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Listing provided courtesy of Coldwell Banker RealtyNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 834741MLS Provider

2059 Williams StreetGary, IN 46404

Multi-Family · 20 Beds · 6 Full Baths · 0.12 Acres
$610,000 Active

2059 Williams Street Overview

Time on Site:
120 days
Visits:
0

Exceptional investment opportunity! This single-family home portfolio includes six well-maintained residences with strong long-term upside potential. All properties have been consistently cared for, featuring new roofs, newer furnaces, and various interior and mechanical updates, minimizing immediate capital expenses. Current rents are significantly below market value, offering a prime opportunity for investors to increase cash flow through strategic rent adjustments. Ideal for both seasoned investors looking to expand their portfolio and those seeking a stable, value-add opportunity with built-in equity growth. Turnkey condition with major improvements already completed--add value, increase income, and maximize returns from day one..

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2059 Williams Street Facts & Features

  • Type Multi-Family
  • Lot 0.12 Acres

Details

General

Income/Expenses

  • Cable TV Expense: 0
  • Electric Expense: 0
  • Gardener Expense: 0
  • Insurance Expense: 4800
  • Net Operating Income: 52720
  • Pool Expense: 0
  • Trash Expense: 0

Building Information

  • New Construction: false
  • Year Built: 1955

Location/Region

  • County Or Parish: Lake
  • Subdivision Name: Tarrytown First Sub
  • Township: Calumet

Rent/Lease Information

  • Lease Considered: false
  • Rent Includes: None

Tax Information

  • Tax Annual Amount: 958
  • Tax Assessed Value: 38200
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 450807356020000004
  • Pets Allowed: Yes
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Full: 6
  • Bathrooms Total: 6
  • Bedrooms Total: 20

Building Interior

  • Above Grade Finished Area: 5806

General Information

  • Appliances: None
  • Basement: false
  • Fireplace: false
  • Heating: Forced Air
  • Interior Features: Eat-in Kitchen,Laminate Counters
  • Levels: One

Exterior

Lot Information

  • Additional Parcels: true
  • Lot Features: Back Yard
  • Lot Size Acres: 0.115
  • Lot Size Source: Appraiser
  • Lot Size Square Feet: 5009
  • Water Source: Public

Waterfront/View

  • View: Neighborhood
  • Waterfront: false

General Information

  • Sewer: Public Sewer
  • Utilities: Cable Connected,Water Connected,Sewer Connected,Electricity Connected

2059 Williams Street Neighborhood

Community

46404 (GARY) Demographics

36
Median Age
3,118
Population Density (per sq. mile)
23%
College Educated
$33,030
Estimated Median Income
3,748
Estimated Total Home Owners
3,303
Estimated Total Renters
53% / 47%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2059 Williams Street Monthly Cost

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$ %
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$
$
Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2059 Williams Street Market Data

Based on the last 30 days in this zip code

$155,181
Average List Price
$88
Average Price per Square Foot
5
Properties Sold
95
Average Days on Market
43
Properties for Sale
Calculations provided by Reliance Network

2059 Williams Street History

Date Event Value Agent
3/2/2026Source: Northwest Indiana MLS Added to Database
March 02, 2026