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    Hammond, IN Multifamily Properties for Sale

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    East Chicago, IN Calumet City, IL Highland, IN
    9 results
    Hammond Multifamily Investment Opportunity
    $150,000
    0.14 Acres

    Hammond Multifamily Investment Opportunity

    10-12 Waltham Street, Hammond, IN 46320

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

    • Multifamily property with three units offering multiple income streams
    • Strong rental potential and ideal layout
    • Convenient location near shopping, restaurants, schools, and major commuter routes
    • Easy access to public transportation and nearby city amenities
    • Opportunity to add value and increase cash flow through updates and repairs
    Updated: May 11
    View details
    Hammond Two-Unit Rental Property
    $259,900
    0.11 Acres

    Hammond Two-Unit Rental Property

    4828 Oak Avenue, Hammond, IN 46327

    Two-unit property in Hammond, IN with stable cash flow.

    • Tenants are leased through January 2027, providing stable and predictable rental income.
    • Two‑unit property offers versatile living options and cash flow.
    • Front single‑family home features a finished basement with an additional bedroom and bath.
    • Rear building includes a two‑bedroom, one‑bath upper unit with an enclosed porch.
    • Flexible living area in the rear building with a locked door can serve multiple purposes (recreation room, home office, guest area).
    Updated: Feb 6
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    Downtown Hammond Redevelopment Opportunity
    $499,000
    41,400 SF

    Downtown Hammond Redevelopment Opportunity

    Five-story, 41,000 SF building near South Shore Train Line.

    5217 Hohman Ave, Hammond, IN 46320
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    Munster Apartment Building For Sale
    $2,499,000
    2.10 Acres

    Munster Apartment Building For Sale

    12-unit apartment building in desirable Munster location near hospitals.

    1650 45th St, Munster, IN 46321
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    Renovated Mixed-Use Building Near Train
    $775,000
    6,161 SF

    Renovated Mixed-Use Building Near Train

    Renovated mixed-use building suitable for event center or microbrewery.

    474 Fayette St, Hammond, IN 46320
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    Hammond Two-Unit Property For Sale
    $300,000

    Hammond Two-Unit Property For Sale

    Two-unit property with basement, suitable for investors or family.

    922 Summer Street, Hammond, IN 46320
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    Two Homes on One Property
    $335,000

    Two Homes on One Property

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

    246 142nd Street, Hammond, IN 46327
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    Hammond Multifamily Investment Opportunity
    $175,000
    2,808 SF

    Hammond Multifamily Investment Opportunity

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

    10-12 Waltham Street, Hammond, IN 46320
    View details
    Hammond Multi-Unit Investment Opportunity
    $199,900

    Hammond Multi-Unit Investment Opportunity

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

    5537 Beall Street, Hammond, IN 46320
    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 9 Active listings in Hammond, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 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.

    East Chicago Multifamily Income Property
    $230,000
    0.11 Acres

    East Chicago Multifamily Income Property

    Two-unit property in East Chicago with income and growth potential.

    5040 Walsh Avenue, East Chicago, IN 46312
    View details
    Calumet City Multifamily Investment Property
    $235,000

    Calumet City Multifamily Investment Property

    Four-unit building with rental potential on a double lot.

    207 155th Street, Calumet City, IL 60409
    View details
    Historic Building with Apartment Units
    $600,000
    9,700 SF

    Historic Building with Apartment Units

    Mixed-use property featuring a funeral home and six apartment units.

    248 155th Pl, Calumet City, IL 60409
    View details
    Mixed-Use Property with Business Opportunity
    $285,000

    Mixed-Use Property with Business Opportunity

    Mixed-use property featuring a store, apartments, and business potential.

    1219 W 150th Street, East Chicago, IN 46312
    View details

    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
    Contact for pricing
    3.20 Acres

    University Park Developable Land

    3.2 acres with 24 concrete housing pads in University Park.

    976 Mesa Court, University Park, IL 60484
    View details
    Wooded Homesite in Wheatfield, Indiana
    Contact for pricing
    0.57 Acres

    Wooded Homesite in Wheatfield, Indiana

    Spacious, wooded 0.57-acre lot in established neighborhood.

