15 Rimbach Street, Hammond, IN 46320
Local realty services provided by:Better Homes and Gardens Real Estate Connections
Listed by: andrew page, tariq suboh
Office: ellsbury group219-200-5133
MLS#:839212
Source:Northwest Indiana AOR as distributed by MLS GRID
15 Rimbach Street,Hammond, IN 46320
$425,000
- 6 Beds
- 6 Baths
- - sq. ft.
- Multi-family
- Active
Price summary
- Price:$425,000
About this home
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.
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Home facts
- Year built:1890
- Listing ID #:839212
- Added:49 day(s) ago
- Updated:July 09, 2026 at 02:41 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:6
- Full bathrooms:6
- Kitchen Description:Gas Range, Refrigerator, Stainless Steel Appliance(s)
- Basement:Yes
- Basement Description:Basement
Structure and exterior
- Year built:1890
- Lot area:0.13 Acres
Utilities
- Water:Public
Finances and disclosures
- Price:$425,000
- Tax amount:$10,017 (2025)
Parking
- Garage:Yes
- Garage spaces:2
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