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Two-Unit Duplex Plus Rear Home
For Sale
$410,000
Pending

4319 Towle Avenue, Hammond, IN 46327

Residential Income, Hammond, IN

Property SizeContact for details
Lot Size0.11 Acres
Days on Market84

Property Features for 4319 Towle Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 8
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 4, Bedroom 2, Bedroom 8, Bathroom 2, Bathroom 3, Bedroom 3, Bedroom 7, Bedroom 6, Bedroom 1, Bedroom 5, Bathroom 1
Parking features On Street
Patio and Porch features Porch
Pets allowed Size Limit
Interior features Recessed Lighting
Subdivision T E Bells Add
Lot features Few Trees, Near Public Transit
Directions Calumet Ave to 143rd St, left/South on Towle, property is on left hand side
Standard status Pending
APN 450225253008000023
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description T. E. BELLS ADD BL.2 S.1/2 LOT 8 ALL LOT 9
Tax Annual Amount 6954
Legal Description T. E. BELLS ADD BL.2 S.1/2 LOT 8 ALL LOT 9

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Water source Public

Building Details

Year built 1927
Floors in Building 2
Listing Agency: Realty Executives Premier · Realty Executives International
Listed By: Christian Medina
Added: Jun 9 Changed: Aug 26 Last Checked: Aug 30 at 11:06PM
MLS# 840387

Copyright © 2026 Greater Northwest Indiana Association of REALTORS. 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 income property is arranged as two homes on one lot, combining a front duplex with a separate rear single-family residence. The front duplex includes two oversized 3-bedroom units. The rear home features 2 bedrooms and 1 bathroom. All units are currently leased.

The property has undergone numerous improvements, including updated roofing and siding, water heaters, fresh paint, and extensive interior renovations. The first-floor duplex unit has been recently refreshed with modern finishes, and the rear home is described as completely renovated and updated.

The lot is listed at 0.111 acres. The property is located in Hammond, IN, in Lake County, near commuter rail stations and major expressways, as well as bike trails, parks, dining, and shopping. It is also described as minutes from the Illinois border, supporting convenient travel toward Chicago and surrounding suburbs.

Key Highlights

  • Two homes on one lot: front duplex with two oversized 3‑bedroom units plus a separate rear single‑family home
  • All units currently leased, providing immediate rental income for the next owner
  • Recent improvements include updated roofing, siding, and water heaters, along with fresh paint and extensive interior renovations

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Plumbing Service Barber Shop

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

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

326
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 - Income property on one lot with a front duplex and separate rear single-family home, with all units leased.
Where is this triplex located?
The property is located at 4319 Towle Avenue Hammond, IN.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Two homes on one lot: front duplex with two oversized 3‑bedroom units plus a separate rear single‑family home; All units currently leased, providing immediate rental income for the next owner; Recent improvements include updated roofing, siding, and water heaters, along with fresh paint and extensive interior renovations
More about this property
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