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$90,000
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Property Description
Great opportunity to add a value-add multifamily property to your portfolio! This 4-unit residential building is located in East Chicago, Indiana and offers strong rental potential for the savvy investor. Each unit features 2 bedrooms and 1 full bathroom, providing a desirable layout for long-term tenants. The property is a fixer-upper, making it ideal for investors looking to renovate, increase rents, and build equity. With the right updates, this property has the potential to generate consistent cash flow. Perfect for investors seeking a multifamily asset with upside.
Full Property Details
Full Property Details for 4944 Kennedy Ave
General
- Sold For: $90,000
- Taxes: $1,194 (2024)
- Status: Closed
- Type: Multi-Family
- Source: GNIAR
- MLS ID: 833651
- Added to Site: 65 day(s) ago
Interior
- Number of Rooms: 21
- Interior Features: None
- Appliances: None
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Parking
- Parking Features: Driveway, None, On Street
Location
- County: Lake
- Township: North
- Subdivision: Second Principal Meridian
- Driving Directions: Kennedy to 151st west on 151st to Kennedy, North on Kennedy to property
School Information
- High School District: City of East Chicago
Community
- Pets Allowed: Yes
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Structural Information
- Year Built: 1912
Lot Features
- Lot Size (Acres): 0.163
- Lot Size (Sq. Ft.): 7,100
- Lot Features: Near Public Transit, Rectangular Lot
Financial Considerations
- Tax Amount: $1,194
- Tax Year: 2024
- Terms: Cash
Disclosures and Reports
- Legal Description: SUBDIV. PART OF NW. S.33 T.37 R.9 BLOCK 1 LOTS 20 & 21
- Property ID: 450333129043000024
Listed by Weichert Realtors - Shoreline
Sold by Favela Real Estate, LLC
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Schools
Schools serving 4944 Kennedy Ave
School District:City of East Chicago School District
| Name | Grades | Distance |
|---|---|---|
East Chicago Central High School 1100 West Columbus Drive, East Chicago, IN 46312 | 9-12 | 1.7 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 4944 Kennedy Ave
Date
Details
Price
Change
Source
3/30/2026
Sold
$90,000
-28%
MLS
2/05/2026
Listed
$125,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4944 Kennedy Avenue, East Chicago, IN 46312 (MLS# 833651) is a Multi-Family property that was sold at $90,000 on March 30, 2026. Want to learn more about 4944 Kennedy Avenue? 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.

