400 E 20th Ave
Gary, IN 46407
Midtown- 14 Beds
- 8 Baths
14 Beds
8 Baths
(on 6,273 acres)
Homes for sale near 400 E 20th Ave
Apartments for Rent
Local Information
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Description
BRING YOUR BEST OFFER!! Investor Special - 8-Unit Building with Huge Potential!Attention investors and rehabbers! This 8-unit property offers a rare opportunity to add tremendous value through a full gut rehab. Featuring a main building with a storefront plus multiple residential units, as well as two additional houses in the back, this property has flexible layouts and endless potential.Main Building:First Floor: Front commercial storefront plus 2 large residential units (each 2 bed/1 bath, with potential to convert to 3 bedrooms).Second Floor: Two spacious 2 bed/1 bath units.Basement: Potential to build out 2 additional apartments.Back Houses (2 Units Each):First Floor: 2 bed/1 bath units.Basement: 1 bed/1 bath units.Current tenant occupies one 2 bed/1 bath unit.This property is ideal for an investor looking for strong rental income potential or a savvy buyer ready to house-hack--live in one unit while renovating and renting the rest. Once rehabbed, this building has the potential to generate substantial cash flow and long-term appreciation.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from March 27, 2026
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 400 E 20th Ave
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MLS Status: Closed |
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Interior Details Basement: UnfinishedNumber of Rooms: 14 |
Beds & Baths Number of Bedrooms: 14Number of Bathrooms: 8Number of Bathrooms (full): 8 |
Appliances & Utilities Appliances: None |
Heating & Cooling Heating: Forced AirHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa No Fireplace |
Levels, Entrance, & Accessibility Levels: Two |
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Exterior Home Features Exterior: None |
Parking & Garage No Garage |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 6273 |
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Year Built Year Built: 1930 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Quadruplex |
Building Not a New Construction |
Property Information Condition: FixerParcel Number: 450810376022000004 |
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Price List Price: $57,000 |
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Direction & Address City: GaryCommunity: Gary Investment Company |
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Lot Area: 6273 Acres |
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Special Conditions: None |
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Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Other |
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Rent Includes: NoneOwner Pays: Sewer, Trash Collection, Taxes |
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BasementMls Number: 826470Above Grade Unfinished Area: 6273Below Grade Unfinished Area: 3136 |
Last check for updates: about 20 hours ago
Listed by Chanelle McGee
@properties/Christie's Intl RE, (219) 440-0070
Bought with: Non-Member Agent, Non-Member MLS Office, (219) 795-3600
Source: NIRA as distributed by MLS GRID, MLS#826470

Price History for 400 E 20th Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 03/27/2026 | $52,500 | Sold | NIRA as distributed by MLS GRID #826470 |
| 10/30/2025 | $57,000 | Pending | NIRA as distributed by MLS GRID #826470 |
| 10/15/2025 | $57,000 | PriceChange | NIRA as distributed by MLS GRID #826470 |
| 08/22/2025 | $60,000 | Listed For Sale | NIRA as distributed by MLS GRID #826470 |
| 04/12/2024 | $6,600 | Sold | N/A |
| 12/05/2023 | $6,600 | Sold | N/A |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,577 |
| Assessment | $114,100 |
Home facts updated by county records
Comparable Sales for 400 E 20th Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.38 | Multi-Family Home | $32,000 | 06/18/25 | 12 | 6 | - | |
0.23 | Multi-Family Home | $55,000 | 01/05/26 | 4 | 2 | - | |
0.67 | Multi-Family Home | $53,000 | 04/03/26 | 8 | 5 | - | |
0.27 | Multi-Family Home | $60,000 | 06/27/25 | 4 | 2 | - | |
0.42 | Multi-Family Home | $300,000 | 01/07/26 | 7 | 4 | - |
Assigned Schools
These are the assigned schools for 400 E 20th Ave.
What Locals Say about Midtown
At least 55 Trulia users voted on each feature.
91 % Say car is needed
86 % Say yards are well-kept
83 % Say parking is easy
80 % Say there are sidewalks
70 % Say there's holiday spirit
54 % Say it's walkable to grocery stores
48 % Say neighbors are friendly
46 % Say it's dog friendly
44 % Say streets are well-lit
44 % Say kids play outside
44 % Say they plan to stay for at least 5 years
43 % Say there's wildlife
43 % Say it's quiet
42 % Say there are community events
32 % Say people would walk alone at night
25 % Say it's walkable to restaurants
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-05-09 00:42:37 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

