$450,000

15 Rimbach Street, Hammond, IN 46320

  • 6 beds |
  • 6 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1890
  • Property Lot Size Icon5,837sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 20 hours ago

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.

Listing Status:
Active
Data Last Updated:
May 21, 2026 at 1:19AM
Listing Office:
Ellsbury Group : (219) 200-5133
Listing Agent:
Andrew Page :
MLS ID:
839212
  • General: Other
  • Appliances: Gas RangeStainless Steel Appliance(s)RefrigeratorOther
  • Basement: Unfinished
  • Heating: Baseboard
  • General: Two
  • Originating MLS: nira
  • County: Lake
  • Zoning: DRACKERTS 2ND. ADD. W. 7 FT. 2 IN. L.25 ALL L.26450236152016000023
  • View: Neighborhood
  • Utilities: Electricity ConnectedWater ConnectedSewer ConnectedNatural Gas Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: nira

This listing courtesy of Andrew Page , Ellsbury Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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