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$139,900 Just Listed
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Property Description
Cash-flow opportunity in the heart of Gary! This all-brick 2-unit property at 3725 Monroe offers the unit mix investors are looking for with one spacious 3-bedroom, 1-bath unit and one 2-bedroom, 1-bath unit. Whether you're looking to add doors to your portfolio, start your investment journey, or create value through updates and improved rents, this property checks the boxes. The solid brick construction offers durability, while the aggressive pricing creates an opportunity to secure a multifamily asset below replacement cost. Sold AS-IS and priced to move quickly, this is the type of opportunity savvy investors watch for but rarely find. With continued investment and redevelopment throughout Gary, now is the time to secure your position in one of Northwest Indiana's fastest-evolving markets. Schedule your showing today before this one is gone.
Full Property Details
Full Property Details for 3725 Monroe St
General
- Price: $139,900
- Taxes: $1,452 (2024)
- Status: Active
- Type: Multi-Family
- Source: GNIAR
- MLS ID: 841926
- Updated: 7/8/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 9
- Interior Features: None
- Appliances: None
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Parking
- Garage Spaces: 2
- Parking Features: Alley Access, On Street, Garage Faces Rear
Location
- County: Lake
- Township: Calumet
- Subdivision: Jackson Park South Broadway Add
- Driving Directions: Ridge Road to Monroe. Property on East side
Heating & Cooling
- Heating Type: Forced Air
Structural Information
- Year Built: 1924
Lot Features
- Lot Size (Acres): 0.072
- Lot Size (Sq. Ft.): 3,136
- Lot Features: Back Yard, Front Yard
Financial Considerations
- Tax Amount: $1,452
- Tax Year: 2024
- Terms: Cash
Disclosures and Reports
- Legal Description: JACKSON PARK SO. BDWY. ADD. ALL L.27 BL.3
- Property ID: 450828204004000004
Listed by Integrity Realty Partners
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Schools
Schools serving 3725 Monroe St
School District:Gary Community School Corporation
| Name | Grades | Distance |
|---|---|---|
Glen Park Academy For Excel In Lrn 5002 Madison Street, Gary, IN 46408 | K-5 | 1.6 mi |
Mary M Bethune Early Child Development Center 2367 East 21st Avenue, Gary, IN 46407 | PK- | 2.7 mi |
Bailly Preparatory Academy 4621 Georgia Street, Gary, IN 46409 | 6-8 | 1.5 mi |
West Side Leadership Academy 9th & Gerry St, Gary, IN 46406 | 9-12 | 4.5 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 3725 Monroe St
Date
Details
Price
Change
Source
7/08/2026
Listed
$139,900
—
MLS
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 3725 Monroe St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,547
—
$106,500
84%
2024
$1,547
-69%
$57,900
1%
2023
$5,043
354%
$57,200
32%
2022
$1,112
-71%
$43,400
—
2020
$3,824
293%
$43,400
—
2019
$973
-5%
$43,400
—
2018
$1,026
-2%
$43,400
—
2017
$1,043
1%
$43,400
—
2016
$1,030
13%
$43,400
-42%
2015
$915
-79%
$74,300
2%
2013
$4,320
345%
$73,200
—
2012
$970
—
$73,000
—
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 3725 Monroe St
3725 Monroe Street, Gary, IN 46408 (MLS# 841926) is a Multi-Family property with units containing 5 bedrooms and 2 full bathrooms. 3725 Monroe Street is currently listed for $139,900 and was received on July 08, 2026. Want to learn more about 3725 Monroe 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.

