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$349,000 Just Listed
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Property Description
Rarely does a two-unit income property come to market in this condition. Live in one unit, rent the other -- or lease both and watch your investment perform. The main-level unit offers approx. 1,400 sq. ft. with 4 bedrooms, 1 bath, a sunroom, and a fireplace. The upper level features approx. 1,200 sq. ft. with 3 bedrooms, 1 bath, a dedicated office space, and its own fireplace. Both units are freshly painted and move-in ready. Major updates within the last 7 years include a new roof, water heater, two independent furnaces, replacement windows, updated copper plumbing with a hydropneumatic pressure booster, full PVC sewer replacement, updated electrical panel, gutter guards, and more -- virtually no deferred maintenance. Coined laundry in the basement adds income potential. Walking distance from Downtown Hammond, less than 2 miles from the renovated Southshore Hammond Gateway Station with direct rail access to Chicago, and under 25 miles from the city. Opportunities like this do not come around often.
Full Property Details
Full Property Details for 23 Mason St
General
- Price: $349,000
- Taxes: $2,230 (2024)
- Status: Active
- Type: Multi-Family
- Source: GNIAR
- MLS ID: 835425
- Updated: 3/13/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 12
- Interior Features: High Ceilings, Walk-In Closet(s), Tray Ceiling(s), Open Floorplan
- Fireplace: Yes
- Number of Fireplaces: 2
- Appliances: Dryer, Refrigerator, Microwave, Gas Water Heater, Gas Range
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 7
Exterior
- Exterior Features: Private Yard, Rain Gutters
Parking
- Parking Features: Driveway, Off Street, Paved
Location
- County: Lake
- Township: North
- Subdivision: Homewood Add
- Driving Directions: North on Hohman Ave from 165th St. West on Mason St
School Information
- High School District: Hammond
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Structural Information
- Year Built: 1907
Lot Features
- Lot Size (Acres): 0.1047
- Lot Size (Sq. Ft.): 4,560
- Lot Features: Back Yard, Private
- Zoning: Residential
Financial Considerations
- Tax Amount: $2,230
- Tax Year: 2024
- Terms: Cash, VA Loan, FHA, Conventional
Disclosures and Reports
- Legal Description: HOMEWOOD ADD. L.26 BL.3 E. 1/2 L.27 BL.3
- Property ID: 450601103022000023
Listed by McColly Real Estate
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Schools
Schools serving 23 Mason St
School District:Hammond School City
| Name | Grades | Distance |
|---|---|---|
Kenwood Elementary School, Hammond, IN 6416 Hohman Avenue, Hammond, IN 46324 | PK-5 | 0.8 mi |
Henry W Eggers Elem/Md School 5825 Blaine Ave, Hammond, IN 46320 | 6-8 | 0.4 mi |
Hammond High School 5926 Calumet Avenue, Hammond, IN 46320 | 9-12 | 0.8 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 23 Mason St
Date
Details
Price
Change
Source
3/13/2026
Listed
$349,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 23 Mason St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,227
-69%
$192,500
27%
2023
$7,260
174%
$151,900
6%
2022
$2,654
-17%
$143,700
36%
2020
$3,186
16%
$105,900
3%
2019
$2,748
—
$102,900
7%
2019
$2,748
123%
$96,000
9%
2018
$1,235
-6%
$88,400
5%
2017
$1,319
—
$84,200
12%
2017
$1,319
32%
$74,900
-3%
2016
$998
7%
$77,000
—
2015
$932
-40%
$76,900
-6%
2013
$1,565
2%
$82,200
1%
2012
$1,533
—
$81,600
—
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 23 Mason St
23 Mason Street, Hammond, IN 46320 (MLS# 835425) is a Multi-Family property with units containing 7 bedrooms and 2 full bathrooms. 23 Mason Street is currently listed for $349,000 and was received on March 13, 2026. Want to learn more about 23 Mason 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.

