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Mark Keene

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

$ 924,000

Est. payment | -/mo

6,048 SqFt

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$ 924,000

Est. payment | -/mo

Save

6,048 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,048 sqft

Price per Sqft $152

Subdivision Forestdale

MLS Listing ID 840017

Year Built 1951

Annual Tax Amount $12,414

Tax Year 2025

Lot Size 10,890 Sqft

Property Sub-Type Multi Family

Property Description

This property located in the highly desirable South Hammond submarket and presents an excellent opportunity to acquire a well-positioned 10-unit multifamily asset just minutes from the Hammond campus of Purdue University Northwest. The property is situated in a stable rental corridor with consistent housing demand driven by students, faculty, local employers, and commuters. The property's proximity to Purdue University Northwest provides a strong tenant base and long-term occupancy potential, while convenient access to major highways including I-80/94 and Indianapolis Boulevard offers an easy commute throughout Northwest Indiana and the greater Chicago metropolitan area. Investors will appreciate the combination of scale, location, and value-add potential in one of Hammond's most established neighborhoods. With multifamily inventory in this area remaining limited, this property offers the opportunity to capitalize on durable rental demand and strong long-term cash flow potential. Whether you're seeking to expand an existing portfolio or acquire a strategically located multifamily investment this property represents a compelling opportunity in a growing Northwest Indiana market.

Location

State IN

County Lake

Rooms

Basement Other, Storage Space

Interior

Heating Baseboard

Cooling Other

Flooring Carpet, Vinyl

Fireplace No

Exterior

Parking Features Alley Access, On Street

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

Roof Type Shingle

Building

Story 2

Structure Type Other

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

6803 Schneider Avenue Hammond, IN 46323

Mark Keene

Key Details

Location

Rooms

Interior

Exterior

Building

Others

6803 Schneider Avenue