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Two-Unit Duplex with Basement
For Sale
$169,900
Pending

4648 Torrence Avenue, Hammond, IN 46327

Residential Income, Hammond, IN

Property SizeContact for details
Lot Size0.10 Acres
Days on Market53

Property Features for 4648 Torrence Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 1, Bedroom 2, Basement, Bathroom 1, Bathroom 2, Bedroom 3
Pets allowed Yes
Interior features Open Floorplan
Basement Unfinished
Subdivision Hoffmans Add 03
Lot features Corner Lot
Directions Rt 41 to Chicago St., West to Torrence
Standard status Pending
APN 450225435034000023
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description HOFFMAN'S 3RD ADD. BL13 LOTS 25 & 26 EX. SE. COR. OF LOT 25 IN R/W
Tax Annual Amount 1509
Legal Description HOFFMAN'S 3RD ADD. BL13 LOTS 25 & 26 EX. SE. COR. OF LOT 25 IN R/W

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1920
Floors in Building 1
Listing Agency: McCormick Real Estate, Inc.
Listed By: Jeff McCormick · License #RB14033291
Added: Jul 10 Changed: Aug 28 Last Checked: Aug 31 at 8:06AM
MLS# 842074

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 two-unit duplex, built in 1920, offers a four-bedroom, two-bathroom configuration with a basement and open floor plan. The property requires updating, giving a buyer the opportunity to address finishes and selected improvements. Forced-air heating serves the residence, while public water and public sewer are available.

The property occupies 0.1041 acres at 4648 Torrence Avenue in Hammond, Indiana. Its location is described as minutes from the Illinois border, major commuter routes, shopping, dining, parks, and transportation. The yard provides outdoor space, and the existing layout includes separate bedroom and bathroom areas suitable for a duplex configuration.

Key Highlights

  • Two‑unit duplex with 4 bedrooms and 2 bathrooms
  • 0.1041‑acre lot at 4648 Torrence Avenue, Hammond, IN 46327
  • Basement and open floor plan

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Daycare Center Skin Care Clinic (Bike/Boat/Book/etc) Store Spa & Massage 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

2
Residential units

Location Intelligence

Trade Area within ½ mile

361
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?
Duplex - Two-unit residential property with a basement, open floor plan, forced-air heating, and public utilities.
Where is this duplex located?
The property is located at 4648 Torrence Avenue Hammond, IN.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: Two‑unit duplex with 4 bedrooms and 2 bathrooms; 0.1041‑acre lot at 4648 Torrence Avenue, Hammond, IN 46327; Basement and open floor plan
More about this property
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