Google street view image for 15 Rimbach St, Hammond, IN 46320

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Est. $3,264/mo —
—
bd
•
— ba
•
2,250
sq ft

15 Rimbach St, Hammond, IN 46320

map-entry

About this home

We are pleased to present a compelling 6-unit multifamily investment opportunity in the established Hammond, Indiana rental market. This unique asset features a desirable unit mix of six 1-bedroom / 1-bath apartments, comprised of a 4-unit main building and a separate 2-unit coach house--offering an attractive layout for both operational flexibility and tenant appeal. The property benefits from strong demand for affordable, well-located rental housing in Northwest Indiana, making it an ideal opportunity for both seasoned investors and owner-operators seeking stable cash flow with long-term upside. Conveniently located near major highways, retail corridors, employment centers, and commuter access to Chicago, the property is well-positioned to attract and retain tenants. This is an excellent opportunity to acquire a multi unit asset with immediate income potential and future upside through continued operational optimization and rental growth.

Multi-familyProperty Type
1890Year Built
5,837 sq ftLot Size
2 car garageParking
Source:Public Records

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Open houses

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Around this home

Schools

Annie Burns-Hicks Elementary School

Public PreK-6 • Assigned • 1.8mi

3/10
Henry W Eggers Elementary/Middle School

Public 7-8 • Assigned • 0.9mi

4/10
Hammond High School

Public 9-12 • Assigned • 1.2mi

2/10
Provided by GreatSchools
About Downtown
Hammond

Provided by Walk Score and Local Logic

Property details

  • Interior features
  • Pets: contact listing agent for policy
  • Other interior features (unspecified)
  • Bedrooms
  • Multi-unit property with a total of 4 units
  • Bathrooms
  • Six full bathrooms
  • Kitchen
  • Gas range
  • Stainless steel appliances
  • Refrigerator
  • Other kitchen features (unspecified)
  • Laundry & utility
  • Basement is unfinished (utility/storage potential)
  • Heating & cooling
  • Baseboard heating
  • Individual cooling units

Sale and tax history for 15 Rimbach St

Public record

Beds
—
Baths
—
Stories
3
Lot width
31 ft.
Lot depth
188 ft.
Lot size
5,837 Sq. Ft.
Year renovated
2000
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,250
Year built
1890
Style
Multi-Family (5+ Unit)
County
Lake County
APN
450236152016000023
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 9, 2026.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 102° expected this year, 15 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

4/10 Air Factor

5 unhealthy days expected this year, 6 days in 30 years

Provided by First Street

Historical weather

Hammond, IN • 46320
Average low and high temperatures (°F)
31
17
40
24
55
35
63
44
69
51
82
64
87
70
82
66
79
61
69
50
52
39
38
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

72/ 100

Good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

8.3 hrs
5.2 hrs
JuneDecember
Provided by Shadowmap

Redfin Estimate for 15 Rimbach St

$413,509
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $160K to $340K.

This home is pending

The seller has accepted an offer, and this property is now pending.

Have questions?

Hammond Redfin AgentToni Farriols
Toni Farriols

Hammond Redfin Agent

Toni Farriols typically replies in about 12 minutes

Text or call 219-277-3196

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Details provided by NIRA MLS as Distributed by MLS Grid and may not match the public record. Learn more.

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