1072 Van Buren Street, Gary, IN 46402 - Photo 1

1/1

$40,000

Sold
Closed
Multi-Family
6 Total Beds

1/1

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

Sold For: $40,000
Taxes: $667 (2024)
Status: Closed
Type: Multi-Family
Source: GNIAR
MLS ID: 835297
Added to Site: 75 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

Listed by Listing Leaders
Sold by McColly Real Estate

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Schools

Schools serving 1072 Van Buren St

School District:Gary Community School Corporation

Name	Grades	Distance
Beveridge Elementary School 1234 Cleveland Street, Gary, IN 46404	K-5	0.9 mi
Mary M Bethune Early Child Development Center 2367 East 21st Avenue, Gary, IN 46407	PK-	2.2 mi
Gary Middle School 301 Parke Street, Gary, IN 46403	6-8	5.3 mi
West Side Leadership Academy 9th & Gerry St, Gary, IN 46406	9-12	3.3 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 1072 Van Buren St

Date

Details

Price

Change

Source

4/27/2026

Sold

$40,000

-18.37%

MLS

3/18/2026

Price Reduced

$49,000

-9.26%

MLS

3/12/2026

Listed

$54,000

—

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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2
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3
Beds
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-$5,000 (-1.76%)

$279,900

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Single Family
Active
Updated 4 days ago

4
Beds
2
Total Baths
2,148
Sq. Ft.

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Sold

$35,000

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Multi-Family
Closed

5
Total Beds

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Sold by Meeker Real Estate Inc

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Beds
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Total Bath
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Sq. Ft.

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$45,000

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Single Family
Closed

3
Beds
1
Total Bath
1,934
Sq. Ft.

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Sold

$40,428

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Single Family
Closed

3
Beds
1
Total Bath
2,058
Sq. Ft.

Listed by Dream Team Agents, LLC
Sold by Homes on Demand Realty

1072 Van Buren Street, Gary, IN 46402 (MLS# 835297) is a Multi-Family property that was sold at $40,000 on April 27, 2026. 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.

1072 Van Buren St Gary, IN 46402