Skip main navigation
Pending
  • $249,900

    540 165th St, Hammond, IN 46324

    --beds
    --baths
    --sqft
    : 
    Loading
    Get pre-qualified
    Duplex
    Built in 1941
    -- sqft lot
    $248,500 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Separate entrancesAll-brick two-unit income propertyShared foyerPrivacy between units
    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!
    13 days
    |
    561
    |
    44
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Ruza Jevtic,

    Realty Executives Premier 219-462-2224

    Source: NIRA as distributed by MLS GRID,MLS#: 841327MLS Logo

      Facts & features

      Interior

      Heating
      • Hot Water, Natural Gas
      Appliances
      • Included: Stainless Steel Appliance(s), Refrigerator, Gas Water Heater
      Features
      • Entrance Foyer, Soaking Tub, Laminate Counters, Eat-in Kitchen
      • Basement: Full,Unfinished,Storage Space,Interior Entry
      • Has fireplace: No
      Interior area
      • Finished area above ground: 1,969

      Property

      Parking
      • Total spaces: 6
      • Parking features: Additional Parking, Off Street, Gravel, Alley Access
      Features
      • Levels: Two
      • Has view: Yes
      • View description: City, Neighborhood
      Lot
      • Size: 6,229 Square Feet
      • Features: Back Yard, Near Public Transit, Front Yard, Few Trees
      Details
      • Parcel number: 450612202004000023
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex
      Condition
      • New construction: No
      • Year built: 1941

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: F B Halls
      HOA
      • Has HOA: No
      Location
      • Region: Hammond

      Financial & listing details

      • Annual tax amount: $4,100
      • Date on market: 6/26/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,FHA,Conventional

        Estimated market value

        $248,500

        $236,000 - $261,000

        $1,449/mo

        Price history

        DateEventPrice
        7/1/2026Pending sale$249,900
        Source: NIRA as distributed by MLS GRID #841327 Report a problem
        6/26/2026Listed for sale$249,900+42.8%
        Source: NIRA as distributed by MLS GRID #841327 Report a problem
        10/19/2021Listing removed--
        Source: NIRA as distributed by MLS GRID #501583 Report a problem
        9/27/2021Listed for sale$175,000+48.9%
        Source: NIRA as distributed by MLS GRID #501583 Report a problem
        9/15/2020Sold$117,500-6%
        Source: NIRA as distributed by MLS GRID #474728 Report a problem
        8/4/2020Pending sale$125,000
        Source: McColly Real Estate #474728 Report a problem
        6/20/2020Price change$125,000-3.8%
        Source: McColly Real Estate #474728 Report a problem
        5/22/2020Listed for sale$129,900+13%
        Source: McColly Real Estate #474728 Report a problem
        6/1/2014Listing removed$575
        Source: McColly Real Estate #329432 Report a problem
        5/31/2013Listed for rent$575
        Source: McColly Real Estate #329432 Report a problem
        4/27/2007Sold$115,000
        Source: NIRA as distributed by MLS GRID #171322 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: South Hammond

        Getting around

        64 / 100
        Somewhat Walkable
        65 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes

        Skip to the end of the carouselSkip to the beginning of the carousel