1138 E Morris St Hammond, IN 46320
Estimated payment $1,839/month
Highlights
- Corner Lot
- Neighborhood Views
- Landscaped
- No HOA
- Front Porch
- 4-minute walk to Memorial Park
About This Home
Investor's Dream! Fully Rented Triplex with Garage in Prime Hammond LocationWelcome to 1138 E Morris Avenue a" a rare opportunity to own a fully leased income-generating triplex in the heart of Hammond. This solid property features three well-maintained units, each offering comfortable living spaces and stable rental income from day one.Ideal for both seasoned investors and those looking to house hack, each unit is currently occupied, ensuring immediate cash flow. Tenants enjoy off-street parking and additional storage with the detached garage on-site a" a valuable amenity in this high-demand rental market.Located minutes from major expressways, the South Shore Line, and the rapidly developing downtown Hammond corridor, this property sits in a strategic location for long-term growth and tenant retention.Don't miss your chance to secure a turnkey multi-unit investment in one of Northwest Indiana's fastest-growing cities!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,259
Year Built
- Built in 1918
Lot Details
- 4,560 Sq Ft Lot
- Landscaped
- Corner Lot
Parking
- 2 Car Garage
Home Design
- Tri-Level Property
Interior Spaces
- 5,016 Sq Ft Home
- Aluminum Window Frames
- Neighborhood Views
- Basement
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Full Bathrooms
Additional Features
- Front Porch
- Heating System Uses Natural Gas
Listing and Financial Details
- The owner pays for common area maintenance
- Assessor Parcel Number 450706182010
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 3 Units
- Maywood Add Subdivision
Pet Policy
- No Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $7,294 | $192,700 | $19,400 | $173,300 |
| 2023 | $4,098 | $152,600 | $22,000 | $130,600 |
| 2022 | $3,840 | $143,300 | $22,000 | $121,300 |
| 2021 | $3,049 | $112,500 | $7,400 | $105,100 |
| 2020 | $2,520 | $92,300 | $7,400 | $84,900 |
| 2019 | $2,452 | $82,900 | $7,400 | $75,500 |
| 2018 | $2,489 | $79,300 | $7,400 | $71,900 |
| 2017 | $2,819 | $78,400 | $7,400 | $71,000 |
| 2016 | $2,331 | $75,000 | $7,400 | $67,600 |
| 2014 | $2,428 | $77,500 | $7,400 | $70,100 |
| 2013 | $2,197 | $74,100 | $7,400 | $66,700 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/08/2025 09/08/25 | Price Changed | $280,000 | -6.7% | $56 / Sq Ft |
| 08/13/2025 08/13/25 | For Sale | $300,000 | 0.0% | $60 / Sq Ft |
| 07/21/2025 07/21/25 | Pending | -- | -- | -- |
| 07/09/2025 07/09/25 | For Sale | $300,000 | -- | $60 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Community Title | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $138,500 | New Conventional |
Source: Northwest Indiana Association of REALTORS®
MLS Number: 823929
APN: 45-07-06-182-010.000-023
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Copyright 2025 MuItiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.
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