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7135 Columbia Avenue, Hammond, IN 46324

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For Sale
Sale Pending

$330,000

6 beds • 3 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Over 50 Years Old
    Age

Explore this Property

Three townhomes in south Hammond next to the private preK through 8th grade school, less than 5 minutes from the new south Hammond West lake extension commuter rail station to Chicago! Each home is occupied with long term renters. Solid brick construction with large, two bedroom, townhomes totaling over 1100 square feet! Renters do pay their own gas and electric, owner cover water, sewer and trash. Gross receipts currently sit at 3225 per month with plenty of room to grow on any new lease. Layouts include living room, dining room, Kitchen, two bedrooms, and a full bath. The prime location near not only private schools but also the public K-5, nearby Columbia Plaza shopping district that is included in the West Lake Transit Development District (TDD) ensure further investment in the near future, as well a close proximity to the Erie Lackawanna protected bike trails with bridges over crossings that make it a breeze to ride your bike to the trains if you so desire! Properties like this solid brick mid century apartment building is illegal to build in most areas today. That zoning highlight might be bad for keeping rents low but it is great for someone who can purchase this well maintained, income producing property, with desirable timeless layouts, and the last glimpse of housing affordability in this very well maintained mid century boom town preparing to start it's next chapter with the addition of 3 new commuter rail lines to north to Chicago or south to Munster and Dyer along the cities western border. The possibilities are endless, do not miss your chance to own this unique, well kept, income producing mid-century moneymaker!
MLS# 823124

Courtesy Of Reeder Companies LLC

(219) 844-7007

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Security System, Security System
  • Architecture Style
    Other
  • Heating System
    Forced Air
  • Lot Size
    0.17 Acres

Map and Directions

Directions to 7135 Columbia Avenue, Hammond, IN 46324

Home seller CENTURY 21 Circle

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Circle

(219) 662-5445
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Monthly Payment Breakdown

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Copyright © 2025 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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