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227 Carroll Street

$1,875,000

227 Carroll Street, Hammond, IN 46320

Active
Last Updated: 10/09/2026

14,904 sqft

Building Size

0.31 acres

Lot Area

Details:
Building Size:    14,904 sqft
Lot Area:    0.31 acres
Occupancy:    93%
Units:    15
Year Built:    1930
Floors:    4
Highlights:
  • 11 of 15 Apartment Recently Updated
  • Brick/Block Exterior
  • Gas & Electric Metered Separately
Description:

Excellent opportunity to acquire a recently updated 15-unit multifamily property featuring a durable brick and block exterior and a desirable mix of primarily two-bedroom apartments. The four-story building was originally constructed in 1930 and has undergone recent updates throughout the apartment units. The unit mix consists of 13 two-bedroom/one-bath apartments, one one-bedroom apartment, and one studio apartment, providing an attractive concentration of highly marketable two-bedroom units. Apartment interiors have been updated, with select units featuring granite kitchen countertops and stainless-steel appliances. Each apartment is equipped with electric heat, and select units include window air-conditioning units. Additional property amenities include 17 on-site parking spaces and a common laundry area equipped with two washers and two dryers for resident use.

Located near downtown Hammond and the new South Shore Train line. Only a 35-minute drive to downtown Chicago.

Map:
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