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$440,000
Monthly Est:$2,190
9 Beds
4 Baths4 full baths
--sqft
5001 Magoun Ave, East Chicago, IN 46312
$440,000
$2,190/moEst:
Get Pre-Approved
Quadruplex
Built in 1900
$-- HOA
7,000 sqft lot
--/sqft
Description
This 4-unit property presents a strong, stabilized investment opportunity. Three of the four units have been recently updated, reducing near-term capital expenditure needs. All tenants were placed within the past 24 months through a thorough screening process, including criminal background, credit, and employment verification, resulting in a reliable tenant base and minimized turnover risk. With updated interiors, recent tenant placement, and professional management practices, 5001 Magoun Avenue offers investors a turnkey, income-producing asset with steady cash flow and reduced operational risk.
- Houzeo last checked: 8 hours ago
- Listing updated: October 6, 2026 at 2:10 pm
- Listing Provided by: Michael Dailey (312) 259-1126 | Listing Leaders (219) 462-5478
- Source: Northwest Indiana REALTORS® Association MLS-IN | MLS#: 829086
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1900
HOA Fees
-
Finished Area
- sqft
Lot Size
7,000 sqft lot
Basement Area
- sqft
MLS Name
Northwest Indiana REALTORS® Association MLS
MLS Number
829086
MLS Status
Active
Days on Market
378
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 9
Bathrooms: 4
Interior
Appliances
Gas Range, Refrigerator
Heating
Baseboard, Individual Unit, Other, Natural Gas
Sewer
Public Sewer
Interior Features
Other
Exterior Features
Other
Utilities & Energy
Water Source
Public
Parking Features
Driveway
Basement
Unfinished
Other Features
Lot Features
Back Yard, Front Yard, Corner Lot
Subdivision Name
Sub
Price History
| Date | Event | Price |
|---|---|---|
07/29/2026 Source: | Price Decreased | $440,000 -1.12% $0/sqft |
06/16/2026 Source: | Price Decreased | $445,000 -1.11% $0/sqft |
05/21/2026 Source: | Price Decreased | $450,000 -1.10% $0/sqft |
05/11/2026 Source: | Price Decreased | $455,000 -1.09% $0/sqft |
01/18/2026 Source: | Listed for Sale | $460,000 +100.00% $0/sqft |
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Based on information provided by the Northwest Indiana REALTORS® Association, Inc. Multiple Listing Service through Oct 22, 2026, 03:53PM as submitted to and distributed by MLS GRID. Information Deemed Reliable But Not Guaranteed. 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 is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. © 2026 Northwest Indiana REALTORS® Association, Inc. Multiple Listing Service. All rights reserved.
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