15 Rimbach Street, Hammond, IN 46320

Hammond
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
  • Pending

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
  • Subdivision & Development:Drackerts Add 02
  • Listing ID #:839212
  • Added:98 day(s) ago
  • Updated:August 27, 2026 at 08:09 AM

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
Based on information submitted to the MLS GRID as of August 27, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

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