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Two Homes on One Property
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246 142nd Street, Hammond, IN 46327

Unique property featuring two homes, ideal for investment or related living.

Property SizeContact for details
Days on Market209

Property Features for 246 142nd Street

General Information

Standard status Active
Property subtype Multifamily

Building Details

Year Built 1886
Listing Agency: Advanced Real Estate, LLC
Listed By: Richard Tokarz · License #IN
Source: Crexi
Added: Feb 4 Changed: Aug 31 Last Checked: Jul 21 at 9:37AM

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 Advanced Real Estate, LLC

Investment Insights

Based on property information with market context.

This property features two homes on one lot, suitable for related living or investment. The front home includes 5 bedrooms and 3 full bathrooms. It has been fully remodeled with new windows and a new roof. The back home offers 1 bedroom, 1 full bathroom, and 2 bonus rooms, suitable for a home office, guest space, or hobby area.

Key Highlights

  • Two Homes on One Property: Ideal for related living or investment.
  • Front Home: Boasts 5 bedrooms and 3 full bathrooms.
  • Front Home: Fully remodeled with brand‑new windows and a new roof.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Plumbing Service Barber Shop

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

292
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Unique property featuring two homes, ideal for investment or related living.
Where is this duplex located?
The property is located at 246 142nd Street Hammond, IN.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Two Homes on One Property: Ideal for related living or investment.; Front Home: Boasts 5 bedrooms and 3 full bathrooms.; Front Home: Fully remodeled with brand‑new windows and a new roof.
(219) 628-5883 Call to check price and availability
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