Investment Snapshot

This Gary single-family bungalow sits on a quiet residential block in the Pulaski / Marshalltown Terrace area, a working-class neighborhood with steady renter demand and easy access to I-65 and local amenities. The home offers a simple, efficient 3-bed / 1-bath layout across a single story, making it easy to maintain and straightforward to lease. With public utilities, modest lot size, and no HOA, the property fits the profile of a low-friction rental in a market where acquisition and operating costs can be kept under control.

Value & Upside

Built in 1956 and described as well maintained, the house features wood kitchen cabinets, an updated bath, and practical finishes that appeal to residents who prioritize function over luxury. The compact footprint, lack of basement, and basic systems keep capex exposure relatively contained, while prior use as a rental shows clear income potential. For an investor, this is a simple, entry-level hold in a cash-flow-focused submarket: stabilize tenancy, keep maintenance tight, and treat any cosmetic or systems upgrades as targeted value-add to support stronger long-term returns.