540 165th Street, Hammond, IN 46324
Local realty services provided by:Better Homes and Gardens Real Estate Connections
Listed by: ruza jevtic
Office: realty executives premier219-462-2224
MLS#:841327
Source:Northwest Indiana AOR as distributed by MLS GRID
540 165th Street,Hammond, IN 46324
$249,900
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Price summary
- Price:$249,900
About this home
Opportunity is knocking in the rapidly growing City of Hammond! This solid all-brick two-unit income property offers the perfect blend of investment potential, anyone seeking a multi family opportunity or long-term value, whether you're an investor looking to expand your portfolio or an owner-occupant ready to build equity while generating rental income. With separate entrances, a shared foyer, and privacy between units, this property provides flexibility for a variety of living and investment scenarios. The main level unit features 2 spacious bedrooms, a large eat-in kitchen with ample room for dining, a walk-in shower, and newer appliances. Upstairs, the second unit offers 1 bedroom, a full bath, also newer appliances and a generously sized eat-in kitchen, creating a comfortable and functional layout. An unfinished full basement provides abundant storage space and offers additional possibilities for future use. Outside, the private parking lot accommodates up to 6 vehicles, a valuable convenience for tenants and owners alike. Ideally located near major interstates with easy access to Chicago, public transportation, restaurants and shopping, this property offers easy access for commuters while remaining close to everything Hammond has to offer. Adding even more potential, the building was originally a commercial property and may offer the possibility of conversion back to commercial use. Properties with this level of flexibility, income potential, and location don't come around often. Whether you're looking to invest, occupy, or explore future opportunities, this is one you won't want to miss. Schedule your showing today and see firsthand all the possibilities this unique property has to offer!...
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Home facts
- Year built:1941
- Listing ID #:841327
- Added:2 day(s) ago
- Updated:June 29, 2026 at 03:08 AM
Rooms and interior
- Kitchen Description:Gas Range, Refrigerator, Stainless Steel Appliance(s)
- Basement:Yes
- Basement Description:Basement
Structure and exterior
- Year built:1941
- Lot area:0.14 Acres
Utilities
- Water:Public
Finances and disclosures
- Price:$249,900
- Tax amount:$4,100 (2025)
Parking
- Total parking spaces:6
- Parking description:Additional Parking, Off Street
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