Four-Unit Residential Income
For Sale
Contact for pricing
Pending
38 Highland St, Hammond, IN 46320
Four-unit building offers three parking spots behind and includes a coin-operated basement laundry.
Property SizeContact for details
Days on Market148
Property Features for 38 Highland St
General Information
Standard status
Pending
Total Parking Spaces
3
Property subtype
Multifamily
Additional Details
Highway Access
Yes
Multifamily Units
4
Amenities
laundry
Listing Agency:
Penny P Properties
Listed By:
Panagiota Papadatos · License #IN RB14047437
(219) 627-1800
Source:
Crexi
Added: Apr 11
Changed: Aug 13
Last Checked: Aug 30 at 10:07PM
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 Penny P Properties
Investment Insights
Based on property information with market context.
This four-unit residential income building provides a mix of unit types, including a 3-bedroom, 1-bath unit and a studio apartment on the main floor. A 1-bedroom, 1-bath unit is located on the second floor, and an additional studio apartment is situated behind the main building. The property also includes a coin-operated laundry in the basement of the main building.
Parking includes three spots in the back, along with street parking. The building is located close to expressways and within walking distance of the Illinois Stateline, shopping, and other nearby amenities.
For buyers looking for rental income, the building’s layout supports multiple independent units across the main building and the rear studio configuration, with shared access via the main structure.
Parking includes three spots in the back, along with street parking. The building is located close to expressways and within walking distance of the Illinois Stateline, shopping, and other nearby amenities.
For buyers looking for rental income, the building’s layout supports multiple independent units across the main building and the rear studio configuration, with shared access via the main structure.
Key Highlights
- 4‑unit building with a 3‑bedroom, 1‑bath main‑floor unit, plus a main‑floor studio apartment
- Second floor features a 1‑bedroom, 1‑bath unit
- Additional studio apartment located behind the main building
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
377
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit building offers three parking spots behind and includes a coin-operated basement laundry.
Where is this quadplex located?
The property is located at 38 Highland St Hammond, IN.
What are key features of this property?
This property features: 4‑unit building with a 3‑bedroom, 1‑bath main‑floor unit, plus a main‑floor studio apartment; Second floor features a 1‑bedroom, 1‑bath unit; Additional studio apartment located behind the main building
