Hammond, IN Multifamily Properties for Sale

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44 properties

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Updated: Aug 25

Updated Brick Duplex

4757 Catalpa Avenue, Hammond, IN 46327

$149,950

860 sqft 0.07 AC lot

Brick duplex built in 1952
860 square feet on a 0.066‑acre lot
Two bedrooms, one bathroom, kitchen, and basement
Refinished hardwood floors and vinyl replacement windows
Kitchen updated with granite counters and stainless steel appliances

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Updated: Jul 22

Triplex with Street-Level Storefront

415 Gostlin Street, Hammond, IN 46327

$250,000

0.08 AC lot

Triplex configuration with two residential units and a street‑level storefront
Two one‑bedroom apartments are occupied
0.08‑acre property at 415 Gostlin Street, Hammond, IN 46327
Built in 1910
Available individually or as part of a four‑property portfolio

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Fully Occupied Quadplex

4 Waltham Street, Hammond, IN 46320

$349,900

0.07 AC lot

All residential units are leased, providing an operating multifamily property in Hammond.

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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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Occupied Duplex with Basement

830 Wilcox Street, Hammond, IN 46320

$179,900

0.09 AC lot

Fully occupied two-unit property with basement space and a residential income configuration.

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Two-Unit Duplex with Basement

43 Carroll Street, Hammond, IN 46320

$185,000

0.14 AC lot

Fixer-upper duplex with a basement, garage parking, and public utilities in Hammond.

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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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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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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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Three-Unit Multifamily Property

10-12 Waltham Street, Hammond, IN 46320

$139,900

0.14 AC lot

The building contains a one-bedroom residence and two two-bedroom residences, with public water and sewer service.

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Six-Unit Mixed-Use Building

31-6429 Kennedy Ave, Hammond, IN 46323

$550,000

7,952 sqft

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

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Duplex with New Roof

2711 164th Place, Hammond, IN 46323

$160,000

0.11 AC lot

Two-unit residential property with month-to-month occupancy, a basement with exterior access, and public utilities.

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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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Two-Home Multifamily Property

1037 Moss St, Hammond, IN 46320

$199,900

2,075 sqft

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

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Three-Building Mixed-Use Property

6850 Calumet Ave, Hammond, IN 46324

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10,227 sqft 0.71 AC lot

Retail and residential components occupy a signalized corner with on-site parking and monument signage.

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Hammond Multifamily Investment Opportunity

10-12 Waltham Street, Hammond, IN 46320

$139,900

6,011 sqft

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

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Well-Maintained Duplex Investment

4643 Johnson ave, Hammond, IN 46327

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0.11 AC lot

Duplex with two 1-bedroom, 1-bath units and tenant-paid utilities, built in 1941 in Hammond, Indiana.

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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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Brick Ranch Apartment Building

851 150th St, Hammond, IN 46327

$495,000

Five-unit property with a one-bedroom and two-bedroom mix, resident-paid gas and electric, and on-site coin laundry.

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Single-Story Duplex

446 Detroit Street, Hammond, IN 46320

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Fully leased two-unit property with separate one-bedroom, one-bath residences.

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2-Unit Duplex with Full Basement

4726 Cameron Avenue, Hammond, IN 46327

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Two-bedroom units and a full basement support flexible residential income use.

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2-Unit Duplex with Redevelopment Potential

913 Conkey Street, Hammond, IN 46320

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Upper residence includes three bedrooms, two bathrooms, and an open-concept layout, while the lower level awaits renovation.

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Tenant-Occupied Duplex

16 Williams St, Hammond, IN 46320

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Two units offer distinct bedroom configurations, updated flooring, off-street parking, and a one-car garage.

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5-Unit Apartment Building

428 Kenwood Street, Hammond, IN 46324

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Five-unit building with four occupied apartments and a recently remodeled, city-approved basement unit.

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Hammond, IN Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Hammond, IN, showcased through 44 active listings on our real estate platform. These investment opportunities span a total of 39,819 square feet of properties for sale, with an estimated market value of $5,300,850.

Sale prices for multifamily properties in Hammond, IN start at $139,900, averaging $311,814, and reaching up to $695,000 — 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

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
46320	$221.4K
46327	$295K
46323	$453.3K
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)

Average Property Price per SF

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

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Property Size Breakdown

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

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