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Hammond Multifamily Investment Opportunity
For Sale
$139,900
Pending

10-12 Waltham Street, Hammond, IN 46320

Three-unit multifamily property in Hammond with strong rental potential.

Property Size6,011 SF
Days on Market112

Property Features for 10-12 Waltham Street

General Information

Standard status Pending
Size 6,011 SF
Total Parking Spaces 3
Property subtype Residential Income / Triplex
Zoning Residential

Taxes and HOA fees

Annual Taxes $6,723

Amenities

Asphalt, Shingle
Yes
5
Carpet, Vinyl
Forced Air, Natural Gas
No
3
Full, Unfinished
13
Two
Fixer
Front Porch, Rear Porch

Building Details

Year Built 1912
Listing Agency: Weichert Realtors - Shoreline
Listed By: Joseph Burdick · License #475197006
Source: Compass
Added: May 11 Changed: Aug 25 Last Checked: Aug 29 at 2:29PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Weichert Realtors - Shoreline

Investment Insights

Based on property information with market context.

This three-unit multifamily property is located in Hammond and presents an opportunity for investors or owner-occupants. The property includes one 1-bedroom unit and two 2-bedroom units. The building requires updates and repairs. Its location provides convenient access to shopping, restaurants, schools, and major commuter routes, with public transportation and city amenities nearby. The property size is 2808 square feet.

Key Highlights

  • Multifamily property with three units offering multiple income streams
  • Strong rental potential for investors or owner‑occupants
  • Ideal for adding value and increasing cash flow through updates and repairs

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Pharmacy Gym & Fitness Center Kitchen & Bath Showroom Electrical 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.

Location Intelligence

Trade Area within ½ mile

482
Businesses Nearby

Demographics for 46320, IN

14,514
Population
6,236
Households
2.3
Avg Household Size
33
Median Age
12%
College-Educated
81%
High-School Grad
4.7 sq mi
ZIP Area
3,088
Density / Sq Mi
$35,706
Median Household Income
$24,499
Median Earnings
$853
Median Rent
$115,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Three-unit multifamily property in Hammond with strong rental potential.
Where is this triplex located?
The property is located at 10-12 Waltham Street Hammond, IN.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: Multifamily property with three units offering multiple income streams; Strong rental potential for investors or owner‑occupants; Ideal for adding value and increasing cash flow through updates and repairs
More about this property
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