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$230,000 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
  • 4 Total Beds
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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 for 5040 Walsh Ave

General

  • Price: $230,000
  • Taxes: $2,383 (2024)
  • Status: Pending
  • Type: Multi-Family
  • Source: GNIAR
  • MLS ID: 838236
  • Updated: 5/4/2026
  • Added to Site: 22 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 by Simplify Your Move! Realty Inc

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Listing agents

— 5040 Walsh Ave —

  • Simplify Your Move! Realty Inc

  • Simplify Your Move! Realty Inc

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NMLS#: 1598647

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

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

Schools serving 5040 Walsh Ave

School District:City of East Chicago School District
NameGradesDistance
William Mckinley Elementary School
4825 Magoun Avenue, East Chicago, IN 46312
PK-40.5 mi
East Chicago Central High School
1100 West Columbus Drive, East Chicago, IN 46312
9-121.3 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/04/2026
Listed
$230,000
40.24%
MLS
10/11/2022
Sold
$164,000
—
Public Record
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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 5040 Walsh Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,364
—
$174,100
6%
2024
$2,364
-67%
$163,900
9%
2023
$7,154
390%
$149,900
44%
2022
$1,460
-25%
$103,800
24%
2020
$1,940
75%
$83,800
6%
2019
$1,107
—
$78,700
10%
2019
$1,107
2%
$71,500
7%
2018
$1,083
-2%
$66,800
-1%
2017
$1,107
—
$67,800
2%
2017
$1,107
-1%
$66,300
2%
2016
$1,120
23%
$65,300
—
2015
$911
-57%
$65,500
-11%
2013
$2,131
-24%
$74,000
-13%
2012
$2,803
—
$85,200
—
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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Listed by Simplify Your Move! Realty Inc

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5040 Walsh Avenue, East Chicago, IN 46312 (MLS# 838236) is a Multi-Family property with units containing 4 bedrooms and 2 full bathrooms. 5040 Walsh Avenue is currently listed for $230,000 and was received on May 04, 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.

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