4104 Hohman Avenue

Hammond, IN 46327

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.

Listing courtesy of Andrew Page of Ellsbury Group andypage201@yahoo.com as distributed by MLS GRID



Listing information is provided by Participants of the Greater Northwest Indiana Association of REALTORS MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Greater Northwest Indiana Association of REALTORS MLS.

Based on information submitted to the MLS GRID as of 2026-10-16 01:24 AM UTC. 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.