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Triplex with Street-Level Storefront
For Sale
$250,000

415 Gostlin Street, Hammond, IN 46327

Residential Income, Hammond, IN

Property SizeContact for details
Lot Size0.08 Acres
Days on Market41

Property Features for 415 Gostlin Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Subdivision No Subdivision
Middle school Henry W Eggers Middle School
High school Hammond High School
Elementary school district School City of Hammond
Middle school district School City of Hammond
High school district School City of Hammond
Directions GPS Friendly
Standard status Active
APN 450225256035000023
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Pt. Mid. Pt. S.W. Ne. ( 28 X 125 Ft ) S.25 T.37 R.10 .08Ac.
Legal Description Pt. Mid. Pt. S.W. Ne. ( 28 X 125 Ft ) S.25 T.37 R.10 .08Ac.

Building Details

Year built 1910
Number of units 3
Listing Agency: Keller Williams Indy Metro NE · Keller Williams Realty
Listed By: Grace Acquah
Added: Jul 22 Changed: Aug 28 Last Checked: Aug 31 at 12:06AM
MLS# 22115695

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1910-built triplex combines two one-bedroom residential apartments with a street-level storefront. Both apartments are occupied, providing established residential tenancy, while the commercial portion offers additional rental use within the same building. The property occupies 0.08 acres at 415 Gostlin Street in Hammond, Indiana.

The asset may be purchased individually or included with a four-property investment portfolio. The other portfolio properties are located at 4 Waltham St and 830 Wilcox St in Hammond, along with 3824 Parrish Ave in East Chicago. The building’s residential and storefront configuration supports a mixed-use ownership profile with separate components for apartment and commercial occupancy.

Key Highlights

  • Triplex configuration with two residential units and a street‑level storefront
  • Two one‑bedroom apartments are occupied
  • 0.08‑acre property at 415 Gostlin Street, Hammond, IN 46327

Property Analytics

Current Use

Lynette's Salon Hair Salon

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Daycare Center Skin Care Clinic Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

352
Businesses Nearby

Demographics for 46327, IN

11,078
Population
4,389
Households
2.5
Avg Household Size
34
Median Age
12%
College-Educated
77%
High-School Grad
4.6 sq mi
ZIP Area
2,408
Density / Sq Mi
$50,457
Median Household Income
$30,939
Median Earnings
$1,133
Median Rent
$116,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Two occupied one-bedroom apartments accompany a commercial storefront in this mixed-use income property.
Where is this triplex located?
The property is located at 415 Gostlin Street Hammond, IN.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Triplex configuration with two residential units and a street‑level storefront; Two one‑bedroom apartments are occupied; 0.08‑acre property at 415 Gostlin Street, Hammond, IN 46327
More about this property
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