Residential Income

Hammond, IN Residential Income Properties for Sale

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18 properties
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Fully Occupied 4-Unit Quadplex
Updated: Jul 22
Fully Occupied 4-Unit Quadplex

4 Waltham Street, Hammond, IN 46320

$349,900
0.07 AC lot
1914‑built 4‑unit property
Fully occupied 4‑unit building
Available for purchase individually or as part of a four‑property investment portfolio
Portfolio includes 415 Gostlin St (Hammond, IN), 830 Wilcox St (Hammond, IN), and 3824 Parrish Ave (East Chicago, IN)
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Two-Unit Residential Income Building
Updated: Jul 22
Two-Unit Residential Income Building

415 Gostlin Street, Hammond, IN 46327

$250,000
0.08 AC lot
2‑unit property built in 1910
Fully occupied, with stable cash flow
Available for purchase individually or as part of a four‑property investment portfolio
Portfolio option includes three additional fully occupied multi‑unit properties: 4 Waltham St (Hammond), 830 Wilcox St (Hammond), and 3824 Parrish Ave (East Chicago)
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Fully Occupied Two-Unit Duplex
Fully Occupied Two-Unit Duplex

830 Wilcox Street, Hammond, IN 46320

$179,900
0.09 AC lot

Well-maintained, fully occupied two-unit duplex available individually or as part of a four-property portfolio.

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Brick 6-Unit Apartment Building
Brick 6-Unit Apartment Building

1104 169th Street, Hammond, IN 46324

$875,000
4,050 sqft

Six 1-bedroom units in a predominantly brick building, with a shared laundry room.

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Duplex with New Roof
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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Remodeled 2-Unit Duplex
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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Two-Unit Residential Income Property
Two-Unit Residential Income Property

4648 Torrence Avenue, Hammond, IN 46327

$169,900
0.10 AC lot

Two-unit Hammond duplex with usable yard space and a functional interior layout, offered as a project needing some updates.

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Hammond Multifamily Investment Opportunity
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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All-Brick Two-Unit Income Duplex
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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Three-Unit Multifamily Property
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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Residential Duplex with Basement Potential
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 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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Mixed-Use Property with Off-Street Parking
Mixed-Use Property with Off-Street Parking

532-34 Conkey Street, Hammond, IN 46324

Contact for pricing

Mixed-use building with vacant retail/office space, two rented residential studios, on-site laundry, and off-street parking.

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Updated Two-Unit Duplex
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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Duplex Investment Property
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
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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Two Homes on One Property
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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Tenant-Occupied Duplex Income Property
Tenant-Occupied Duplex Income Property

18 Williams Street, Hammond, IN 46320

$285,000
1,908 sqft

Well-maintained duplex with two tenant-occupied units, updated flooring, and off-street parking plus a one-car garage.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 18 Active Listings in Hammond, IN, we suggest to view alternatives - similar 54 Off-Market properties to explore as potential leads.

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)

1739 Rdg Rd, Munster, IN 46321-2041

Value Estimation by Request
3,045 sqft 0.39 AC lot
View details
1048 Camellia Dr
APARTMENT HOUSE (UNDER 5 UNITS)

1048 Camellia Dr, Munster, IN 46321-3648

Value Estimation by Request
5,049 sqft 0.38 AC lot
View details
2129 Lincoln St
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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2650 164th Pl
APARTMENT HOUSE (UNDER 5 UNITS)

2650 164th Pl, Hammond, IN 46323-1022

Value Estimation by Request
3,840 sqft 0.13 AC lot
View details
6306 Garfield Ave, Unit 4
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
View details
1213 Tuckahoe Pl
APARTMENT HOUSE (UNDER 5 UNITS)

1213 Tuckahoe Pl, Munster, IN 46321-4174

Value Estimation by Request
6,804 sqft
View details

Hammond, IN Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Hammond, IN, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 12,190 square feet of properties for sale, with an estimated market value of $4,345,800.

Sale prices for residential income properties in Hammond, IN start at $139,900, averaging $289,720, and reaching up to $875,000 — 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

Multifamily properties 17
Duplexes 12
Quadplexes 2
Triplexes 2
Apartment buildings 1

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
46323 $165K
46324 $269.9K
46327 $310K
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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