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Mixed-Use Retail and Apartment Building
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6429-6431 Kennedy Avenue 1, Hammond, IN 46323

Commercial C4 zoned building with front retail space, a rear commercial unit, and multiple residential apartments plus a 3-car garage.

Property SizeContact for details
Days on Market109

Property Features for 6429-6431 Kennedy Avenue 1

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Mixed Use, Retail, Industrial, Office
Zoning C4

Additional Details

Multifamily Units 3

Building Details

Tenancy Multi
Listing Agency: Homes on Demand Realty
Listed By: Alejandrina Perez · License #RB14039630
Source: Crexi
Added: Apr 24 Changed: Aug 8 Last Checked: Jul 23 at 6:14AM

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 Homes on Demand Realty

Investment Insights

Based on property information with market context.

This mixed-use property consists of 6 total units combined with a 3-car garage. The commercial portion includes front retail units and a rear commercial unit that is currently operating with a beauty salon, Herbalife retail, and a drift retail store. The residential portion offers two spacious 2-bedroom apartments and one studio apartment.

Per the provided information, the property is zoned Commercial C4. The 3-car garage is listed as generating separate rental income for additional revenue.

Overall, the building provides a combined retail and residential setup within a commercial zoning classification, with the garage offered as a separately rentable improvement.

Key Highlights

  • 6‑unit mixed‑use building with front retail, a rear commercial unit, and 3 residential apartments
  • Commercial C4 zoning—described as suitable for almost any type of business
  • Front retail units offer high‑visibility frontage; rear unit currently operates as a beauty salon and retail stores

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Parking Lot & Garage Gym & Fitness Center Skin Care Clinic

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

325
Businesses Nearby

Demographics for 46323, IN

22,510
Population
8,955
Households
2.5
Avg Household Size
35
Median Age
15%
College-Educated
85%
High-School Grad
6.2 sq mi
ZIP Area
3,631
Density / Sq Mi
$56,906
Median Household Income
$35,292
Median Earnings
$1,189
Median Rent
$149,200
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?
Apartment building - Commercial C4 zoned building with front retail space, a rear commercial unit, and multiple residential apartments plus a 3-car garage.
Where is this apartment building located?
The property is located at 6429-6431 Kennedy Avenue 1 Hammond, IN.
What are key features of this property?
This property features: 6‑unit mixed‑use building with front retail, a rear commercial unit, and 3 residential apartments; Commercial C4 zoning—described as suitable for almost any type of business; Front retail units offer high‑visibility frontage; rear unit currently operates as a beauty salon and retail stores
More about this property
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