Munster, IN Multifamily Properties for Sale

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

30 properties

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Updated: Sep 5

All-Brick Side-by-Side Duplex

223 Adelaide Place, Munster, IN 46321

$199,900

864 sqft 0.09 AC lot

All‑brick side‑by‑side duplex built in 1944
Two‑car garage built in 2019
Described unit includes 2 bedrooms and 1 full bath
Hardwood flooring, basement, dining room, and deck
Windows, furnace/central air system, and roof are less than 5 years old

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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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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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See what stands out in Lake County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Local Demand available after sign in

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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Triplex with Street-Level Storefront

415 Gostlin Street, Hammond, IN 46327

$250,000

0.08 AC lot

Two occupied one-bedroom apartments accompany a commercial storefront in this mixed-use income property.

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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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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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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

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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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-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-Unit Fixer-Upper Duplex

43 Carroll St, Hammond, IN 46320

$185,000

2,744 sqft

The property includes two separate units and requires TLC.

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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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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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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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Duplex Investment Property

47 Carroll Street, Hammond, IN 46320

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

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Four-Unit Residential Income Building

38 Highland St, Hammond, IN 46320

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Four-unit building offers three parking spots behind and includes a coin-operated basement laundry.

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Three-Unit Property with Garage

5716 Calumet Ave, Hammond, IN 46320

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Income-producing residential property with a four-bedroom house, two one-bedroom apartments, basement, and additional parking.

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Munster, IN Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Munster, IN, showcased through 30 active listings on our real estate platform. These investment opportunities span a total of 33,189 square feet of properties for sale, with an estimated market value of $6,065,550.

Sale prices for multifamily properties in Munster, IN start at $139,900, averaging $288,835, 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 24K

Population Growth (5Y) +3.9%

Median Household Income $105,764

College Educated 65.4%

Taxes & Financing

Tax Rate (average for all types) 2.54%

Property Tax per SF $27.67 per SF

Tax Rate vs County Average 0.52 pp below 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 Munster fall within the 50,000 to 100,000 square foot range.

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