5040 Walsh Avenue, East Chicago, IN 46312 - Photo 1

1/1

$235,000

Sold
Closed
Multi-Family
4 Total Beds

1/1

Property Description

Income in Place, Flexibility to Grow! A solid opportunity to add to your portfolio in the Roxana neighborhood of East Chicago. This 2-unit property features two 2 bed, 1 bath units, offering a practical setup for both immediate income and flexibility. One unit is currently rented on a month-to-month lease, providing income with the option to adjust terms, while the second unit is vacant and ready for a new tenant. A straightforward investment with the ability to stabilize and manage on your terms.

Full Property Details

Full Property Details for 5040 Walsh Ave

General

Sold For: $235,000
Taxes: $2,383 (2024)
Status: Closed
Type: Multi-Family
Source: GNIAR
MLS ID: 838236
Added to Site: 69 day(s) ago

Interior

Interior Features: Ceiling Fan(s)
Appliances: Dryer, Washer, Gas Range

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Bedrooms

Total Bedrooms: 4

Exterior

Exterior Features: Balcony

Parking

Parking Features: Alley Access, On Street

Location

County: Lake
Township: North
Subdivision: Walshs Add
Driving Directions: 41 N TO 150TH W To Walsh St, Home will be on the left.

Community

Pets Allowed: Yes

Heating & Cooling

Heating Type: Forced Air, Natural Gas

Structural Information

Year Built: 1925

Lot Features

Lot Size (Acres): 0.11
Lot Size (Sq. Ft.): 4,791.6
Lot Features: Back Yard

Financial Considerations

Tax Amount: $2,383
Tax Year: 2024
Terms: Conventional, VA Loan, FHA

Disclosures and Reports

Legal Description: WALSH'S ADD. S2. L.19 BL.2 ALL L.20 BL.2
Property ID: 450332106034000024

Listed and Sold by Simplify Your Move! Realty Inc

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Listing agents

— 5040 Walsh Ave —

Simplify Your Move! Realty Inc
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Schools

Schools serving 5040 Walsh Ave

School District:City of East Chicago School District

Name	Grades	Distance
William Mckinley Elementary School 4825 Magoun Avenue, East Chicago, IN 46312	PK-4	0.5 mi
East Chicago Central High School 1100 West Columbus Drive, East Chicago, IN 46312	9-12	1.3 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 5040 Walsh Ave

Date

Details

Price

Change

Source

6/17/2026

Sold

$235,000

2.17%

MLS

5/04/2026

Listed

$230,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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4
Beds
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Total Baths
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Sq. Ft.

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Just Listed

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2
Beds
1
Total Bath

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Just Listed

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Active
Updated 3 days ago

3
Beds
1
Total Bath
1,080
Sq. Ft.

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Just Listed

$169,900

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Multi-Family
Active
Updated 19 hours ago

4
Total Beds

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Price Reduced

-$5,000 (-2.78%)

$175,000

947 Reese Ave Whiting, IN 46394

Single Family
Active
Updated 2 days ago

2
Beds
1
Total Bath
1,450
Sq. Ft.

Listed by McCormick Real Estate, Inc.

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Price Reduced

-$10,000 (-3.71%)

$259,900

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Multi-Family
Active
Updated 3 days ago

6
Total Beds

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Price Reduced

-$100 (-0.02%)

$499,800

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Single Family
Active
Updated 4 days ago

4
Beds
3
Total Baths
2,580
Sq. Ft.

Listed by @properties/Christie's Intl RE

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Price Reduced

-$14,000 (-5.31%)

$249,900

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Single Family
Active
Updated 4 days ago

2
Beds
2
Total Baths
1,924
Sq. Ft.

Listed by Century 21 Circle

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Sold

$243,000

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Multi-Family
Closed

6
Total Beds

Listed by McColly Real Estate
Sold by @properties/Christie's Intl RE

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Sold

$239,900

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Single Family
Closed

4
Beds
2
Total Baths
3,014
Sq. Ft.

Listed by Listing Leaders Northwest
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Sold

$239,900

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Single Family
Closed

3
Beds
2
Total Baths
1,660
Sq. Ft.

Listed by McColly Real Estate
Sold by @properties/Christie's Intl RE

4722 Tod Ave, East Chicago, IN 46312 - Photo 1

Sold

$210,000

4722 Tod Ave East Chicago, IN 46312

Single Family
Closed

4
Beds
2
Total Baths
2,300
Sq. Ft.

Listed by Listing Leaders Northwest
Sold by Realty Executives Premier

5040 Walsh Avenue, East Chicago, IN 46312 (MLS# 838236) is a Multi-Family property that was sold at $235,000 on June 17, 2026. Want to learn more about 5040 Walsh 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.

5040 Walsh Ave East Chicago, IN 46312