400 E  20th Ave, Gary, IN 46407
SOLD
MAR 27, 2026

400 E 20th Ave
Gary, IN 46407

Midtown
  • 14 Beds
  • 8 Baths

$52,500

Last Sold: Mar 27, 2026
8% below list $57K
Est. Refi. Payment $377/mo*

$52,500

Last Sold: Mar 27, 2026
8% below list $57K
Est. Refi. Payment $377/mo*
14 Beds
8 Baths
(on 6,273 acres)

Homes for sale near 400 E 20th Ave

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Local Information

Map showing home location
© Google
-- mins to
Commute Destination

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

Active Status

MLS Status: Closed

Interior Features

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

Exterior Features

Exterior Home Features
Exterior: None
Parking & Garage
No Garage
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 6273

Property Information

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

Price & Status

Price
List Price: $57,000

Location

Direction & Address
City: GaryCommunity: Gary Investment Company

Lot Information

Lot Area: 6273 Acres

Listing Info

Special Conditions: None

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Other

Rental Terms, Policies & Fees

Rent Includes: NoneOwner Pays: Sewer, Trash Collection, Taxes

Miscellaneous

BasementMls Number: 826470Above Grade Unfinished Area: 6273Below Grade Unfinished Area: 3136
Last check for updates: about 13 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

DatePriceEventSource
03/27/2026$52,500Sold
NIRA as distributed by MLS GRID #826470
10/30/2025$57,000PendingNIRA as distributed by MLS GRID #826470
10/15/2025$57,000PriceChange
NIRA as distributed by MLS GRID #826470
08/22/2025$60,000Listed For SaleNIRA as distributed by MLS GRID #826470
04/12/2024$6,600Sold
N/A
12/05/2023$6,600Sold
N/A
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Property Tax and Assessment

Year2025
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.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

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.
  • Shelliecross62
    "Easy and fast if you have a car. The city bus is right up the street to get to and from where ever one is going."
  • J8nkc4zyfk
    "Unfortunately, there are no community events no schools in this area 😔 just ,and a lot of gas stations in very bad areas around this community😔don’t see this community getting better ever!!"
  • Trulia User
    "Please watch over your children in this or any other neighborhood.. the most important thing is to watch out for everyone especially your children cuz they are our future leaders."
  • Trulia User
    "Ones safety is very important for this neighborhood. Be mindful of surroundings.pay attention.can be a very good neighborhood.has potential. Police do patrol the neighborhood as well there is a very good elementary school. Bus routes for the high school. Playgrounds for smaller children surrounded by churches."
  • Trulia User
    "It has bus service in this neighborhood but I drive a car to get around the neighborhood. I walk because there is local shops in the area where you can shop and it’s very convenient for me to get around."
  • Trulia User
    "how many families in the community Is the area safe for small children are the children safe walking home if needed"
  • Trulia User
    "public transportation is offered in my neighborhood that several locations to catch public bus. which travels along major thoroughfares of this community you can connect with other bus routes within the community as well to move you around the city and suburbs"
  • Mary B.
    "Nice area good place to sit outside with the family and do family functions....Respectful neighbors everyone gets alone with each other "
  • Mykia G.
    "Nothing at all sorry to say. We need to do better. The price of living does match the job earnings.."
  • Donald A. E. S.
    "My kids School is in walking distance. it's the neighborhood where I grew up in back in the 70's. with diversity in the neighborhood from African-American ,Polish- American ,German- Americans "

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-05-09 06:37:35 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

Homes for rent near 400 E 20th Ave

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Off Market Homes Near 400 E 20th Ave

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Explore by feature

400 E 20th Ave, Gary, IN 46407 is a 14 bedroom, 8 bathroom multi-family built in 1930. 400 E 20th Ave is located in Midtown, Gary. This property is not currently available for sale. 400 E 20th Ave was last sold on Mar 27, 2026 for $52,500 (8% lower than the asking price of $57,000).