Hammond, IN Multifamily Properties for Sale

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Calumet City, IL East Chicago, IN Lansing, IL Chicago, IL Whiting, IN South Holland, IL Dolton, IL Gary, IN

15 properties

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Updated: Jul 15

Four-Unit Residential Income Building

4 Waltham Street, Hammond, IN 46320

$149,900

0.07 AC lot

4‑unit multifamily property with Year Built: 1914
Fully occupied 4‑unit building with immediate, stable cash flow
Available for purchase individually or as part of a four‑property investment portfolio
Portfolio option includes 3 additional fully occupied multi‑unit properties at 415 Gostlin St (Hammond, IN), 830 Wilcox St (Hammond, IN), and 3824 Parrish Ave (East Chicago, IN)

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Updated: Jul 10

Two-Unit Residential Income Property

4648 Torrence Avenue, Hammond, IN 46327

$169,900

0.10 AC lot

2‑unit property on Torrence Avenue with an open floorplan interior
Year built: 1920; forced‑air heating
Public water and public sewer connections
Includes 4 bedrooms and 2 bathrooms with a basement
Usable yard space for entertaining, gardening, or future improvements

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Two-Unit Income Property

415 Gostlin Street, Hammond, IN 46327

$169,900

0.08 AC lot

Well-maintained two-unit building is fully occupied and offered for sale in Hammond, Indiana.

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Hammond Multifamily Investment Opportunity

10-12 Waltham Street, Hammond, IN 46320

$139,900

2,808 sqft

Three-unit multifamily property in Hammond with strong rental potential.

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Updated Duplex with Two Units

10 Lawndale Street, Hammond, IN 46324

$279,900

0.15 AC lot

Turnkey two-unit duplex with updated interiors, including a main-level 2BR/1BA and an upper 2BR/2BA.

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All-Brick Two-Unit Income Duplex

540 165th Street, Hammond, IN 46324

$249,900

0.14 AC lot

All-brick duplex with two units, separate entrances, an unfinished basement, and a private parking lot for up to six vehicles.

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Duplex with New Roof

2711 164th Place, Hammond, IN 46323

$160,000

0.11 AC lot

Duplex with a new roof and existing tenant leases; features potential basement space and an exterior exit.

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Residential Duplex with Basement Potential

2711 164th Place, Hammond, IN 46323

$165,000

Duplex for sale with a new roof, long-term tenant leases, and basement options with an exterior exit.

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Two-Unit Duplex Income Property

830 Wilcox Street, Hammond, IN 46320

$209,900

0.09 AC lot

Fully occupied two-unit duplex in Hammond, available individually or as part of a four-property portfolio.

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Remodeled 2-Unit Duplex

5664 Walter Avenue, Hammond, IN 46320

$366,500

3,424 sqft 0.13 AC lot

Remodeled duplex with two nearly identical 4-bedroom, 2-bath units, each with granite counters and private ensuite.

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Hammond Multi-Unit Investment Opportunity

5537 Beall Street, Hammond, IN 46320

$165,000

Two-unit brick property in Hammond, ideal for investors or owner-occupants.

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Three-Unit Multifamily Property

10-12 Waltham Street, Hammond, IN 46320

$139,900

0.14 AC lot

Three-unit rental building with one 1-bedroom and two 2-bedroom units, offered with updates and repairs needed.

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Two-Unit Duplex Plus Rear Home

4319 Towle Avenue, Hammond, IN 46327

$410,000

0.11 AC lot

Income property on one lot with a front duplex and separate rear single-family home, with all units leased.

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Updated Two-Unit Duplex

10 Lawndale Street, Hammond, IN 46324

$269,900

Turnkey two-unit duplex with modern updates and separate layouts, offering strong rental appeal for long-term tenants.

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Two Homes on One Property

246 142nd Street, Hammond, IN 46327

$335,000

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

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 15 Active listings in Hammond, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 57 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Unit Duplex With Fenced Yard

4908 Northcote Avenue, East Chicago, IN 46312

$179,900

0.08 AC lot

Well-kept two-flat duplex with identical two-bedroom layouts, enclosed porches, fenced yard, and four off-street parking spaces.

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7-Unit Multifamily Investment

11 157th Street, Calumet City, IL 60409

$400,000

5,000 sqft

Seven-unit building with recent roof repairs and unit renovations, offering a mix of 1- and 2-bedroom residences for investors.

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Multifamily Apartment Building

11 157th Street, Calumet City, IL 60409

$400,000

Residential income property available for purchase at 11 157th Street in Calumet City, Illinois.

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Zoned R-4 Brick Duplex

4941 Northcote Avenue, East Chicago, IN 46312

$189,900

Two-unit brick duplex with walk-up attic, basement, and detached garage, offering flexible space within R-4 zoning.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

University Park Developable Land

976 Mesa Court, University Park, IL 60484

Contact for pricing

3.20 AC lot

3.2 acres with 24 concrete housing pads in University Park.

