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    Hammond, IN Multifamily Properties for Sale

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    24 properties
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    Five-Unit Mobile Home Park
    Updated: Sep 14
    Five-Unit Mobile Home Park

    6410 Kennedy Avenue, Hammond, IN 46323

    $175,000
    4,000 sqft 0.17 AC lot
    Five‑unit mobile home park on 0.1736 acres
    4,000 square feet; built in 1941
    Three units currently rented
    Two units have recently refreshed interiors
    One vacant pad ready for a new unit
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    Four-Unit Property with Basement
    Updated: Sep 8
    Four-Unit Property with Basement

    1424 Camellia Drive, Munster, IN 46321

    $886,000
    0.41 AC lot
    Quadplex configuration with 9 bedrooms and 5 bathrooms
    Approximately 0.413 acres at 1424 Camellia Drive
    Basement included
    Built in 1977
    Forced‑air heating with electric range, refrigerator, and microwave
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    Quadplex with Granite Counters
    Quadplex with Granite Counters

    1500 Camellia Drive, Munster, IN 46321

    $916,000
    0.54 AC lot

    Four-unit residential property with public utilities, off-street parking, balconies, and functional interior amenities.

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    See hot listings in Hammond

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Move-In-Ready Multifamily Property
    Move-In-Ready Multifamily Property

    1424 Camellia Dr, Munster, IN 46321

    $886,000
    4,428 sqft

    Multiunit configuration with functional residential layouts, comfortable bedrooms, and practical finishes.

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    Updated Brick Duplex
    Updated Brick Duplex

    4757 Catalpa Avenue, Hammond, IN 46327

    $149,950
    860 sqft 0.07 AC lot

    Brick residential income property with refreshed interiors, public utilities, and a basement.

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    All-Brick Side-by-Side Duplex
    All-Brick Side-by-Side Duplex

    223 Adelaide Place, Munster, IN 46321

    $188,900
    864 sqft 0.09 AC lot

    Two-unit residential property with refreshed interiors, updated major systems, and a newer detached garage.

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    Quadplex with Open Floorplans
    Quadplex with Open Floorplans

    1436 Camellia Drive, Munster, IN 46321

    $886,000
    0.44 AC lot

    Four-unit residential property with functional interiors, public utilities, open parking, and a balcony.

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    Multifamily Rental Property
    Multifamily Rental Property

    1500 Camellia Dr, Munster, IN 46321

    $916,000
    7,232 sqft

    The property includes multiple residential units and a maintained yard in Munster, Indiana.

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    Remodeled Duplex with Detached Garage
    Remodeled Duplex with Detached Garage

    5664 Walter Avenue, Hammond, IN 46320

    $366,500
    3,424 sqft 0.13 AC lot

    Two nearly matching units offer four bedrooms, two bathrooms, updated kitchens, and private primary suites.

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    Two-Unit Duplex with Basement
    Two-Unit Duplex with Basement

    4648 Torrence Avenue, Hammond, IN 46327

    $169,900
    0.10 AC lot

    Two-unit residential property with a basement, open floor plan, forced-air heating, and public utilities.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    1104 169th St, Hammond, IN 46324

    $695,000
    4,050 sqft

    Multifamily property with shared laundry and individual heating and cooling systems.

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    Two-Unit Duplex with Covered Porch
    Two-Unit Duplex with Covered Porch

    237 142nd Street, Hammond, IN 46327

    $229,900
    0.15 AC lot

    Separate living areas offer flexibility for an owner-occupant or households seeking distinct spaces.

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    All-Brick Duplex With Extra Lot
    All-Brick Duplex With Extra Lot

    4422 Clark Avenue, Hammond, IN 46327

    $189,900
    0.08 AC lot

    Two occupied units offer separate utilities, individual heating systems, and month-to-month tenancy.

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    5-Unit Mobile Home Park
    5-Unit Mobile Home Park

    6410 Kennedy Ave, Hammond, IN 46323

    $175,000
    4,000 sqft

    Five-unit park with three occupied units, two vacancies, and refreshed interiors prepared for new tenants.

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    Two-Unit Duplex Plus Rear Home
    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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    Apartment Building Portfolio with Renovations
    Apartment Building Portfolio with Renovations

    7027 Parrish Ave, Hammond, IN 46323

    $650,000
    5,220 sqft

    Multifamily portfolio offering renovated apartments, varied unit layouts, and individual or package acquisition options.

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    Six-Unit Mixed-Use Building
    Six-Unit Mixed-Use Building

    31-6429 Kennedy Ave, Hammond, IN 46323

    $525,000
    7,952 sqft

    Three commercial spaces and three apartments share a single property under Commercial C4 zoning.

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    Hammond Multifamily Investment Opportunity
    Hammond Multifamily Investment Opportunity

    10-12 Waltham Street, Hammond, IN 46320

    $129,900
    6,011 sqft

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

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    Multifamily Property with Yard
    Multifamily Property with Yard

    1-4-1436 Camellia Dr, Munster, IN 46321

    $886,000
    3,552 sqft

    Multi-unit residential property with functional layouts, living areas, bedrooms, and a maintained exterior.

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    All-Brick Duplex with Extra Lot
    All-Brick Duplex with Extra Lot

    4422 Clark Ave, Hammond, IN 46327

    $189,900
    2,064 sqft

    Two occupied residences feature separate utility systems and convenient access to the South Shore train station.

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    Two-Home Multifamily Property
    Two-Home Multifamily Property

    1037 Moss St, Hammond, IN 46320

    $199,900

    Two residences share one lot, combining distinct layouts with flexible occupancy options.

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    Turnkey Four-Unit Multifamily Property
    Turnkey Four-Unit Multifamily Property

    1436 Camellia Dr Unit 1-4, Munster, IN 46321

    $886,000

    Move-in ready units feature functional layouts and practical finishes.

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    Two-Unit Duplex with Basement
    Two-Unit Duplex with Basement

    1313 Field St, Hammond, IN 46320

    $210,000

    Each unit includes two bedrooms, living and dining areas, and an eat-in kitchen.

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    Duplex Investment Property
    Duplex Investment Property

    47 Carroll Street, Hammond, IN 46320

    Contact for pricing

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

    View details
    Not finding what you need? Try buying leads tailored to your intent and find the right opportunities before everyone else. Get Leads
    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 24 Active Listings in Hammond, IN, we suggest to view alternatives - similar 48 Off-Market properties to explore as potential leads.

    Hammond, IN Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Hammond, IN, showcased through 24 active listings on our real estate platform. These investment opportunities span a total of 53,657 square feet of properties for sale, with an estimated market value of $10,916,750.

    Sale prices for multifamily properties in Hammond, IN start at $129,900, averaging $474,641, and reaching up to $916,000 — 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

    Duplexes 10
    Quadplexes 3
    Triplexes 3
    Apartment buildings 2
    Mobile home & RV parks 2

    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
    46327 $223.3K
    46320 $229.1K
    46323 $387.5K
    46324 $695K

    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)

    Property Size Breakdown

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

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Hammond, IN

    • 46321
    • 46327
    • 46320
    • 46323
    • 46324
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