Date
Details
Price
Change
Source
5/14/2026
Listed
$199,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$199,900 Just Listed
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Property Description
Fantastic opportunity for investors or owner-occupants looking to offset their mortgage with rental income! This well-maintained two-unit property offers spacious layouts and great income potential. The main level unit features 2 bedrooms, 1 full bath, kitchen, and an open living/dining room combo, plus access to a full basement with laundry hookups and additional storage space. The upper-level unit also offers 2 bedrooms, 1 full bath, kitchen, and an open concept living/dining room combo, along with a dedicated laundry room/closet. Large backyard provides plenty of outdoor space for entertaining, relaxing, extra parking or future possibilities. Whether you're looking to expand your investment portfolio or live in one unit while the tenant helps pay the mortgage, this property is full of potential!
Full Property Details
Full Property Details for 2480 Sullivan St
General
- Price: $199,900
- Taxes: $3,449 (2024)
- Status: Active
- Type: Multi-Family
- Source: GNIAR
- MLS ID: 838865
- Updated: Today (5/14/2026)
- Added to Site: Today
Interior
- Interior Features: Ceiling Fan(s), Open Floorplan
- Appliances: Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Parking
- Parking Features: Asphalt, On Street
Location
- County: Lake
- Township: Hobart
- Subdivision: East Gary R
- Driving Directions: Take Ripley st to Central turn left (east) on Central, take central ave to Sullivan St, turn right (south) .. home is on the right
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Structural Information
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.114
- Lot Size (Sq. Ft.): 4,966
- Lot Features: Back Yard
Financial Considerations
- Tax Amount: $3,449
- Tax Year: 2024
- Terms: Cash, VA Loan, FHA, Conventional
Disclosures and Reports
- Legal Description: E. GARY REAL ESTATE CO'S. 1ST ADD. ALL L.18 BL.8
- Property ID: 450916182030000021
Listed by Realty Executives Premier
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— 2480 Sullivan St —
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NMLS#: 1598647
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Schools
Schools serving 2480 Sullivan St
School District:Lake Station Community Schools
| Name | Grades | Distance |
|---|---|---|
Virgil I Bailey Elementary School 2100 Union Street, Lake Station, IN 46405 | K-6 | 0.5 mi |
Thomas A Edison Jr-Sr High School 3304 Parkside Avenue, Lake Station, IN 46405 | 7-12 | 0.6 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 2480 Sullivan St
Tax History
Tax History for 2480 Sullivan St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,539
—
$196,500
43%
2024
$3,539
-42%
$137,200
5%
2023
$6,076
74%
$130,500
-5%
2022
$3,492
-45%
$137,500
12%
2020
$6,387
126%
$122,400
9%
2019
$2,820
—
$111,800
6%
2019
$2,820
-8%
$105,300
7%
2018
$3,075
—
$98,000
1%
2017
$3,076
—
$96,900
-1%
2017
$3,076
22%
$97,600
-5%
2016
$2,525
-1%
$102,600
-6%
2015
$2,539
-56%
$108,900
-6%
2013
$5,737
-1%
$116,000
1%
2012
$5,805
—
$115,200
—
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 2480 Sullivan St
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Sold by @properties/Christie's Intl RE
2480 Sullivan Street, Lake Station, IN 46405 (MLS# 838865) is a Multi-Family property with units containing 4 bedrooms and 2 full bathrooms. 2480 Sullivan Street is currently listed for $199,900 and was received on May 14, 2026. Want to learn more about 2480 Sullivan Street? Do you have questions about finding other Multi-Family real estate for sale in Lake Station? You can browse all Lake Station real estate or contact a Coldwell Banker agent to request more information.