4341 Maryland Street, Gary, IN 46409

$59,000
2
BD
1
BA
864
SqFt

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Sold Price
$59,000
List Price
$60,000
Status
CLOSED
MLS#
829292
Closing Date
Nov 24, 2025
Year Built
1953
Days On Market
41
Bedrooms
2
Bathrooms
1
Living Area
864
Township
Calumet
Subdivision
Bungalow Heights

Property Description

This 2-bedroom, 1-bathroom brick bungalow is the perfect AS-IS investment for a savvy buyer looking to execute a high-return flip or establish a strong rental property in the desirable Glen Park neighborhood. Financial projections are promising, with a conservative estimated ARV (After Repair Value) of approximately 165,000k, and post-renovation rental rates expected to achieve 1,250+ per month. The home offers excellent foundational features, including existing hardwood floors throughout that can be restored to their original beauty. Furthermore, the unfinished basement boasts the required ceiling height, providing a straightforward opportunity to finish the space, add significant livable square footage, and instantly boost the property's overall value. This is a must-see for any investor ready to capitalize on a project with major built-in equity potential.

Additional Information

Acres
0.15
Taxes
$848
Water
Public
Heating
Forced Air
Appliances
None
Agent Name
Larita Thomas

Listing courtesy of Larita Thomas from @properties/Christie's Intl RE.

Selling Office: @properties/Christie's Intl RE.

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