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Mark Keene

mhkeene60@gmail.com +1(219) 292-3704

$ 450,000

Est. payment | -/mo

6 Beds

6 Baths

5,837 Sqft Lot

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$ 450,000

Est. payment | -/mo

Save

6 Beds

6 Baths

5,837 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Drackerts Add 02

MLS Listing ID 839212

Bedrooms 6

Full Baths 6

Year Built 1890

Annual Tax Amount $10,017

Tax Year 2025

Lot Size 5,837 Sqft

Property Sub-Type Quadruplex

Property Description

We are pleased to present a compelling 6-unit multifamily investment opportunity in the established Hammond, Indiana rental market. This unique asset features a desirable unit mix of six 1-bedroom / 1-bath apartments, comprised of a 4-unit main building and a separate 2-unit coach house--offering an attractive layout for both operational flexibility and tenant appeal. The property benefits from strong demand for affordable, well-located rental housing in Northwest Indiana, making it an ideal opportunity for both seasoned investors and owner-operators seeking stable cash flow with long-term upside. Conveniently located near major highways, retail corridors, employment centers, and commuter access to Chicago, the property is well-positioned to attract and retain tenants. This is an excellent opportunity to acquire a multi unit asset with immediate income potential and future upside through continued operational optimization and rental growth.

Location

State IN

County Lake

Rooms

Basement Unfinished

Interior

Interior Features Other

Heating Baseboard

Cooling Individual Units

Fireplace No

Appliance Gas Range, Stainless Steel Appliance(s), Refrigerator, Other

Exterior

Garage Spaces 2.0

Utilities Available Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected

Building

Lot Description Other, Near Public Transit

Others

Acceptable Financing Cash, Other, Conventional

Listing Terms Cash, Other, Conventional

Listed by Ellsbury Group

Nearby Locations

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Mark Keene

Managing Broker | License ID: RB18001895

mhkeene60@gmail.com

+1(219) 292-3704

3709 Broadway #2, Gary, IN, 46409

15 Rimbach Street Hammond, IN 46320

Mark Keene

Key Details

Location

Rooms

Interior

Exterior

Building

Others

15 Rimbach Street