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3824 Parrish Ave, East Chicago, IN, 46312

4beds
2baths
--sqft
$169,900
--price/sqft
$1,460/moest. monthly cost
$58,400/yrincome needed

About This Home

Great Investor Opportunity! This beautiful, fully occupied 2 unit property offers immediate, stable cash flow. The building has been well maintained and presents an outstanding opportunity for both seasoned and first-time seeking a turnkey income producing asset. This building is available for purchase individually or as part of an exceptional FOUR-PROPERTY INVESTMENT PORTFOLIO. This building can be combined with three additional fully occupied multi-unit properties for expanded cash flow and portfolio growth. Whether you're looking to acquire a single performing asset or scale your investment holdings with multiple properties, this offering provides flexibility to meet your investment goals. Don't miss this rare opportunity to own a high-performing, fully leased property with the option to expand your real estate portfolio. Addresses of other properties: 4 Waltham St, Hammond, IN; 830 Wilcox St, Hammond, IN; and 415 Gostlin St, Hammond, IN.

Getting Around

64
WalkingSomewhat Walkable
0
TransitVery Limited Transit
49
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1926

Materials

  • Roof: Shingle

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family,Duplex

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2

Property

Details

  • Parcel number: 450321433028000024
  • Special condition: As Is

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Lighting
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 3,049 sqft

Parking

  • Total spaces: 1
  • Parking features: Detached
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Tornado
Inland Flooding
Lightning
Winter Weather
Tsunami

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $859$10,308
Home Insurance *$162$1,944
Property Taxes $255$3,060
Electricity $184$2,212
Total$1,460$17,520
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$50,057/yr
40% on housing$43,800/yr
45% on housing$38,933/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.6%
9.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 3.1%
3.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 46312$85
Lake County$135

vs Homes Sold Last Month

Median $/sqft

ZIP 46312$86
Lake County$150

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-11Price change$164,900
2026-07-16Listed for sale$169,900
2026-02-16Listing removed$895
2026-01-26Listed for rent$895
2025-12-08Sold$150,000
2025-11-06Pending sale$175,000
2025-10-29Listed for sale$175,000
2025-09-02Pending sale$175,000
2025-07-21Price change$175,000
2025-06-27Price change$200,000
2025-06-14Price change$215,000
2025-06-06Listed for sale$225,000
2020-08-31Sold$73,000
2020-05-11Listed for sale$79,900
2012-08-16Sold$53,000
2012-05-25Sold$35,000
2006-07-10Sold$43,716
2005-04-15Sold$67,090

For Sale by Agent

AgentGrace Acquah
BrokerageKeller Williams Indy Metro NE

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