4319 Towle Avenue Hammond, IN $ 410,000
4319 Towle Avenue
$ 410,000
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4319 Towle Avenue

Hammond, IN, 46327
$ 410,000
Bedrooms5 Baths3.0

Monthly Estimate*

$ 2,524

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Multi-Family Home for sale in Hammond, IN

for $410,000 with 5 bedrooms and 3 full baths. This home was built in 1927 on a lot size of 0.111.

Exceptional investment opportunity at 4319 Towle Avenue! This unique income-producing property features two homes on one lot: a spacious duplex in the front and a separate single-family rear house, offering multiple streams of rental income and strong cash-flow potential. The front duplex consists of two oversized 3-bedroom units, while the rear home features 2 bedrooms and 1 bathroom. All units are currently leased, providing immediate income for the next owner. Numerous improvements have been completed throughout both structures, including updated roofing, siding, water heaters, fresh paint, and extensive interior renovations. The first-floor duplex unit has been recently refreshed and showcases modern finishes throughout. The rear home also benefits from newer central air conditioning. Well-maintained by ownership and positioned in a convenient location near commuter rail stations, major expressways, bike trails, parks, dining, and shopping. Situated just minutes from the Illinois border, making travel into Chicago and surrounding suburbs quick and convenient. Whether you're looking to expand your portfolio or secure a versatile multi-unit investment, this property offers strong rental demand, excellent income potential, and a highly accessible location. Schedule your showing today!

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Multi-Family Active

Price

$ 410,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 6,954

Style

Triplex

Lot Size

0.111

Year Built

1927

Town/City

Hammond

County/Region

Lake

MLS | Web ID

840387

Features
Interior
Interior Amenities Recessed Lighting
Fireplace Y/N N
Above Grade Finished Area 0
Total Bedrooms 5
Total Baths 3
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General
Sewer Public Sewer
Heating Forced Air Natural Gas
Appliances Other
Patio/Porch Features Front Porch
Pool Features None
Pets Allowed Size Limit
Year Built 1927
Township North
Levels Two
Property Subtype Triplex
Tax Year 2024
Gross Income 46080
County Lake
Net Operating Income 37704
New Construction N
Property Type Residential Income
HOA N
Subdivision Name T E Bells Add
Garage Y/N N
Rent Includes Water
Total Rooms 19
Full Baths 3
Status Active
Directions Calumet Ave to 143rd St left/South on Towle property is on left hand side
City Hammond
Lot Size Square Feet 4835
Listing Terms Cash Conventional
Tax Annual Amount 6954
Standard Status Active
Tax Assessed Value 314600
Legal Description T. E. BELLS ADD BL.2 S.1/2 LOT 8 ALL LOT 9
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Exterior
Parking Features On Street
Lot Features Few Trees Near Public Transit
Water Source Public
Lot Size Acres 0.111
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Christian Medina

Listing Agent

Realty Executives Premier

Broker

christian@thenicklagroup.com

Email

Affordability Calculator

$3,104
Per Month
81%
19%
0%
Monthly Principal & Interest
$2,524
Monthly Property Taxes
$580
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
6/10/2026$410,000 Listed Price

Map


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4319 Towle Avenue, Hammond, IN, 46327 is a Multi-Family Home for sale at $410,000 with a lot size of 0.111. 4319 Towle Avenue has 5 bedrooms, 3.0 baths, and was built in 1927. The property's zip code is 46327 which is in Hammond, IN