This turnkey rental property offers five 2-bedroom units in a high demand rental market close to downtown Hammond. With low maintenance requirements and upside for rent increases, this property is ideal for an investor seeking great cash flow.
Closed
$695,000
4220 Hohman Ave, Hammond, IN 46327
10beds
--sqft
Apartment
Built in 1950
-- sqft lot
$713,900 Zestimate®
$--/sqft
$1,686 Estimated rent
Home value
$713,900
$650,000 - $785,000
$1,686/mo
Zestimate® history
Owner options
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$1,686/mo
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$1,686/mo
Rent Zestimate®
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$4,347/mo
Est. payment
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$4,347/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Andrew Page,
Ellsbury Group 219-200-5133
Bought with:
Fernando Alanis, RB20001710
Listing Leaders Northwest
Source: NIRA as distributed by MLS GRID,MLS#: 820591
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Forced Air
Appliances
- Included: Other
Features
- Other
- Has fireplace: No
Interior area
- Finished area above ground: 6,404
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 4
Features
- Levels: Bi-Level
- Exterior features: Other
- Has view: Yes
- View description: Neighborhood, Other
Lot
- Size: 6,403 Square Feet
- Features: Other
Details
- Parcel number: 450225205023000023
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
Community & HOA
Community
- Subdivision: Winslows Add
Location
- Region: Hammond
Financial & listing details
- Annual tax amount: $6,981
- Date on market: 5/12/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Other,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 9/5/2025 | Sold | $695,000 |
Source:  NIRA as distributed by MLS GRID #820591 Report a problem | ||
| 7/10/2025 | Pending sale | $695,000 |
Source: NIRA as distributed by MLS GRID #820591 Report a problem | ||
| 6/16/2025 | Price change | $695,000-7.2% |
Source: NIRA as distributed by MLS GRID #820591 Report a problem | ||
| 5/12/2025 | Listed for sale | $749,000+171.4% |
Source: NIRA as distributed by MLS GRID #820591 Report a problem | ||
| 11/17/2022 | Sold | $276,000+22.7% |
Source: NIRA as distributed by MLS GRID #521861 Report a problem | ||
| 10/25/2022 | Listed for sale | $225,000 |
Source: NIRA as distributed by MLS GRID #521861 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: North Hammond
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Nearby schools
GreatSchools rating
- 5/10Abraham Lincoln Elementary SchoolGrades: PK-6Distance: 0.2 mi
- 4/10Henry W Eggers Elementary/Middle SchoolGrades: 7-8Distance: 2.1 mi
- 2/10Hammond High SchoolGrades: 9-12Distance: 2.2 mi
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Estimated market value
$713,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$713,900
- Indiana
- Lake County
- Hammond
- 46327
- North Hammond
- 4220 Hohman Ave
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