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851 150th Street, 
Hammond, IN 46327

$495,000

6

Beds

5

Baths

-

Sq Ft

Multi-Family

Active

Listed by

Michael Larson

Rose Real Estate

219-836-2400

Last updated:

October 29, 2025, 01:25 PM

MLS#

829993

Source:

Northwest Indiana AOR as distributed by MLS GRID

About This Home

851 150th Street

RARE All-Brick Brick, RANCH, 5-Unit Apartment Building featuring ONE 2-Bed Apartment and FOUR 1-Bed Apartments with coin-operated Laundry Room for extra income. 8.41 CAP Rate! 3 of the 5 apartments have been remodeled with NEW Kitchen Cabinets, GRANITE Kitchen Countertops, NEW Vinyl Flooring, NEW Plumbing & Light Fixtures and Custom Bathroom design. Each Apartment has Individual Wall Air-Condition Units. Tenant pays Gas/Electric.

Home Facts

Multi-Family

5 Baths

6 Bedrooms

Built in 1972

Price Summary

495,000

MLS #:

829993

Last Updated:

October 29, 2025, 01:25 PM

Added:

3 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

5

Structure

Structure

Year Built:

1972

Lot

Lot Size (Sq. Ft):

6,590

Finances & Disclosures

Finances

Price:

$495,000

Source:Northwest Indiana AOR as distributed by MLS GRID
Based on information submitted to the MLS GRID as of October 29, 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.