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$80,000 Just Listed
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Property Description
Brick 3-unit investment opportunity with strong upside potential! This multi-family property offers spacious units and solid brick construction, making it an ideal value-add project for investors, rehabbers, or landlords looking to expand their portfolio. Property needs repairs and updates but has excellent income-producing potential once renovated. Conveniently located near major highways, shopping, schools, and public transportation. Property is being sold As-Is. Cash or renovation financing recommended. Great opportunity to restore and build equity!
Full Property Details
Full Property Details for 304 Polk St
General
- Price: $80,000
- Taxes: $356 (2024)
- Status: Active
- Type: Multi-Family
- Source: GNIAR
- MLS ID: 839608
- Updated: 5/27/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: None
- Appliances: None
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Parking
- Garage Spaces: 2
- Parking Features: On Street, Off Street
Location
- County: Lake
- Township: Calumet
- Subdivision: Gary Land Companys 01
- Driving Directions: Melton Rd to Polk st to Address
Heating & Cooling
- Heating Type: None
Structural Information
- Year Built: 1924
Lot Features
- Lot Size (Acres): 0.0612
- Lot Size (Sq. Ft.): 2,666
- Lot Features: Back Yard, Front Yard
Financial Considerations
- Tax Amount: $356
- Tax Year: 2024
- Terms: Cash
Disclosures and Reports
- Legal Description: GARY LAND CO'S 1ST SUB. ALL L.22 BL.113
- Property ID: 450804177017000004
Listed by Brokerworks Group
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Schools
Schools serving 304 Polk St
School District:Gary Community School Corporation
| Name | Grades | Distance |
|---|---|---|
Beveridge Elementary School 1234 Cleveland Street, Gary, IN 46404 | K-5 | 1.2 mi |
Mary M Bethune Early Child Development Center 2367 East 21st Avenue, Gary, IN 46407 | PK- | 2.9 mi |
Gary Middle School 301 Parke Street, Gary, IN 46403 | 6-8 | 5.4 mi |
West Side Leadership Academy 9th & Gerry St, Gary, IN 46406 | 9-12 | 3.1 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 304 Polk St
Date
Details
Price
Change
Source
5/27/2026
Listed
$80,000
26566.67%
MLS
12/08/2015
Sold
$300
—
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 304 Polk St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,274
—
$16,600
17%
2024
$1,274
-67%
$14,200
-68%
2023
$3,879
145%
$44,000
6%
2022
$1,586
-51%
$41,700
8%
2020
$3,269
159%
$38,500
4%
2019
$1,261
—
$37,100
-38%
2019
$1,261
-10%
$59,900
—
2018
$1,406
5%
$59,900
-1%
2017
$1,344
—
$60,800
-4%
2017
$1,344
87%
$63,500
-2%
2016
$717
8%
$64,600
-1%
2015
$664
-31%
$65,300
4%
2013
$964
-1%
$62,800
1%
2012
$977
—
$61,900
—
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 304 Polk St
304 Polk Street, Gary, IN 46402 (MLS# 839608) is a Multi-Family property with units containing 6 bedrooms and 3 full bathrooms. 304 Polk Street is currently listed for $80,000 and was received on May 27, 2026. Want to learn more about 304 Polk 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.

