$390,000
$425,000
8.2%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
6 Baths
5,837 SqFt
SOLD DATE : 10/28/2026
Key Details
Sold Price $390,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,837 sqft
Price per Sqft $66
Subdivision Drackerts Add 02
MLS Listing ID 839212
Sold Date 10/28/26
Bedrooms 6
Full Baths 6
HOA Y/N No
Year Built 1890
Annual Tax Amount $10,017
Tax Year 2025
Lot Size 5,837 Sqft
Acres 0.134
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
Fireplace N
Appliance Gas Range, Stainless Steel Appliance(s), Refrigerator, Other
Exterior
Garage Spaces 2.0
View Y/N true
View Neighborhood
Building
Lot Description Other, Near Public Transit
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Others
Tax ID 450236152016000023
SqFt Source Assessor
Acceptable Financing NRA20260518181342061398000000
Listing Terms NRA20260518181342061398000000
Financing Seller Financing
Pets Allowed Call
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