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$60,000 Just Listed
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Property Description
Investor Special - High-Upside Fix & Flip Opportunity Solid brick multi-level building at 400 E 41st Ave in Gary, IN 46409. This is a true value-add project for experienced investors or rehabbers ready to take on a full gut renovation. The property shows classic older construction with substantial remaining structure, multiple interior spaces, arched openings, and original character elements that can shine once restored. Brick exterior provides a durable shell. Current condition requires complete renovation (extensive interior work, systems, finishes, cleanup, and exterior/site improvements), making it ideal for a full rehab or potential multi-unit conversion depending on zoning and your plans. Located in Gary with access to major routes and the broader Northwest Indiana / Chicago metro market. Nearby properties and ongoing area activity create opportunity for investors targeting rental income, flip, or hold strategies after renovation. Bring your contractor, run the numbers, and transform this into a strong-performing asset. Cash or hard-money buyers preferred. Property sold as-is. Schedule your inspection today and see the potential in person.
Full Property Details
Full Property Details for 400 E 41st Ave
General
- Price: $60,000
- Taxes: $1,422 (2024)
- Status: Active
- Type: Single Family
- Source: GNIAR
- MLS ID: 843338
- Updated: 8/3/2026
- Added to Site: 4 day(s) ago
Interior
- Interior Features: None
- Appliances: None
Parking
- Garage Spaces: 2
- Parking Features: Attached
Location
- County: Lake
- Township: Calumet
- Subdivision: Great Gary Realty Companys 01
- Driving Directions: Broadway (N) > E 40th Ave. (E) > Delaware St. (S) > 400 E 41st Ave (E)
Heating & Cooling
- Heating Type: None
Structural Information
- Year Built: 1925
Lot Features
- Lot Size (Acres): 0.103
- Lot Size (Sq. Ft.): 4,487
- Lot Features: Corner Lot
Financial Considerations
- Tax Amount: $1,422
- Tax Year: 2024
- Terms: Cash
Disclosures and Reports
- Legal Description: GREAT GARY REALTY CO'S 1ST ADD ALL LOT 19 BL.8 AND E.2 1/10FT. VAC. DELAWARE ST. ADJ. LOT
- Property ID: 450827181025000004
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Schools
Schools serving 400 E 41st Ave
School District:Gary Community School Corporation
| Name | Grades | Distance |
|---|---|---|
Glen Park Academy For Excel In Lrn 5002 Madison Street, Gary, IN 46408 | K-5 | 1.3 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 | 0.8 mi |
West Side Leadership Academy 9th & Gerry St, Gary, IN 46406 | 9-12 | 5.3 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 400 E 41st Ave
Date
Details
Price
Change
Source
8/03/2026
Listed
$60,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 400 E 41st Ave
400 E 41st Avenue, Gary, IN 46409 (MLS# 843338) is a Single Family property with 0 bedrooms and 0 full bathrooms. 400 E 41st Avenue is currently listed for $60,000 and was received on August 03, 2026. Want to learn more about 400 E 41st Avenue? Do you have questions about finding other Single Family real estate for sale in Gary? You can browse all Gary real estate or contact a Coldwell Banker agent to request more information.

