Monthly rent

$1,550

Beds

Baths

–

Sqft

981

Monthly rent	$1,550
Beds	3
Baths	–
Sqft	981

Updated 45 Minutes Ago

Location

4138 W 20th Ave, Gary, IN 46404, USA|Tolleston

Tour 4138 W 20th Ave

Contact

Jeff McCormick

McCormick Real Estate

(844) 432-0484 ext. 1380

About 4138 W 20th Ave

Discover a well maintained, move in ready property in a quiet residential pocket of Gary's west side. This home features a comfortable layout with spacious living areas, generous bedroom sizes, and functional updates. The property has been well cared for, providing a minimal upcoming maintenance needs. Outside, the home sits on a nicely sized lot with room for outdoor enjoyment, parking, and future value add potential. Whether you're expanding your rental holdings or looking for a low maintenance investment, this home offers a strong blend of stability, affordability for yourself or as a income property. The owner is offering all 8 income generating properties in their portfolio as a single package deal, creating a rare chance to acquire immediate cash flow, established tenants, and built in scale from day one. Perfect for investors looking to expand rapidly, streamline management, or secure a high performing rental portfolio in one transaction. This property does not have to be sold as a package it can be sold as a single sale.

Neighborhood

Tolleston

Zip code

46404

Type

Apartment for rent

Rent trends in Tolleston

3-bedroom apartments at 4138 W 20th Ave cost about 15% more than the average rent price for 3-bedroom apartments in Tolleston.

Median rents as of Aug 15 2026.

Tolleston

Gary

A table of 3-bedroom apartment rental data trends in Gary
Month	Median Rent
August 2024	$1,250
September 2024	$1,218
October 2024	$1,256
November 2024	$1,240
December 2024	$1,250
January 2025	$1,218
February 2025	$1,238
March 2025	$1,298
April 2025	$1,300
May 2025	$1,330
June 2025	$1,375
July 2025	$1,366
August 2025	$1,383
September 2025	$1,362
October 2025	$1,356
November 2025	$1,353
December 2025	$1,362
January 2026	$1,356
February 2026	$1,365
March 2026	$1,390
April 2026	$1,390
May 2026	$1,395
June 2026	$1,392
July 2026	$1,397
August 2026	$1,381

A table of 3-bedroom apartment rental data trends in Tolleston
Month	Median Rent
August 2024	$1,350
September 2024	$1,360
October 2024	$1,347
November 2024	$1,343
December 2024	$1,368
January 2025	$1,331
February 2025	$1,250
March 2025	$1,265
April 2025	$1,325
May 2025	$1,308
July 2025	$1,350
August 2025	$1,364
September 2025	$1,350
October 2025	$1,385
November 2025	$1,471
December 2025	$1,372
January 2026	$1,350
February 2026	$1,371
March 2026	$1,330
April 2026	$1,275
May 2026	$1,321
June 2026	$1,398
July 2026	$1,398
August 2026	$1,365

Affordability calculator

Can I afford to live at 4138 W 20th Ave?

Bedrooms

3 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.

The general rule of thumb is to spend around 30% or less of your income on rent.

Recommended income

$62,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $62,000 annually to afford this 3-bedrooms monthly rent price of $1,550.

For more information on rent affordability, visit our rent calculator.

Schools near 4138 W 20th Ave

Getting around Gary near 4138 W 20th Ave

Walking

4/10

Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

9/10

Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

4/10

More spots are within biking distance and some roads are cyclist-friendly.

Transit

0/10

FYI, there are little to no public transit options within walking distance.

Points of interest for 4138 W 20th Ave, Gary

Groceries

8/10

Wide variety of groceries within a short drive, including some within walking distance

Shopping

2/10

Some shops within a short drive

Cafes

2/10

Few or no cafés within a short drive

Restaurants

4/10

Variety of restaurants within a short drive

Primary schools

8/10

At least one elementary school within a 10-minute walk

High schools

2/10

At least one high school within a 30-minute walk

Parks

6/10

Moderate amount of park space nearby

Nightlife

2/10

Few or no bars within a short drive

4138 W 20th Ave4138 W 20th Ave, Gary, IN 46404, USA

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Schools near 4138 W 20th Ave

Beveridge Elementary School

Frankie Woods McCullough Academy

Woodland Child Development Center

Daniel Hale Williams Elementary School

Bethune Early Childhood Development Center

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Getting around Gary near 4138 W 20th Ave

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Primary schools

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Homes in Tolleston

4138 W 20th Ave
4138 W 20th Ave, Gary, IN 46404, USA