4008 Fir St, East Chicago, IN

Name: 4008 Fir St, For Sale in East Chicago - eXp Realty
Brand: New Chapter Real Estate
SKU: 841435
Price: 199999 USD

House

For Sale

Listed price in listed location currency (USD).

$199,999

222

MLS® 841435

Key Facts
Description
Map

Key Facts

Type Duplex

Levels Residential Income

Size 1600 sqft

Garage Yes

Taxes $1,762

Days Active 4

Lot Size 0.0988 Acres

Approx. Age 1918

Avg. Price Per Sqft $124

MLS® Number 841435

Property Address: 4008 Fir St, East Chicago, IN, 46312-2835

Average square foot calculated using Size range provided by listing agent.

Description

Don't miss this outstanding opportunity to add a solid income-producing property to your investment portfolio. This all-brick two-unit multifamily, 2 flat features two spacious units, each currently rented for 1, 100 per month with long-term tenants already in place, providing immediate and consistent cash flow from day one. The property has seen numerous recent updates, including a brand-new roof, new white kitchen cabinetry in both units, new bathroom vanities, toilets, and bathtubs, newer flooring in the upper unit, updated plumbing and electrical, and both the sewer line and main sewer line have been replaced. Additional features include a 2-car all-brick detached garage and a fully fenced backyard, making this a low-maintenance investment with many major improvements already completed. Each unit is separately metered with its own gas and electric service, allowing tenants to pay their own utilities and helping maximize your return on investment. Looking to increase cash flow even further? The approximately 800-square-foot unfinished basement includes a 3/4 bathroom, laundry area, and several finished rooms. With the proper approvals, it offers exceptional value-add potential for additional living space or the possibility of creating a third rental unit, providing an opportunity to significantly increase future rental income. Location is another major advantage. With convenient access to major expressways and commuter routes, tenants can enjoy an easy commute to downtown Chicago while benefiting from the affordability of Northwest Indiana housing. Whether you're expanding your investment portfolio or searching for your next value-add multifamily property, this building offers the ideal combination of immediate rental income, extensive updates, long-term tenants, and future upside potential. Investment opportunities like this don't come around often.

MLS® Number841435

Laundry LevelLower

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1918

BasementFull, Unfinished

DrivewayAlley Access, Off Street, Detached, Garage Faces Rear

Garage Spaces

HeatHot Water

A/C

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 29, 2026List Date

$199,999List Price

Commute

Commute

Starting Address

Destination Address

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