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    Hammond, IN Apartment Buildings for Sale

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    East Chicago, IN Calumet City, IL Highland, IN
    Downtown Hammond Redevelopment Opportunity
    $499,000
    41,400 SF

    Downtown Hammond Redevelopment Opportunity

    5217 Hohman Ave, Hammond, IN 46320

    Five-story, 41,000 SF building near South Shore Train Line.

    • Prime redevelopment opportunity in rapidly redeveloping Downtown Hammond.
    • Convenient access to the newly constructed South Shore Train Line.
    • Large, five‑story building with approximately 41,000sf of space.
    • Zoned C‑3, allowing for flexible use as office or apartment spaces.
    • Ground floor offers potential for retail conversion.
    Updated: Apr 8
    View details
    Munster Apartment Building For Sale
    $2,499,000
    2.10 Acres

    Munster Apartment Building For Sale

    1650 45th St, Munster, IN 46321

    12-unit apartment building in desirable Munster location near hospitals.

    • Desirable Munster location on 45th Street.
    • Features 12 rental units.
    • Close proximity to 2 hospitals.
    • Located between Indianapolis Blvd and Calumet Ave.
    • Building under same ownership for 50 years.
    Updated: Oct 1, 2025
    View details
    Renovated Mixed-Use Building Near Train
    $775,000
    6,161 SF

    Renovated Mixed-Use Building Near Train

    Renovated mixed-use building suitable for event center or microbrewery.

    474 Fayette St, Hammond, IN 46320
    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 3 Active listings in Hammond, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Rehabbed 6-Unit Apartment Building
    $725,000

    Rehabbed 6-Unit Apartment Building

    Turnkey investment opportunity with renovated units and new roof.

    3069 BERNICE Road, Lansing, IL 60438
    View details
    Well-Maintained 12-Unit Apartment Building
    $799,996

    Well-Maintained 12-Unit Apartment Building

    12-unit apartment building near Illinois-Indiana border with income potential.

    Calumet City, IL 60409
    View details
    Historic Building with Apartment Units
    $600,000
    9,700 SF

    Historic Building with Apartment Units

    Mixed-use property featuring a funeral home and six apartment units.

    248 155th Pl, Calumet City, IL 60409
    View details
    Rehabbed Six-Unit Apartment Building
    $750,000

    Rehabbed Six-Unit Apartment Building

    Turnkey investment opportunity with renovated units and new roof.

    3069 BERNICE Road, Lansing, IL 60438
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Development Land, Springfield MO
    $2,850,000
    29.20 Acres

    Prime Development Land, Springfield MO

    29.2 acres of retail-zoned land for mixed-use development.

    N West Bypass, Springfield, MO 65802
    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres

    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806
    View details
    Land Near Shepherd University
    $650,000
    3.70 Acres

    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443
    View details
    Greenville Development Opportunity: 1.33 Acres
    $699,900
    1.33 Acres

    Greenville Development Opportunity: 1.33 Acres

    1.33 acre parcel suitable for multi-family development near downtown.

    71 Salters Road, Greenville, SC 29607
    View details

    Off-Market Properties in Hammond, IN

    Consider similar Off-Market properties in Hammond, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1739 Rdg Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,045 SF Lot: 0.39 Acres
    Value Estimation by Request

    1739 Rdg Rd, Munster, IN 46321-2041

    View details
    1048 Camellia Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,049 SF Lot: 0.38 Acres
    Value Estimation by Request

    1048 Camellia Dr, Munster, IN 46321-3648

    View details
    2129 Lincoln St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,264 SF Lot: 0.10 Acres
    Value Estimation by Request

    2129 Lincoln St, Hammond, IN 46322

    View details
    2650 164th Pl
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,840 SF Lot: 0.13 Acres
    Value Estimation by Request

    2650 164th Pl, Hammond, IN 46323-1022

    View details
    6306 Garfield Ave, Unit 4
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,840 SF Lot: 0.18 Acres
    Value Estimation by Request
    Unit 4

