5969 Park Place Hammond, IN $ 319,000
5969 Park Place
$ 319,000
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5969 Park Place

Hammond, IN, 46320
$ 319,000
Bedrooms5 Baths4.0

Monthly Estimate*

$ 1,990

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Multi-Family Home for sale in Hammond, IN

for $319,000 with 5 bedrooms and 4 full baths. This home was built in 1915 on a lot size of 0.101.

Excellent Investment or Owner-Occupant Opportunity - 5969 Park Pl, Hammond, IN. Discover a well-maintained four-unit multifamily property on a quiet residential street in Hammond. This solid asset features a desirable unit mix of one 2-bedroom/1-bath unit and three 1-bedroom/1-bath units, offering strong rental appeal and flexibility for both investors and owner-occupants. The building spans 3,560 square feet and is easy to manage, with tenants paying their own gas and electric, while the owner covers water, sewer, and trash. Each unit offers comfortable layouts and individual heating systems, contributing to tenant satisfaction and long-term stability. Conveniently located in Lake County, the property provides quick access to multiple highways, making it attractive to commuters. With stable income in place and room for growth, this is an ideal opportunity for an investor seeking reliable cash flow or an owner-occupant looking to live on-site while generating rental income.

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Multi-Family Active

Price

$ 319,000

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 5,309

Style

Quadruplex

Lot Size

0.101

Year Built

1915

Town/City

Hammond

County/Region

Lake

MLS | Web ID

831955

Features
Interior
Interior Amenities Other
Fireplace Y/N N
Above Grade Finished Area 3560
Total Bedrooms 5
Total Baths 4
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General
Sewer Public Sewer
Heating Baseboard
Appliances Other
Garage Spaces 2
Pets Allowed Yes
Year Built 1915
Township North
Levels Two
Property Subtype Quadruplex
Tax Year 2024
Gross Income 43080
County Lake
Net Operating Income 23718
New Construction N
Property Type Residential Income
Subdivision Name Harrison Park Add
Garage Y/N Y
Full Baths 4
Status Active
Directions Driving East on I-94 take I-41 exit going north. Continue for 3 miles turn left on Highland Street. After a half mile turn right on Park Pl and property in on the right.
City Hammond
Lot Size Square Feet 4400
Listing Terms Cash VA Loan Other FHA Conventional
Tax Annual Amount 5309
Standard Status Active
Tax Assessed Value 240200
Legal Description HARRISON PARK ADD. L.20 BL.3 N2. OF L.21 BL.3
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Exterior
Exterior Amenities Other
Lot Features Other
Water Source Public
Lot Size Acres 0.101
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Andrew Page

Listing Agent

Ellsbury Commercial Group Llc

Broker

andy.page@ellsburygroup.com

Email

Affordability Calculator

$2,433
Per Month
82%
18%
0%
Monthly Principal & Interest
$1,990
Monthly Property Taxes
$442
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1261196 Elementary School
1261197 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/17/2025$319,000 Listed Price

Map


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5969 Park Place, Hammond, IN, 46320 is a Multi-Family Home for sale at $319,000 with a lot size of 0.101. 5969 Park Place has 5 bedrooms, 4.0 baths, and was built in 1915. The property's zip code is 46320 which is in Hammond, IN