1971 Massachusetts St

Beds
Baths
3,096 Sq. Ft.
$73 / Sq. Ft.
3,096
Sq. Ft.
$73
per Sq. Ft.

Description

Calling all investors! Multi-Unit all Brick building. There are 2 one-bedroom units, 2 two-bedroom units and 1 three-bedroom unit. Units are very large, have high ceilings and all have sitting area and dining area. One bedroom units offer a small bonus room. High efficiency furnaces. Newer Roof a couple years. More opportunity for additional income with coin operated laundry.Calling all investors! Multi-Unit all Brick building. There are 2 one-bedroom units, 2 two-bedroom units and 1 three-bedroom unit. Units are very large, have high ceilings and all have sitting area and dining area. One bedroom units offer a small bonus room. High efficiency furnaces. Newer Roof a couple years. More opportunity for additional income with coin operated laundry.
  1. Listed by Panagiota Papadatos • Penny P Properties, LLC
    P: (219)-627-1800 C: (219)-627-1800 Penny@PennyPProperties.com

Property Details for 1971 Massachusetts Street

Subdivision
Broadway Add
LISTING UPDATED: 01/07/2026 05:01 PM

Property Details for 1971 Massachusetts Street

StatusActive
MLS #832477
Days on Market33
Taxes$1,590 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi Family
Year Built1920
Lot Size0.07 AC / 3,136 SF
CountyLake County

Location

Listing Courtesy of Penny P Properties, LLC
Add your commute

Building Information for 1971 Massachusetts Street

Stories-Residences5Year Built1920Building Size-Lot Size0.07 AC / 3,136 SF

Payment Calculator

$1,229 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,097

Property Taxes

$133

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1971 Massachusetts Street

Summary
Location and General Information
  • Directions: Broadway to 19th Street, East on 19th Street, South to Building.
  • City/Town: Gary
  • State: IN
  • Township: Calumet
  • ZIP: 46407
  • Latitude: 41.58
  • Longitude: -87.34
  • County: Lake
Taxes and HOA
  • Annual Tax Amount: $1,590.00
  • APN/Key #: 450810352017000004
  • Tax Year: 2024
  • Tax Legal Description: BROADWAY ADD. L.31 BL.19
Parking
  • Garage Description: Off Street, On Street, Garage Faces Rear
Property
Lot Information
  • Lot Square Footage: 3,136.00
  • Square Footage: 3096.0
  • Acres: .07
Property and Assessments
  • Property Type: Commercial Sale
  • Property Subtype 1: Multi Family
  • Year Built: 1920
  • Lot Description: Paved, Rectangular Lot
  • Potential Use: Residential
  • Current Use: Vacant
Utilities
  • Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
  • Electric: 200+ Amp Service
Interior and Exterior Features
Exterior Features
  • Exterior Features: Lighting, Rain Gutters
  • Construction Materials: Brick
Interior Features
  • Appliances: Gas Range, Refrigerator
  • Basement Type: Daylight, Walk-Out Access, Partially Finished
  • Basement: Yes
  • Cooling: None
  • Flooring: Carpet, Vinyl, Tile
  • Heat Type: Forced Air
  • Interior Features: High Ceilings, Soaking Tub, Laminate Counters
  • Roof: Asphalt
Multi Family
Multi-Family Information
  • # of Units: 5
Rental
Rental Information
  • TenantPays: Electricity, Gas

Property History for 1971 Massachusetts Street

DateEvent & SourcePriceAppreciation
Jan 7, 2026

Withdrawn

Northwest Indiana REALTORS® Association #832467

Jan 6, 2026

Listed (Active)

Northwest Indiana REALTORS® Association #832467

$225,000
Jan 6, 2026

Listed (Active)

Northwest Indiana REALTORS® Association #832477

$225,000
Jan 5, 2026

Expired

Northwest Indiana REALTORS® Association #825728

Sep 24, 2025

Pending

Northwest Indiana REALTORS® Association #825728

Aug 9, 2025

Listed (Active)

Northwest Indiana REALTORS® Association #825728

$225,000
May 24, 2025

Expired

Northwest Indiana REALTORS® Association #812437

Feb 13, 2025

In Contract

Northwest Indiana REALTORS® Association #812437

Dec 31, 2024

Price Change

Northwest Indiana REALTORS® Association #812437

$280,000
Nov 1, 2024

Listed (Active)

Northwest Indiana REALTORS® Association #812437

$310,000
Dec 31, 2022

Expired

Northwest Indiana REALTORS® Association #517947

Dec 31, 2022

Expired

Northwest Indiana REALTORS® Association #517947

Aug 12, 2022

Listed (Active)

Northwest Indiana REALTORS® Association #517947

$250,000
Aug 12, 2022

Listed (Active)

Northwest Indiana REALTORS® Association #517947

$250,000
Sep 21, 2017

Sold

Northwest Indiana REALTORS® Association #413459

$95,000
Sep 21, 2017

Sold

Northwest Indiana REALTORS® Association #413459

$95,000
Aug 23, 2017

Sold (Public Record)

Public Record #606009062

$95,000
Aug 16, 2017

Pending

Northwest Indiana REALTORS® Association #413459

Aug 16, 2017

In Contract

Northwest Indiana REALTORS® Association #413459

Apr 30, 2017

Price Change

Northwest Indiana REALTORS® Association #413459

$115,000
Apr 30, 2017

Listed (Active)

