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3-Unit Multifamily Property
For Sale
$139,900

10-12 Waltham Street, Hammond, IN 46320

MULTI_FAMILY - Hammond, IN

Property SizeContact for details
Lot Size0.14 Acres
Days on Market93

Property Features for 10-12 Waltham Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning description Residential
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 5, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 4, Bathroom 3, Bedroom 2, Bedroom 1, Basement
Parking 3
Patio and Porch features Porch
Basement Unfinished, Full
Subdivision Homewood
Lot features Near Public Transit
Elementary school district Hammond
Middle school district Hammond
High school district Hammond
Directions Hohman Ave. North from 165th St. to Waltham, West to property.
Standard status Active
APN 450601152004000023
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description HOMEWOOD ADD. E. 11 FT. L.39 BL.6 ALL L.40 BL.6 14 FT. VAC. ALLEY BET. LOTS 40 & 41 BL.6
Tax Annual Amount 6723
Legal Description HOMEWOOD ADD. E. 11 FT. L.39 BL.6 ALL L.40 BL.6 14 FT. VAC. ALLEY BET. LOTS 40 & 41 BL.6

Utilities

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

Building Details

Year built 1912
Floors in Building 2
Listing Agency: Weichert Realtors - Shoreline
Listed By: Joseph Burdick · License #475197006
Added: May 11 Changed: Aug 5 Last Checked: Aug 11 at 12:06PM
MLS# 838690

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 1912 multifamily property in Hammond contains three residential units: one one-bedroom apartment and two two-bedroom apartments. The building includes three bathrooms, a basement, and a porch, with natural gas and forced-air heating. Public water and public sewer serve the property. The structure requires updating and repairs, creating a renovation component for an owner or buyer evaluating the asset’s existing configuration.

The property is located at 10-12 Waltham Street in Hammond, within Lake County and postal code 46320. Its 0.138-acre parcel places the multifamily improvements in an established residential setting. Shopping, restaurants, schools, major commuter routes, public transportation, and city amenities are identified in the surrounding area.

Key Highlights

  • Three‑unit layout with one 1‑bedroom unit and two 2‑bedroom units
  • 1912 construction on a 0.138‑acre parcel
  • Three bathrooms plus a basement and porch

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.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

605
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
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Frequently Asked Questions

What type of property is this?
Triplex - Multifamily building with varied unit layouts, a basement, porch, and public utilities in Hammond.
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: Three‑unit layout with one 1‑bedroom unit and two 2‑bedroom units; 1912 construction on a 0.138‑acre parcel; Three bathrooms plus a basement and porch
More about this property
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