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3940 Pierce Street, Gary, IN 46408

Local realty services provided by:CENTURY 21 Affiliated
Listed by: jeff mccormick, breanne shumaker
Office: mccormick real estate, inc.
MLS#:834042
Source:Northwest Indiana AOR as distributed by MLS GRID
3940 Pierce Street,Gary, IN 46408
$139,900
  • 3 Beds
  • 1 Baths
  • 748 sq. ft.
  • Single family
  • Active

Price summary

  • Price:$139,900
  • Price per sq. ft.:$187.03

About this home

Welcome to a well kept home in Calumet Township offering both comfort and strong financial upside. With current rent at sixteen hundred per month, this property performs in the 10-12 perc cap rate range, making it an appealing option for buyers who want a rent ready residence that also builds long term equity. For those who want to move into their beautiful new home, the Lease is up on 3/31/26. The home features a practical layout, a bright living area, and a spacious yard--ideal for everyday living, outdoor enjoyment, or future improvements. Its location near Indiana University Northwest, major employers, and key transit routes ensure steady demand and lasting value. Whether you're looking for an affordable primary home or a smart investment with immediate income potential, this property delivers versatility and long term stability.

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Home facts

  • Year built:1955
  • Listing ID #:834042
  • Added:4 day(s) ago
  • Updated:February 18, 2026 at 03:25 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:748 sq. ft.

Structure and exterior

  • Year built:1955
  • Building area:748 sq. ft.
  • Lot area:0.09 Acres

Utilities

  • Water:Public

Finances and disclosures

  • Price:$139,900
  • Price per sq. ft.:$187.03
  • Tax amount:$1,751 (2024)
Based on information submitted to the MLS GRID as of February 18, 2026. 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. IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

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