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$ 450,000
Est. payment /mo
New
15 Rimbach Street Hammond, IN 46320
6 Beds
6 Baths
5,837 Sqft Lot
UPDATED:
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
