Four-Unit Multifamily
For Sale
Contact for pricing
Pending
5969 Park Place, Hammond, IN 46320
Unit mix combines one two-bedroom residence with three one-bedroom residences and individual heating systems.
Property SizeContact for details
Days on Market256
Property Features for 5969 Park Place
General Information
Standard status
Pending
Property subtype
Multifamily
Net Operating Income
$23,718
Building Details
Year Built
1915
Listing Agency:
Ellsbury Group
Listed By:
Andy Page · License #475204625
Source:
Crexi
Added: Dec 18, 2025
Changed: Aug 30
Last Checked: Aug 30 at 10:32AM
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 Ellsbury Group
Investment Insights
Based on property information with market context.
This four-unit multifamily building contains 3,560 square feet and was built in 1915. The configuration includes one two-bedroom, one-bath unit and three one-bedroom, one-bath units. Each residence has its own heating system, providing separate climate control across the building.
Utility responsibilities are divided between residents and ownership: tenants pay gas and electric, while the owner handles water, sewer, and trash. The property is situated on Park Place in Hammond, within Lake County, and offers access to multiple highways for regional commuting. Its four-unit layout provides a compact multifamily configuration with a clearly defined unit mix.
Utility responsibilities are divided between residents and ownership: tenants pay gas and electric, while the owner handles water, sewer, and trash. The property is situated on Park Place in Hammond, within Lake County, and offers access to multiple highways for regional commuting. Its four-unit layout provides a compact multifamily configuration with a clearly defined unit mix.
Key Highlights
- Four‑unit multifamily property with 3,560 square feet
- Unit mix: one 2‑bedroom/1‑bath unit and three 1‑bedroom/1‑bath units
- Built in 1915
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
560
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Unit mix combines one two-bedroom residence with three one-bedroom residences and individual heating systems.
Where is this quadplex located?
The property is located at 5969 Park Place Hammond, IN.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Four‑unit multifamily property with 3,560 square feet; Unit mix: one 2‑bedroom/1‑bath unit and three 1‑bedroom/1‑bath units; Built in 1915