    4418 Oakland Court, Wheatfield, IN 46392
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    Vacant Lot in Gated Community
    Contact for pricing
    0.12 Acres

    Vacant Lot in Gated Community

    Vacant lot in gated community with many amenities for seasonal living.

    2795 E 28th Lot 1205 Road, Seneca, IL 61360
    View details
    Land For Sale, Lakemoor, IL
    Contact for pricing
    0.12 Acres

    Land For Sale, Lakemoor, IL

    Commercial land available in Lakemoor, Illinois.

    27 Oyster Bay, Lakemoor, IL 60051
    View details

    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.

    1739 Rdg Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,045 SF Lot: 0.39 Acres
    Value Estimation by Request

    1739 Rdg Rd, Munster, IN 46321-2041

    View details
    1048 Camellia Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,049 SF Lot: 0.38 Acres
    Value Estimation by Request

    1048 Camellia Dr, Munster, IN 46321-3648

    View details
    2129 Lincoln St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,264 SF Lot: 0.10 Acres
    Value Estimation by Request

    2129 Lincoln St, Hammond, IN 46322

    View details
    2650 164th Pl
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,840 SF Lot: 0.13 Acres
    Value Estimation by Request

    2650 164th Pl, Hammond, IN 46323-1022

    View details
    6306 Garfield Ave, Unit 4
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,840 SF Lot: 0.18 Acres
    Value Estimation by Request
    Unit 4

    6306 Garfield Ave, Hammond, IN 46324-1230

    View details
    1213 Tuckahoe Pl
    APARTMENT HOUSE (UNDER 5 UNITS)
    6,804 SF
    Value Estimation by Request

    1213 Tuckahoe Pl, Munster, IN 46321-4174

    View details
    2104 Lincoln St
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,385 SF Lot: 0.08 Acres
    Value Estimation by Request

    2104 Lincoln St, Hammond, IN 46322

    View details
    7231 Southeastern Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,572 SF Lot: 0.17 Acres
    Value Estimation by Request

    7231 Southeastern Ave, Hammond, IN 46324-2167

    View details
    247 Florence St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,840 SF Lot: 0.14 Acres
    Value Estimation by Request

    247 Florence St, Hammond, IN 46324-1083

    View details
    231 Doty St
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,380 SF Lot: 0.14 Acres
    Value Estimation by Request

    231 Doty St, Hammond, IN 46320-2065

    View details
    1207 Tuckahoe Pl
    APARTMENT HOUSE (UNDER 5 UNITS)
    6,804 SF
    Value Estimation by Request

    1207 Tuckahoe Pl, Munster, IN 46321-4167

    View details
    704 Carroll St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,894 SF Lot: 0.13 Acres
    Value Estimation by Request

    704 Carroll St, Hammond, IN 46320-2076

    View details
    6827 Kennedy Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,726 SF Lot: 0.14 Acres
    Value Estimation by Request

    6827 Kennedy Ave, Hammond, IN 46323-1549

    View details
    4934 Oak Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,524 SF Lot: 0.12 Acres
    Value Estimation by Request

    4934 Oak Ave, Hammond, IN 46327-1873

    View details
    1359 Brookside Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,104 SF
    Value Estimation by Request

    1359 Brookside Dr, Munster, IN 46321-4128

    View details

    Hammond, IN Multifamily Properties Investment Opportunities Market Analysis

    Explore 72 multifamily properties for sale in Hammond, IN, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 47,561 square feet of properties for sale, with an estimated market value of $1,274,000.

    Sale prices for multifamily properties in Hammond, IN start at $499,000, averaging $637,000, and reaching up to $775,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
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    Top Commercial Asset Segments

    Duplexes 4
    Apartment buildings 3
    Triplexes 2

    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    46327 $297.5K
    46320 $349.8K

    Taxes & Financing

    Tax Rate (average for all types) 3.82%
    Property Tax per SF $41.87 per sq ft
    Tax Rate vs County Average 0.74 pp above county avg
    Average Loan-to-Value 65.0%

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    • 46327
    • 46321

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