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5001 Magoun Ave

East Chicago IN 46312

9
4
4
1672 sq. ft.
7000 sq. ft.
Duplex
Currently for sale - view listing

Overview

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.

Features

9 bedrooms
4 bathrooms
4 carspaces
2 garage spaces
1672 sq. ft. floor area
7000 sq. ft. lot size
Duplex

Property history for 5001 Magoun Ave

2024
Sold
$230,000
08 May 2024 by Kiyah Marshall, of Property Boss
2019
Sold
$155,000
27 Feb 2019

Happy sellers in East Chicago

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Local market activity for 9 bedroom duplexes in East Chicago

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