Listing provided courtesy of eXp Realty, LLCNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 833696MLS Provider

4828 Oak AvenueHammond, IN 46327

Multi-Family · 6 Beds · 2 Full Baths · 1 Three Quarter Bath · 0.11 Acres
$259,900 Active

4828 Oak Avenue Overview

Time on Site:
144 days
Visits:
2

This two-unit rental property in Hammond, IN offers both stable cash flow and versatile living options. Tenants are leased through January 2027, providing predictable rental income from day one. The front single-family home features an open living and dining area, a spacious kitchen, and a finished basement that includes an additional bedroom and bath. The rear building includes a two-bedroom, one-bath upper unit with an enclosed porch. On the main level of the rear building, there is a flexible living area with its own locked door, offering privacy and versatility. This space can serve as a recreation room, home office, guest area, or bonus family living area, adding unique functionality to the property. Both units are fully occupied and positioned to provide reliable income. Located in a convenient Hammond neighborhood near schools, shopping, and major roadways.

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4828 Oak Avenue Facts & Features

  • Type Multi-Family
  • Lot 0.11 Acres

Details

General

Association/HOA

  • Association: false

Income/Expenses

  • Gross Income: 19200
  • Gross Scheduled Income: 19200
  • Insurance Expense: 1491
  • Maintenance Expense: 2000
  • Net Operating Income: 12098

Building Information

  • New Construction: false
  • Year Built: 1920

Location/Region

  • County Or Parish: Lake
  • Subdivision Name: Stafford & Trankles Add
  • Township: North

Rent/Lease Information

  • Lease Considered: true
  • Lease Expiration: 2027-01-30
  • Lease Term: 12 Months
  • Rent Includes: None

Tax Information

  • Tax Annual Amount: 3310
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 450330356027000023
  • Pets Allowed: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Three Quarter: 1
  • Bathrooms Total: 3
  • Bedrooms Total: 6

Building Interior

  • Above Grade Finished Area: 2816

General Information

  • Appliances: None
  • Fireplace: false
  • Heating: Central,Unit Control,Natural Gas,Forced Air
  • Interior Features: Eat-in Kitchen,Recessed Lighting,Open Floorplan,Granite Counters
  • Laundry Features: Electric Dryer Hookup,Sink,Lower Level,Gas Dryer Hookup
  • Levels: One
  • Living Area Source: Assessor
  • Security Features: Carbon Monoxide Detector(s),Security System,Security Lights,Smoke Detector(s)

Exterior

Parking Information

  • Parking Features: On Street

Lot Information

  • Lot Features: Front Yard,Other
  • Lot Size Acres: 0.1134
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 4940
  • Water Source: Public

Waterfront/View

  • View: Neighborhood
  • Waterfront: false

Building Exterior/Construction

  • Patio And Porch Features: Enclosed,Front Porch

General Information

  • Exterior Features: Lighting,Rain Gutters,Private Yard
  • Sewer: Public Sewer
  • Utilities: Cable Available,Sewer Available

4828 Oak Avenue Neighborhood

Community

46327 (Hammond) Demographics

31
Median Age
2,661
Population Density (per sq. mile)
19%
College Educated
$45,083
Estimated Median Income
2,176
Estimated Total Home Owners
1,736
Estimated Total Renters
56% / 44%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4828 Oak Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4828 Oak Avenue Market Data

Based on the last 30 days in this zip code

$170,723
Average List Price
$141
Average Price per Square Foot
2
Properties Sold
106
Average Days on Market
17
Properties for Sale
Calculations provided by Reliance Network

4828 Oak Avenue History

Date Event Value Agent
2/6/2026Source: Northwest Indiana MLS Added to Database
February 06, 2026