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$54,000
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Property Description
Investor Special - Multi-Unit Opportunity! Unlock the potential in this two-unit building featuring two spacious 3-bedroom units. This property is a blank canvas in need of a full rehab, offering endless possibilities for value-add investors or savvy house hackers. With strong rental demand in the area and generous unit sizes, this building could easily become a high-performing asset in your portfolio. Whether you're looking to fix and flip or buy and hold, this is your chance to bring your vision to life and create long-term cash flow. Sold as-is. Bring your contractor and your imagination opportunities like this don't last long!
Full Property Details
Full Property Details for 1072 Van Buren St
General
- Price: $54,000
- Taxes: $667 (2024)
- Status: Active
- Type: Multi-Family
- Source: GNIAR
- MLS ID: 830931
- Updated: 11/17/2025
- Added to Site: 59 day(s) ago
Interior
- Number of Rooms: 12
- Interior Features: None
- Appliances: None
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Exterior
- Exterior Features: Rain Gutters
Parking
- Parking Features: On Street, Off Street
Location
- County: Lake
- Township: Calumet
- Subdivision: Gary Land Companys 11
- Driving Directions: Right turn onto Main St, Left turn onto center st, right onto N lake park ave, left onto central ave, right turn onto van buren, House is on the left.
School Information
- High School District: Gary
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Structural Information
- Year Built: 1924
Lot Features
- Lot Size (Acres): 0.089
- Lot Size (Sq. Ft.): 3,877
- Lot Features: Front Yard, Paved
- Zoning: Residential
Financial Considerations
- Tax Amount: $667
- Tax Year: 2024
- Terms: Cash, FHA, Conventional
Disclosures and Reports
- Legal Description: ADD TO GARY LAND CO'S 11TH SUB. ALL L.10 BL.13
- Property ID: 450809205018000004
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Schools
Schools serving 1072 Van Buren St
School District:Gary Community School Corporation
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1072 Van Buren St
Date
Details
Price
Change
Source
11/17/2025
Listed
$54,000
120.41%
MLS
11/27/2024
Sold
$24,500
—
Public Record
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
Tax History for 1072 Van Buren St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$716
-69%
$26,600
2%
2023
$2,292
68%
$26,000
27%
2022
$1,364
-15%
$20,500
8%
2020
$1,604
22%
$19,000
4%
2019
$1,316
—
$18,200
-7%
2019
$1,316
-18%
$19,600
-50%
2018
$1,612
81%
$39,500
-1%
2017
$890
—
$39,800
-4%
2017
$890
-3%
$41,600
-1%
2016
$917
4%
$42,000
-11%
2015
$885
-50%
$47,000
58%
2013
$1,753
-4%
$29,700
-1%
2012
$1,828
—
$30,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1072 Van Buren St
1072 Van Buren Street, Gary, IN 46402 (MLS# 830931) is a Multi-Family property with units containing 6 bedrooms and 2 full bathrooms. 1072 Van Buren Street is currently listed for $54,000 and was received on November 17, 2025. Want to learn more about 1072 Van Buren Street? Do you have questions about finding other Multi-Family real estate for sale in Gary? You can browse all Gary real estate or contact a Coldwell Banker agent to request more information.

