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$75,000
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Property Description
Investor Special - Endless Potential in This Multiplex Opportunity! This is your chance to bring a bold vision to life! This gutted-down-to-the-studs unit single family/multiplex offers a blank canvas for the savvy investor or visionary builder. With the heavy lifting already done, this property is primed for a total transformation. Whether you're looking to create high-demand rental units, or a stylish multi-family retreat. This property is "Ready"! Located in a up and coming area of Gary , the possibilities are truly endless. Design it your way, from layout to finishes and turn this shell into a standout income-producing asset. Opportunities like this don't come around often. Bring your contractor, your imagination, and your vision to make this property pop!
Full Property Details
Full Property Details for 1241 W 17th Ave
General
- Price: $75,000
- Taxes: $208 (2024)
- Status: Active
- Type: Multi-Family
- Source: GNIAR
- MLS ID: 829035
- Updated: 11/3/2025
- Added to Site: 100 day(s) ago
Interior
- Interior Features: None
- Appliances: None
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 9
Exterior
- Exterior Features: None
Parking
- Parking Features: On Street
Location
- County: Lake
- Township: Calumet
- Subdivision: Logan Park Add 02
- Driving Directions: head North on Grant to 17th Ave, make a right on to 17th
School Information
- High School District: Gary
Heating & Cooling
- Heating Type: None
Structural Information
- Year Built: 1925
Lot Features
- Lot Size (Acres): 0.072
- Lot Size (Sq. Ft.): 3,136
- Lot Features: Back Yard, Rectangular Lot, Front Yard, Few Trees
- Zoning: Residential
Financial Considerations
- Tax Amount: $208
- Tax Year: 2024
- Terms: Cash, Other
Disclosures and Reports
- Legal Description: 2ND LOGAN PARK ADD. LOT 40 BL.5
- Property ID: 450809303034000004
Listed by Better Homes and Gardens Real
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Schools
Schools serving 1241 W 17th Ave
School District:Gary Community School Corporation
| Name | Grades | Distance |
|---|---|---|
Beveridge Elementary School 1234 Cleveland Street, Gary, IN 46404 | K-5 | 0.6 mi |
Mary M Bethune Early Child Development Center 2367 East 21st Avenue, Gary, IN 46407 | PK- | 2.4 mi |
Gary Middle School 301 Parke Street, Gary, IN 46403 | 6-8 | 5.8 mi |
West Side Leadership Academy 9th & Gerry St, Gary, IN 46406 | 9-12 | 2.9 mi |
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 1241 W 17th Ave
Date
Details
Price
Change
Source
10/08/2025
Listed
$75,000
2042.86%
MLS
1/24/2022
Sold
$3,500
—
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 1241 W 17th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$909
-67%
$8,300
-73%
2023
$2,733
182%
$31,000
22%
2022
$969
-51%
$25,500
9%
2020
$1,974
40%
$23,500
5%
2019
$1,408
—
$22,400
-7%
2019
$1,408
-1%
$24,200
-21%
2018
$1,421
66%
$30,500
-20%
2017
$856
—
$38,200
-4%
2017
$856
-3%
$39,900
-1%
2016
$880
3%
$40,500
-11%
2015
$854
-67%
$45,700
4%
2013
$2,591
-4%
$43,900
-1%
2012
$2,690
—
$44,300
—
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 1241 W 17th Ave
1241 W 17th Avenue, Gary, IN 46407 (MLS# 829035) is a Multi-Family property with units containing 9 bedrooms and 3 full bathrooms. 1241 W 17th Avenue is currently listed for $75,000 and was received on October 08, 2025. Want to learn more about 1241 W 17th Avenue? 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.