Northwest Indiana REALTORS® Association #413459

$100,000
Apr 17, 2008

Expired

Northwest Indiana REALTORS® Association #184116

Apr 16, 2008

Expired

Northwest Indiana REALTORS® Association #184116

Apr 16, 2007

Listed (Active)

Northwest Indiana REALTORS® Association #184116

$140,000
Apr 16, 2007

Listed (Active)

Northwest Indiana REALTORS® Association #184116

$140,000
Jul 6, 1999

Sold

Greater Northwest Indiana Association of REALTORS #99005233

$23,000
Jul 6, 1999

Sold

Northwest Indiana REALTORS® Association #548180

$23,000
Jul 6, 1999

Pending

Greater Northwest Indiana Association of REALTORS #99005233

Jun 3, 1999

Pending

Northwest Indiana REALTORS® Association #548180

Jun 3, 1999

In Contract

Northwest Indiana REALTORS® Association #548180

Apr 29, 1999

Listed (Active)

Northwest Indiana REALTORS® Association #548180

$30,000
Apr 29, 1999

Listed (Active)

Greater Northwest Indiana Association of REALTORS #99005233

$30,000
DateEvent & SourcePrice
01/07/2026

Withdrawn

Northwest Indiana REALTORS® Association #832467

01/06/2026

Listed (Active)

Northwest Indiana REALTORS® Association #832467

$225,000
01/06/2026

Listed (Active)

Northwest Indiana REALTORS® Association #832477

$225,000
01/05/2026

Expired

Northwest Indiana REALTORS® Association #825728

09/24/2025

Pending

Northwest Indiana REALTORS® Association #825728

08/09/2025

Listed (Active)

Northwest Indiana REALTORS® Association #825728

$225,000
05/24/2025

Expired

Northwest Indiana REALTORS® Association #812437

02/13/2025

In Contract

Northwest Indiana REALTORS® Association #812437

12/31/2024

Price Change

Northwest Indiana REALTORS® Association #812437

$280,000
11/01/2024

Listed (Active)

Northwest Indiana REALTORS® Association #812437

$310,000
12/31/2022

Expired

Northwest Indiana REALTORS® Association #517947

12/31/2022

Expired

Northwest Indiana REALTORS® Association #517947

08/12/2022

Listed (Active)

Northwest Indiana REALTORS® Association #517947

$250,000
08/12/2022

Listed (Active)

Northwest Indiana REALTORS® Association #517947

$250,000
09/21/2017

Sold

Northwest Indiana REALTORS® Association #413459

$95,000
09/21/2017

Sold

Northwest Indiana REALTORS® Association #413459

$95,000
08/23/2017

Sold (Public Record)

Public Record #606009062

$95,000
08/16/2017

Pending

Northwest Indiana REALTORS® Association #413459

08/16/2017

In Contract

Northwest Indiana REALTORS® Association #413459

04/30/2017

Price Change

Northwest Indiana REALTORS® Association #413459

$115,000
04/30/2017

Listed (Active)

Northwest Indiana REALTORS® Association #413459

$100,000
04/17/2008

Expired

Northwest Indiana REALTORS® Association #184116

04/16/2008

Expired

Northwest Indiana REALTORS® Association #184116

04/16/2007

Listed (Active)

Northwest Indiana REALTORS® Association #184116

$140,000
04/16/2007

Listed (Active)

Northwest Indiana REALTORS® Association #184116

$140,000
07/06/1999

Sold

Greater Northwest Indiana Association of REALTORS #99005233

$23,000
07/06/1999

Sold

Northwest Indiana REALTORS® Association #548180

$23,000
07/06/1999

Pending

Greater Northwest Indiana Association of REALTORS #99005233

06/03/1999

Pending

Northwest Indiana REALTORS® Association #548180

06/03/1999

In Contract

Northwest Indiana REALTORS® Association #548180

04/29/1999

Listed (Active)

Northwest Indiana REALTORS® Association #548180

$30,000
04/29/1999

Listed (Active)

Greater Northwest Indiana Association of REALTORS #99005233

$30,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1971 Massachusetts Street

Taxable ValueLand$4,300Additions$59,100Total$63,400
Tax Record2024$1,629 ($136 / month)
Home Facts
Beds4Baths1Total Finished SqFt2,064 SqFtAbove Grade Finished SqFt2,064 SqFtStories2Lot Size3,136 SqFtStyleSingle Family ResidenceYear Built1920CountyLAKEAPN45-08-10-352-017.000-004

Schools near 1971 Massachusetts Street

This home is within Gary Community School Corp.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Daniel Hale Williams Elementary School
PublicK to 5

Gary Middle School
Public6 to 8

West Side Leadership Academy
Public9 to 12

Gary Virtual Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

1971 Massachusetts Street is a multi-family home for sale in Gary, IN 46407. This property was listed for sale on January 6, 2026 by Penny P Properties, LLC, it's currently listed at $225,000. It has been on the market for a total of 33 days and was last sold on September 21, 2017. This listing's school district is Gary Community School Corp. Nearby schools include Daniel Hale Williams Elementary School, Gary Middle School and West Side Leadership Academy. 1971 Massachusetts Street is a 0-bed, 0-bath, 3,096 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Penny P Properties, LLC

Based on information submitted to the MLS GRID as of 01/07/2026 05:01 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.