4104 Hohman Ave, Hammond, IN

Name: 4104 Hohman Ave, For Sale in Hammond - Zoocasa
Brand: Ellsbury Group
SKU: 846781
Price: 649000 USD

House

For Sale

Listed price in listed location currency (USD).

$649,000

0012

MLS® 846781

Overview

Key Facts

Type Multi Family

Levels Commercial Sale

Size 4017 sqft

Garage Yes

Taxes $11,746

Days Active 5

Lot Size 0.48 Acres

Approx. Age 1970

Avg. Price Per Sqft $161

MLS® Number 846781

Property Address: 4104 Hohman Ave, Hammond, IN, 46327-1253

Average square foot calculated using Size range provided by listing agent.

Description

This offering presents an excellent opportunity to acquire a well-maintained eight-unit multifamily property located in the North Hammond, Indiana submarket. The property features a desirable unit mix consisting of six spacious one-bedroom, one-bath apartments and two studio apartments, appealing to a broad tenant base while providing investors with consistent rental income potential. Six of the eight units have been recently updated with modern interior finishes, significantly reducing near-term capital expenditure requirements while offering additional value-add potential through renovations to the remaining two units. Conveniently situated near major highways, employment centers, shopping, and the Illinois state line, the property benefits from North Hammond's strategic location and accessibility to the greater Chicagoland area. The area's affordability relative to neighboring Illinois communities continues to support rental demand and attract residents seeking quality housing at competitive rates. This property offers investors an attractive combination of in-place cash flow, recent improvements, and additional upside through continued rent optimization and targeted renovations. Whether seeking to expand an existing multifamily portfolio or acquire a stabilized investment with value-add potential, this eight-unit property represents a compelling opportunity in the Northwest Indiana market.

MLS® Number846781

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1970

Basement

DrivewayDriveway, Garage Faces Rear

Garage Spaces

HeatOther

A/C

Extras

Map

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