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    Hammond, IN Residential Income Properties for Sale

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    Calumet City, IL East Chicago, IN Highland, IN
    10 listings
    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.
    • 3‑unit multifamily in Hammond with one 1‑bedroom unit and two 2‑bedroom units
    • Year built 1912 house with public utilities including public water and public sewer
    • Heating: natural gas forced air
    • Includes a porch and a basement
    • Tenants access bathroom and bedroom count: 5 bedrooms and 3 bathrooms (Bedroom 1‑5, Bathroom 1‑3)
    Updated: May 11
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    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.
    • Two‑unit rental property in Hammond, IN with both units fully occupied
    • Tenants are leased through January 2027 for predictable rental income
    • Front single‑family home includes open living/dining, spacious kitchen, and a finished basement with added bedroom and bath
    • Rear building has a two‑bedroom, one‑bath upper unit with an enclosed porch
    • Main level rear building features a flexible living area with its own locked door for privacy and versatility
    Updated: Feb 6
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    Two Homes on One Property
    $335,000
    0.21 Acres
    Two Homes on One Property

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

    246 142nd Street, Hammond, IN 46327

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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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    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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    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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    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

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    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

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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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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 10 Active listings in Hammond, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 62 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.

    Multifamily Apartment Building
    $400,000
    Multifamily Apartment Building

    Residential income property available for purchase at 11 157th Street in Calumet City, Illinois.

    11 157th Street, Calumet City, IL 60409

    View details
    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

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    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
    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

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    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.

    Hammond Vacant Lot Opportunity
    Contact for pricing
    0.11 Acres
    Hammond Vacant Lot Opportunity

    Vacant lot in Hammond's resurgent corridor, ready for development.

    861 Wilcox Street, Hammond, IN 46320

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    Hammond Vacant Lot Opportunity
    Contact for pricing
    0.11 Acres
    Hammond Vacant Lot Opportunity

    Vacant lot in Hammond's revitalizing corridor, ideal for development.

    1019 Cleveland Street, Hammond, IN 46320

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    Vacant Lot in Calumet City
    Contact for pricing
    Vacant Lot in Calumet City

    Priced vacant lot with excellent potential in Calumet City.

    531 156th Street, Calumet City, IL 60409

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    Hammond, IN Vacant Land
    Contact for pricing
    0.19 Acres
    Hammond, IN Vacant Land

    Vacant corner double lot suitable for single-family or duplex.

    4304 Dearborn Avenue, Hammond, IN 46327

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    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

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    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

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    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

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    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

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    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

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

    1213 Tuckahoe Pl, Munster, IN 46321-4174

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    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

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    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

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    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

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    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

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    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

    Hammond, IN Residential Income Properties Investment Opportunities Market Analysis

    Explore 72 residential income properties for sale in Hammond, IN, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 50,369 square feet of properties for sale, with an estimated market value of $1,449,000.

    Sale prices for residential income properties in Hammond, IN start at $175,000, averaging $483,000, 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.

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    Top Commercial Asset Segments

    Multifamily properties 9
    Duplexes 4
    Apartment buildings 3
    Triplexes 2
    Single family properties 1

    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 $310K
    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%

    Listings Trend

    Total CRE Area on Market Trend

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    Most Searched ZIP Codes in Hammond, IN

    • 46320
    • 46327
    • 46321

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