find beautiful hardwood floors, rich natural woodwork, built-ins, a brick fireplace, and timeless architectural details throughout. The enclosed sunroom offers an additional light-filled space perfect for relaxing, an office, or flex space. The bathroom features updated tile, a newer vanity, and tub/shower surround. Outside, enjoy a spacious yard plus a detached brick garage/outbuilding offering additional storage and possibilities. With solid bones, classic charm, and a price designed to get attention, this one is ready for its next owner. PRICED TO MOVE -- schedule your showing before someone else grabs it!

3724 Grand Boulevard, East Chicago
432 Vernon Avenue, East Chicago
$120,000
2 Beds ⋅ 2 Baths
Welcome home to this charming Cape Cod offering timeless character, a spacious layout, and plenty of opportunity to make it your own. A welcoming covered front porch provides the perfect place to relax with your morning coffee or unwind in the evening. Inside, you'll find a functional floor plan filled with natural light and flexible living space to suit a variety of needs. Whether you're a first-time homebuyer looking to build equity or an investor searching for your next opportunity, this home offers incredible potential. Conveniently located near shopping, dining, parks, and major highways, you'll enjoy easy access to everything you need while still feeling at home in a quiet neighborhood. Don't miss your chance to own this affordable home with great curb appeal and unlimited possibilities. Schedule your private showing today and imagine the potential this property has to offer

432 Vernon Avenue, East Chicago
4908 Northcote Avenue, East Chicago
$159,900
4 Beds ⋅ 2 Baths
Well kept two flat on the city's south side fully occupied and ready for a new owner. Two long term renters love their homes and hope to remain. Turn key rental operation is the result. After entering the fully fenced front yard you're welcomed to the covered front porch. Inside the front door is an enclosed front porch leading to both units, one on the first floor and one on the second floor. The layout for the homes are identical, with living room, eat-in kitchen, two beds, and a full bath in each unit. The rear porch, also enclosed, has a walk up to the unfinisihed attic as well as the cellar style basement. Leaving the rear porch into the backyard, you will find a sizable fully fenced yard space as well as 4 parking spots off street. Renters pay Nipsco, gas and electric, and the owner pays just the ultra low East Chicago rate for water, sewer, and trash. Professionally managed, thoughtfully updated, and well maintained by two ideal renters, this is the investment opportunity you've been waiting to find! Do not hesitate, opportunities like this do not surface on the open market often. Showings will be confirmed as to limit the disturbance of our top tier renters, so please reach out to your brokers with proof of funds or financing, and allow 48 hours for confirmation.

4908 Northcote Avenue, East Chicago
4854 Alexander Avenue, East Chicago
$102,000
4 Beds ⋅ 2 Baths
4854 Alexander Avenue, East Chicago, IN Investor special with major improvements already underway! This property has been taken down to the studs and is ready for your vision to bring it across the finish line. Recent updates include a new roof, new windows, active electric service, new interior framing, and exterior siding currently in progress, saving valuable time and expense on the renovation process. The home offers a flexible layout with plenty of opportunity to customize the finished product to maximize value. Situated on a 3,000+ square foot lot, the property also features a detached garage and fenced yard. Perfect for investors, flippers, or buyers looking for a project with much of the heavy lifting already started. Sold as-is.

4854 Alexander Avenue, East Chicago
4828 Mccook Avenue, East Chicago
$107,500
8 Beds ⋅ 4 Baths
Excellent investment opportunity! Bring your vision to this four-unit property located at 4828 McCook Ave., East Chicago. The building offers a versatile unit mix consisting two 3 bedroom, 1-bath unit and two 1-bedroom, 1-bath units, providing excellent potential for strong rental income after renovations. This property is a full rehab and is being sold as-is. Extensive repairs are needed, making it ideal for experienced investors, contractors, or buyers looking to add value to their portfolio. With the right improvements, this property has the potential to become a profitable income-producing asset. Conveniently located near schools, shopping, public transportation, and major highways, offering easy access for future tenants.

4828 Mccook Avenue, East Chicago
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