227 Carroll Street

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Address: 227 Carroll St, Hammond, IN 46320, USA
Chicago & Midwest + Apartment Buildings
Created date: October 8, 2026
Date last updated: October 8, 2026
Price: $1,875,000Investment Analyzer NEW!
  • 11 of 15 Apartment Recently Updated
  • Brick/Block Exterior
  • Gas & Electric Metered Separately

Property 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.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $1,875,000
No. of Units: 15
Year Built: 1930
Lot Size: 0.31 Acres
Opportunity Zone: No
Price per unit: $125,000
Property Website Click Here
Address: 227 Carroll Street, Hammond, IN 46320, USA
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