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$ 924,000
Est. payment /mo
Price Dropped by $25K
6803 Schneider Avenue Hammond, IN 46323
6,048 SqFt
UPDATED:
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
