15 Rimbach Street, Hammond, IN 46320
15 Rimbach Street, Hammond, IN 46320
15 Rimbach Street, Hammond, IN 46320
31
See all 31 photos
$425,000
Est. payment /mo
Save
6 Beds
6 Baths
5,837 Sqft Lot
Price Dropped by $25K

15 Rimbach Street Hammond, IN 46320

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Dennis & Karen

Dennis & Karen

+1(219) 213-3346

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Drackerts Add 02

MLS Listing ID 839212

Bedrooms 6

Full Baths 6

Year Built 1890

Annual Tax Amount $10,017

Tax Year 2025

Lot Size 5,837 Sqft

Property Sub-Type Quadruplex

Property Description

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.

Location

State IN

County Lake

Rooms

Basement Unfinished

Interior

Interior Features Other

Heating Baseboard

Cooling Individual Units

Fireplace No

Appliance Gas Range, Stainless Steel Appliance(s), Refrigerator, Other

Exterior

Garage Spaces 2.0

Utilities Available Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected

Building

Lot Description Other, Near Public Transit

Others

Acceptable Financing Cash, Other, Conventional

Listing Terms Cash, Other, Conventional

Listed by Ellsbury Group

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Dennis & Karen

Dennis & Karen

Agent

+1(219) 213-3346

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from The Dennis Scherer Real Estate Team - Realty Executives Premier, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

15 Rimbach Street

FIND YOUR NEW HOME WITH

THE DENNIS SCHERER 

REAL ESTATE TEAM