Date
Details
Price
Change
Source
5/20/2026
Listed
$450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/31
$450,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 15 Rimbach St
General
- Price: $450,000
- Taxes: $10,017 (2025)
- Status: Active
- Type: Multi-Family
- Source: GNIAR
- MLS ID: 839212
- Updated: Today (5/20/2026)
- Added to Site: Today
Interior
- Interior Features: Other
- Appliances: Gas Range, Stainless Steel Appliance(s), Refrigerator, Other
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 6
Parking
- Garage Spaces: 2
Location
- County: Lake
- Township: North
- Subdivision: Drackerts Add 02
- Driving Directions: From I-90 head north on Indianapolis Blvd. Continue for 4 miles, then turn left onto Gostlin St heading west toward downtown Hammond. Continue a few blocks, then turn right onto Hohman Ave. Turn left onto Rimbach. Property is on your right.
Heating & Cooling
- Heating Type: Baseboard
Structural Information
- Year Built: 1890
Lot Features
- Lot Size (Acres): 0.134
- Lot Size (Sq. Ft.): 5,837
- Lot Features: Other, Near Public Transit
Financial Considerations
- Tax Amount: $10,017
- Tax Year: 2025
- Terms: Cash, Other, Conventional
Disclosures and Reports
- Legal Description: DRACKERTS 2ND. ADD. W. 7 FT. 2 IN. L.25 ALL L.26
- Property ID: 450236152016000023
Listed by Ellsbury Group
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Listing agents
— 15 Rimbach St —
Ellsbury Group
Ellsbury Group
NMLS#: 1598647
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Schools
Schools serving 15 Rimbach St
School District:Hammond School City
| Name | Grades | Distance |
|---|---|---|
Henry W Eggers Elem/Md School 5825 Blaine Ave, Hammond, IN 46320 | 6-8 | 0.9 mi |
Hammond High School 5926 Calumet Avenue, Hammond, IN 46320 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 15 Rimbach St
Tax History
Tax History for 15 Rimbach St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,155
—
$415,200
-4%
2024
$4,155
-31%
$432,000
241%
2023
$6,061
81%
$126,800
2%
2022
$3,344
-46%
$124,800
1%
2020
$6,156
73%
$123,100
3%
2019
$3,552
—
$119,200
18%
2019
$3,552
11%
$101,300
3%
2018
$3,207
-10%
$98,800
2%
2017
$3,572
—
$96,400
2%
2017
$3,572
18%
$94,200
-6%
2016
$3,032
5%
$99,800
1%
2015
$2,879
-39%
$99,100
1%
2013
$4,683
—
$97,800
-1%
2012
$4,684
—
$98,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 15 Rimbach St
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- Single Family
- Active
- Updated 6 days ago
- 7Beds
- 7Total Baths
- 7,698Sq. Ft.
Listed by RE/MAX Realty Associates
- Townhouse
- Active
- Updated 23 hours ago
- 2Beds
- 1Total Bath
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- Single Family
- Active
- Updated 6 days ago
- 4Beds
- 4Total Baths
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Listed by Keller Williams Preferred Real
- Single Family
- Active
- Updated 8 hours ago
- 3Beds
- 2Total Baths
- 2,592Sq. Ft.
Listed by American Home Realty, Inc.
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- Single Family
- Active
- Updated 3 hours ago
- 5Beds
- 4Total Baths
- 5,450Sq. Ft.
Listed by Keller Williams Preferred Real
- Condo
- Active
- Updated 6 days ago
- 2Beds
- 2Total Baths
- 1,200Sq. Ft.
Listed by Compass Indiana, LLC
- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 3Total Baths
- 2,732Sq. Ft.
Listed by Listing Leaders Northwest
- Condo
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 1,917Sq. Ft.
Listed by Fathom Realty Indiana, LLC
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- Multi-Family
- Closed
- 6Total Beds
Listed by Rose Real Estate
Sold by Non-Member MLS Office
Sold by Non-Member MLS Office
- Multi-Family
- Closed
- 5Total Beds
Listed by Keller Williams Realty Group
Sold by Century 21 Circle
Sold by Century 21 Circle
- Multi-Family
- Closed
- 5Total Beds
Listed by Haven Realty
Sold by Realty Executives Premier
Sold by Realty Executives Premier
15 Rimbach Street, Hammond, IN 46320 (MLS# 839212) is a Multi-Family property with units containing 6 bedrooms and 6 full bathrooms. 15 Rimbach Street is currently listed for $450,000 and was received on May 20, 2026. Want to learn more about 15 Rimbach Street? Do you have questions about finding other Multi-Family real estate for sale in Hammond? You can browse all Hammond real estate or contact a Coldwell Banker agent to request more information.