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Wooded Homesite in Wheatfield, Indiana

4418 Oakland Court, Wheatfield, IN 46392

Contact for pricing

0.57 AC lot

Spacious, wooded 0.57-acre lot in established neighborhood.

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Land For Sale, Lakemoor, IL

27 Oyster Bay, Lakemoor, IL 60051

Contact for pricing

0.12 AC lot

Commercial land available in Lakemoor, Illinois.

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Deeded RV Recreational Lot

V/L E Kissing Oaks Trail, Custer, MI 49405

$39,900

0.96 AC lot

Deeded lot with a newly excavated site, entry, and driveway, backing Manistee National Forest.

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Off-Market Properties in Hammond, IN

Consider similar Off-Market properties in Hammond, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

APARTMENT HOUSE (UNDER 5 UNITS)

1739 Rdg Rd, Munster, IN 46321-2041

Value Estimation by Request

3,045 sqft 0.39 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1048 Camellia Dr, Munster, IN 46321-3648

Value Estimation by Request

5,049 sqft 0.38 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

2129 Lincoln St, Hammond, IN 46322

Value Estimation by Request

3,264 sqft 0.10 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

2650 164th Pl, Hammond, IN 46323-1022

Value Estimation by Request

3,840 sqft 0.13 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

6306 Garfield Ave, Hammond, IN 46324-1230

Unit 4

Value Estimation by Request

3,840 sqft 0.18 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

1213 Tuckahoe Pl, Munster, IN 46321-4174

Value Estimation by Request

6,804 sqft

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APARTMENT HOUSE (UNDER 5 UNITS)

2104 Lincoln St, Hammond, IN 46322

Value Estimation by Request

5,385 sqft 0.08 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

7231 Southeastern Ave, Hammond, IN 46324-2167

Value Estimation by Request

4,572 sqft 0.17 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

247 Florence St, Hammond, IN 46324-1083

Value Estimation by Request

3,840 sqft 0.14 AC lot

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Hammond, IN Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Hammond, IN, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 2,808 square feet of properties for sale, with an estimated market value of $139,900.

Sale prices for multifamily properties in Hammond, IN start at $139,900, averaging $139,900, and reaching up to $139,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 117K

Population Growth (5Y) +1.0%

Median Household Income $68,360

College Educated 24.8%

High-Yield Neighborhoods for Investment

Identify Hammond submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
46324	$269.9K
46327	$297.5K
46320	$348.1K

Taxes & Financing

Tax Rate (average for all types) 3.82%

Property Tax per SF $41.87 per SF

Tax Rate vs County Average 0.74 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Lake County

Retail

Property Size Breakdown

The majority of commercial real estate listings in Hammond fall within the 100,000+ square foot range.

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Hammond, IN Multifamily Properties for Sale

4 Waltham Street, Hammond, IN 46320

4648 Torrence Avenue, Hammond, IN 46327

415 Gostlin Street, Hammond, IN 46327

10-12 Waltham Street, Hammond, IN 46320

10 Lawndale Street, Hammond, IN 46324

540 165th Street, Hammond, IN 46324

2711 164th Place, Hammond, IN 46323

2711 164th Place, Hammond, IN 46323

830 Wilcox Street, Hammond, IN 46320

5664 Walter Avenue, Hammond, IN 46320

5537 Beall Street, Hammond, IN 46320

10-12 Waltham Street, Hammond, IN 46320

4319 Towle Avenue, Hammond, IN 46327

10 Lawndale Street, Hammond, IN 46324

246 142nd Street, Hammond, IN 46327

Opportunities in Nearby Cities

4908 Northcote Avenue, East Chicago, IN 46312

11 157th Street, Calumet City, IL 60409

11 157th Street, Calumet City, IL 60409

4941 Northcote Avenue, East Chicago, IN 46312

Potential Development Sites for Consideration

976 Mesa Court, University Park, IL 60484

4418 Oakland Court, Wheatfield, IN 46392

27 Oyster Bay, Lakemoor, IL 60051

V/L E Kissing Oaks Trail, Custer, MI 49405

Off-Market Properties in Hammond, IN

1739 Rdg Rd, Munster, IN 46321-2041

1048 Camellia Dr, Munster, IN 46321-3648

2129 Lincoln St, Hammond, IN 46322

2650 164th Pl, Hammond, IN 46323-1022

6306 Garfield Ave, Hammond, IN 46324-1230

1213 Tuckahoe Pl, Munster, IN 46321-4174

2104 Lincoln St, Hammond, IN 46322

7231 Southeastern Ave, Hammond, IN 46324-2167

247 Florence St, Hammond, IN 46324-1083

Hammond, IN Multifamily Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Retail

Property Size Breakdown

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