    6306 Garfield Ave, Hammond, IN 46324-1230

    View details
    1213 Tuckahoe Pl
    APARTMENT HOUSE (UNDER 5 UNITS)
    6,804 SF
    Value Estimation by Request

    1213 Tuckahoe Pl, Munster, IN 46321-4174

    View details
    2104 Lincoln St
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,385 SF Lot: 0.08 Acres
    Value Estimation by Request

    2104 Lincoln St, Hammond, IN 46322

    View details
    7231 Southeastern Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,572 SF Lot: 0.17 Acres
    Value Estimation by Request

    7231 Southeastern Ave, Hammond, IN 46324-2167

    View details
    247 Florence St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,840 SF Lot: 0.14 Acres
    Value Estimation by Request

    247 Florence St, Hammond, IN 46324-1083

    View details
    231 Doty St
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,380 SF Lot: 0.14 Acres
    Value Estimation by Request

    231 Doty St, Hammond, IN 46320-2065

    View details
    1207 Tuckahoe Pl
    APARTMENT HOUSE (UNDER 5 UNITS)
    6,804 SF
    Value Estimation by Request

    1207 Tuckahoe Pl, Munster, IN 46321-4167

    View details
    704 Carroll St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,894 SF Lot: 0.13 Acres
    Value Estimation by Request

    704 Carroll St, Hammond, IN 46320-2076

    View details
    6827 Kennedy Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,726 SF Lot: 0.14 Acres
    Value Estimation by Request

    6827 Kennedy Ave, Hammond, IN 46323-1549

    View details
    4934 Oak Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,524 SF Lot: 0.12 Acres
    Value Estimation by Request

    4934 Oak Ave, Hammond, IN 46327-1873

    View details
    1359 Brookside Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,104 SF
    Value Estimation by Request

    1359 Brookside Dr, Munster, IN 46321-4128

    View details
    1405 Brookside Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    6,788 SF
    Value Estimation by Request

    1405 Brookside Dr, Munster, IN 46321-4127

    View details
    1331 Brookside Dr, Unit 3
    APARTMENT HOUSE (UNDER 5 UNITS)
    6,788 SF
    Value Estimation by Request
    Unit 3

    1331 Brookside Dr, Munster, IN 46321-4135

    View details
    1419 Truman St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,478 SF Lot: 0.10 Acres
    Value Estimation by Request

    1419 Truman St, Hammond, IN 46320-1436

    View details
    1229 Tuckahoe Pl
    APARTMENT HOUSE (UNDER 5 UNITS)
    6,572 SF
    Value Estimation by Request

    1229 Tuckahoe Pl, Munster, IN 46321-4163

    View details
    4208 Wabash Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,970 SF Lot: 0.23 Acres
    Value Estimation by Request

    4208 Wabash Ave, Hammond, IN 46327-1283

    View details
    1040 Camellia Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,049 SF Lot: 0.38 Acres
    Value Estimation by Request

    1040 Camellia Dr, Munster, IN 46321-3646

    View details

    Hammond, IN Apartment Buildings Investment Opportunities Market Analysis

    Explore 72 apartment buildings for sale in Hammond, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 47,561 square feet of properties for sale, with an estimated market value of $1,274,000.

    Sale prices for two-family homes in Hammond, IN start at $499,000, averaging $637,000, and reaching up to $775,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Property Size Breakdown

    The majority of commercial real estate listings in Hammond fall within the 100,000+ square foot range.

    Demographics Overview

    Population 117K
    Population Growth (5Y) +1.0%
    Median Household Income $68,360
    College Educated 24.8%

    High-Yield Neighborhoods for Investment

    Identify Hammond submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    46320 $637K

    Taxes & Financing

    Tax Rate (average for all types) 3.82%
    Property Tax per SF $41.87 per sq ft
    Tax Rate vs County Average 0.74 pp above county avg
    Average Loan-to-Value 65.0%

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    Most Searched ZIP Codes in Hammond, IN

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