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Duplex Investment Property
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47 Carroll Street, Hammond, IN 46320

Duplex with two 4-bedroom units, each featuring two full baths and open-concept living areas.

Property SizeContact for details
Days on Market104

Property Features for 47 Carroll Street

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 2

Building Details

Year Built 2026
Listing Agency: Tajani Farhan-Rodriguez, Broker
Listed By: Tajani Farhan-Rodriguez · License #IN
Source: Crexi
Added: May 27 Changed: Aug 28 Last Checked: Sep 7 at 12:37PM

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 Tajani Farhan-Rodriguez, Broker

Investment Insights

Based on property information with market context.

This duplex offers an investor-friendly setup with two separate units, and provides the option to live in one unit while renting the other or renting both. Each unit features four bedrooms and two full bathrooms, with open-concept layouts designed for everyday living and easy layout utilization.

The kitchens include an island and pantry, and the flooring combines luxury vinyl throughout with carpet in the bedrooms. The property also notes additional income opportunities related to basement storage spaces and laundry.

Overall, it’s a straightforward residential income configuration centered on two similar unit layouts with consistent bedroom and bath counts.

Key Highlights

  • Duplex built in 2026 with two separate 4‑bedroom units
  • Each unit includes 2 full baths and open‑concept living areas
  • Each kitchen features an island and pantry

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Pharmacy Gym & Fitness Center Cafe & Coffee 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.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,039
Businesses Nearby

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

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 - Duplex with two 4-bedroom units, each featuring two full baths and open-concept living areas.
Where is this duplex located?
The property is located at 47 Carroll Street Hammond, IN.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Duplex built in 2026 with two separate 4‑bedroom units; Each unit includes 2 full baths and open‑concept living areas; Each kitchen features an island and pantry
More about this property
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