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$195,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 2 Total Beds
  • Updated 4 hours ago
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Turnkey, income-producing 2 unit fully rented! Each updated unit features 2 bedrooms, a spacious living room, kitchen, and full bath with reliable rental income already in place. This property is an outstanding investment opportunity with immediate cash flow. Add this solid income property to your portfolio today! Property is being sold As-Is.

Full Property Details for 3931 Grace St

General

  • Price: $195,000
  • Taxes: $726 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: GNIAR
  • MLS ID: 841908
  • Updated: 7/8/2026
  • Added to Site: 1 day(s) ago

Interior

  • Number of Rooms: 8
  • Interior Features: Granite Counters, Pantry
  • Appliances: None

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Parking

  • Parking Features: Gravel, On Street

Location

  • County: Lake
  • Township: North
  • Subdivision: Inland Sub
  • Driving Directions: Cline Ave North to Airport Rd West to Grace St.

Heating & Cooling

  • Heating Type: Forced Air, Natural Gas

Structural Information

  • Year Built: 1926

Lot Features

  • Lot Size (Acres): 0.0988
  • Lot Size (Sq. Ft.): 4,305
  • Lot Features: Back Yard

Financial Considerations

  • Tax Amount: $726
  • Tax Year: 2024
  • Terms: Cash, VA Loan, FHA, Conventional

Disclosures and Reports

  • Legal Description: INLAND SUB. L.20 BL.3
  • Property ID: 450322478016000024

Listed by McColly Real Estate

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Listing agents

— 3931 Grace St —

  • McColly Real Estate

  • McColly Real Estate

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 3931 Grace St

School District:City of East Chicago School District
NameGradesDistance
George Washington Elementary School, East Chicago, IN
2400 Cardinal Drive, East Chicago, IN 46312
K-40.5 mi
Joseph L Block Jr High School
2700 Cardinal Drive, East Chicago, IN 46312
7-80.5 mi
East Chicago Central High School
1100 West Columbus Drive, East Chicago, IN 46312
9-122.6 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 3931 Grace St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/08/2026
Listed
$195,000
441.67%
MLS
1/15/2020
Sold
$36,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3931 Grace St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$957
—
$97,300
10%
2024
$957
-75%
$88,400
10%
2023
$3,818
629%
$80,000
14%
2022
$524
-76%
$70,100
34%
2020
$2,146
102%
$52,400
8%
2019
$1,060
—
$48,300
11%
2019
$1,060
-15%
$43,400
10%
2018
$1,248
60%
$39,600
-1%
2017
$782
—
$39,900
4%
2017
$782
-1%
$38,500
1%
2016
$786
35%
$38,000
2%
2015
$583
20%
$37,200
97%
2013
$485
-13%
$18,900
-2%
2012
$559
—
$19,300
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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3931 Grace Street, East Chicago, IN 46312 (MLS# 841908) is a Multi-Family property with units containing 2 bedrooms and 2 full bathrooms. 3931 Grace Street is currently listed for $195,000 and was received on July 08, 2026. Want to learn more about 3931 Grace 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.

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