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$270,000
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Property Description
Turnkey 3-Unit Investment! Immediate Cash Flow! Don't miss this fully renovated 3-unit multifamily property offering strong income potential from day one. 1 of the three units are already tenant-occupied, providing immediate cash flow with minimal upfront stabilization needed. Each unit features a 2-bedroom, 1-bath layout, making it highly desirable for long-term rental demand. The property has been extensively updated, reducing maintenance concerns and capital expenditures for years to come. Recent Improvements Include: New roof, New water heaters, New plumbing, Fully renovated kitchens and bathrooms, Fresh paint, updated flooring, trim, and fixtures throughout, Newly built front porch and stairs. Interior Upgrades: Modern kitchens with grey shaker cabinetry, black hardware, marble-look countertops, and durable tile flooring. Bathrooms feature updated vanities, marble-look tile surrounds, and matte black fixtures, designed for durability and tenant appeal. With major mechanicals already updated and one unit producing income, this is a low-maintenance addition to any rental portfolio. Ideal for investors seeking a stabilized asset or owner-occupants looking to offset their mortgage with rental income.
Full Property Details
Full Property Details for 3906 Catalpa St
General
- Sold For: $270,000
- Taxes: $742 (2025)
- Status: Closed
- Type: Multi-Family
- Source: GNIAR
- MLS ID: 834237
- Added to Site: 97 day(s) ago
Interior
- Number of Rooms: 15
- Interior Features: Laminate Counters, Recessed Lighting
- Appliances: Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Exterior
- Exterior Features: Lighting, Rain Gutters
Parking
- Garage Spaces: 2
- Parking Features: Detached
Location
- County: Lake
- Township: North
- Subdivision: Indiana Harbor Add 03
- Driving Directions: Columbus to Alder north to 1/37 turn east to Catalpa and go south
Heating & Cooling
- Heating Type: Forced Air
Structural Information
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.0849
- Lot Size (Sq. Ft.): 3,697.59
- Lot Features: Front Yard
Financial Considerations
- Tax Amount: $742
- Tax Year: 2025
- Terms: Cash, VA Loan, FHA, Conventional
Disclosures and Reports
- Legal Description: 3RD ADD. IND. HARBOR L.38 BL.3
- Property ID: 450322452022000024
Listed and Sold by @properties/Christie's Intl RE
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Schools
Schools serving 3906 Catalpa St
School District:City of East Chicago School District
| Name | Grades | Distance |
|---|---|---|
George Washington Elementary School, East Chicago, IN 2400 Cardinal Drive, East Chicago, IN 46312 | K-4 | 0.4 mi |
Joseph L Block Jr High School 2700 Cardinal Drive, East Chicago, IN 46312 | 7-8 | 0.5 mi |
East Chicago Central High School 1100 West Columbus Drive, East Chicago, IN 46312 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3906 Catalpa St
Date
Details
Price
Change
Source
5/21/2026
Sold
$270,000
-1.78%
MLS
2/19/2026
Listed
$274,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3906 Catalpa Street, East Chicago, IN 46312 (MLS# 834237) is a Multi-Family property that was sold at $270,000 on May 21, 2026. Want to learn more about 3906 Catalpa Street? Do you have questions about finding other Multi-Family real estate for sale in East Chicago? You can browse all East Chicago real estate or contact a Coldwell Banker agent to request more information.

