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Three-Unit Triplex
For Sale
Contact for pricing
Pending

1010 Hoffman St, Hammond, IN 46327

The main-level residence is larger, while two upper units provide additional rental layouts.

Property SizeContact for details
Days on Market143

Property Features for 1010 Hoffman St

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 1 x 3BR/2BA, 2 x 2BR/1BA
Multifamily Units 3

Additional Details

Cap Rate 14%
Highway Access Yes
Listing Agency: McCormick Real Estate
Listed By: Jeff & Trinity Mccormick · License #IN RB14033291
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 4:28AM

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 McCormick Real Estate

Investment Insights

Based on property information with market context.

This triplex contains three residential units with a varied bedroom and bathroom mix. The main-level unit offers 3 bedrooms and 2 baths, while each of the two upper units includes 2 bedrooms and 1 bath. All units feature living room space, and tenants are responsible for gas and electric service.

The property is located in Hammond, Indiana, near highways, schools, parks, and the Indiana-Illinois border. The estimated cap rate is 13-14%, providing a specific underwriting metric for investors evaluating the property.

Key Highlights

  • Three‑unit triplex with 3 bedrooms and 2 baths in the main‑level unit
  • Two upper units, each with 2 bedrooms and 1 bath
  • All units include living room space

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center HVAC Service Electrical Service Daycare Center

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

294
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
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Frequently Asked Questions

What type of property is this?
Triplex - The main-level residence is larger, while two upper units provide additional rental layouts.
Where is this triplex located?
The property is located at 1010 Hoffman St Hammond, IN.
What are key features of this property?
This property features: Three‑unit triplex with 3 bedrooms and 2 baths in the main‑level unit; Two upper units, each with 2 bedrooms and 1 bath; All units include living room space
(219) 613-5643 Call to check price and availability
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