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$450,000
Est. payment /mo
6 Beds
6 Baths
5,837 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,837 sqft
Price per Sqft $77
Subdivision Drackerts Add 02
MLS Listing ID 839212
Bedrooms 6
Full Baths 6
Year Built 1890
Annual Tax Amount $10,017
Tax Year 2025
Lot Size 5,837 Sqft
Acres 0.134
Property Sub-Type Quadruplex
Property Description
We are pleased to present a compelling 6-unit multifamily investment opportunity in the established Hammond, Indiana rental market. This unique asset features a desirable unit mix of six 1-bedroom / 1-bath apartments, comprised of a 4-unit main building and a separate 2-unit coach house--offering an attractive layout for both operational flexibility and tenant appeal. The property benefits from strong demand for affordable, well-located rental housing in Northwest Indiana, making it an ideal opportunity for both seasoned investors and owner-operators seeking stable cash flow with long-term upside. Conveniently located near major highways, retail corridors, employment centers, and commuter access to Chicago, the property is well-positioned to attract and retain tenants. This is an excellent opportunity to acquire a multi unit asset with immediate income potential and future upside through continued operational optimization and rental growth.
Location
State IN
County Lake
Interior
Interior Features Other
Heating Baseboard
Fireplace N
Appliance Gas Range, Stainless Steel Appliance(s), Refrigerator, Other
Exterior
Garage Spaces 2.0
View Y/N true
View true
Building
Lot Description Other, Near Public Transit
Story Two
Others
Tax ID 450236152016000023
SqFt Source Assessor
Acceptable Financing NRA20260518181342061398000000
Listing Terms NRA20260518181342061398000000
Pets Allowed Call
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Listed by Ellsbury Group • Andrew Page
Nearby Locations
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