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  • $187,000

    540 165th St, Hammond, IN 46324

    --beds
    --baths
    --sqft
    Duplex
    Built in 1941
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $1,626 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,626/mo

    Zestimate® history
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    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Ruza Jevtic,

    Realty Executives Premier 219-462-2224

    Bought with:

    Ruza Jevtic, RB20001601

    Realty Executives Premier

    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

    Price history

    DateEventPrice
    7/31/2026Sold$187,000-25.2%
    Source: NIRA as distributed by MLS GRID #841327 Report a problem
    7/18/2026Pending sale$249,900
    Source: NIRA as distributed by MLS GRID #841327 Report a problem
    7/12/2026Listed for sale$249,900
    Source: NIRA as distributed by MLS GRID #841327 Report a problem
    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.

    Neighborhood: South Hammond

    Nearby schools

    GreatSchools rating
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